Common use of Adjustment of Number of Shares Issuable Upon Exercise Clause in Contracts

Adjustment of Number of Shares Issuable Upon Exercise. In case the Company shall at any time after the date hereof (a) issue any shares of Common Stock or any securities convertible into or exchangeable for Common Stock, or any rights to purchase Common Stock or securities convertible into or exchangeable for Common Stock, as a dividend or other distribution upon Common Stock, or (b) issue any shares of Common Stock in subdivision of outstanding shares of Common Stock by reclassification or otherwise, or (c) combine outstanding shares of Common Stock, by reclassification or otherwise, (i) the Registered Holder of this Warrant shall thereafter (until another such adjustment) be entitled to purchase on the date purchase rights under this Warrant are exercised, the number of shares of Warrant Stock, calculated to the nearest full share, determined by multiplying the number of shares of Warrant Stock purchasable hereunder immediately prior to any adjustment by a fraction, the numerator of which shall be the number of shares of Common Stock Deemed Outstanding immediately after such dividend, distribution, subdivision or combination and the denominator of which shall be the number of shares of Common Stock Deemed Outstanding immediately prior to such dividend, distribution, subdivision or combination and (ii) the Exercise Price shall be adjusted to equal the Exercise Price hereunder immediately prior to any such adjustment multiplied by a fraction, the numerator of which shall be the number of shares of Common Stock Deemed Outstanding immediately before such dividend, distribution, subdivision or combination and the denominator of which shall be the number of shares of Common Stock Deemed Outstanding immediately after such dividend, distribution, subdivision or combination.