Common use of ADJUSTMENT OF NUMBER OF SHARES PURCHASABLE UPON EXERCISE; EXERCISE PRICE Clause in Contracts

ADJUSTMENT OF NUMBER OF SHARES PURCHASABLE UPON EXERCISE; EXERCISE PRICE. The number of shares of Common Stock purchasable upon the exercise of this Warrant shall be determined by multiplying the number of shares of Common Stock which would otherwise (but for the provisions of this Section 4) be issuable upon such exercise, as designated by the holder hereof pursuant to Section 2.1 hereof, by a fraction (a) the numerator of which shall be the Initial Exercise Price and (b) the denominator of which shall be the Exercise Price in effect on the date of such exercise. The "Exercise Price" shall initially be the Initial Exercise Price and shall be adjusted and readjusted from time to time as provided in this Section 4 and, as so adjusted or readjusted, shall remain in effect until a further adjustment or readjustment thereof is required by this Section 4.