Common use of Adjustment to Warrant Shares Clause in Contracts

Adjustment to Warrant Shares. In the event any adjustment under this Section 3(f) or Section 3(i) hereof that results in a reduction of the Exercise Price, in aggregate, to 50% of the Initial Exercise Price, then in connection with such adjustment, each Qualified Holder shall receive two (2) additional Warrants for each one (1) Warrant held by such Qualified Holder on the date of adjustment. Such additional Warrants shall be on the same terms as the as-adjusted Warrant; provided, however, that the term of the additional warrant shall be five (5) years from the issuance date and such additional warrant will not be a tradable warrant. For the avoidance of doubt, each Qualified Holder will receive no more than one (2) additional Warrants for each one (1) Warrant, held by such Qualified Holder.

Adjustment to Warrant Shares. In the event of any adjustment under this Section 3(f3(e) or Section 3(i3(h) hereof that results in a reduction of the Exercise Price, in the aggregate, to 50% of the Initial Exercise Price, then in connection with such adjustment, each Qualified Holder shall receive two one (21) additional Warrants Warrant for each every one (1) Warrant held by such Qualified Holder on the date of adjustment. Such additional Warrants Warrant shall be on substantially the same terms as the as-adjusted Warrant; provided, however, that the term of the additional warrant shall be five (5) years from the issuance date and such additional warrant will not be a tradable warrant. For the avoidance of doubt, in any case each Qualified Holder will not receive no more than one (2) additional Warrants for each one (1) Warrant, held by such Qualified Holder, more than one (1) additional Warrant.

Adjustment to Warrant Shares. In the event any adjustment under this Section 3(f), 3(j) or Section 3(i) hereof that results in a reduction of the Exercise Price, in aggregate, to 50% of the Initial Exercise Price, then in connection with such adjustment, each Qualified Holder shall receive two (2) additional Warrants for each one (1) Warrant held by such Qualified Holder on the date of adjustment. Such additional Warrants shall be on the same terms as the as-adjusted Warrant; provided, however, that the term of the additional warrant shall be five (5) years from the issuance date and such additional warrant will not be a tradable warrant. For the avoidance of doubt, each Qualified Holder will receive no more than one (2) additional Warrants for each one (1) Warrant, held by such Qualified Holder.