Common use of Adjustment Upon Common Stock Event Clause in Contracts

Adjustment Upon Common Stock Event. The Conversion Price shall each be subject to adjustment from time to time as provided below. Following each adjustment thereof, such adjusted Conversion Price shall remain in effect until a further adjustment of such Conversion Price hereunder. Upon the happening of a Common Stock Event (as hereinafter defined), the Conversion Price shall simultaneously with the happening of such Common Stock Event, be adjusted by multiplying the such amount in effect immediately prior to such Common Stock Event by a fraction: Exhibit A-3

Adjustment Upon Common Stock Event. The Conversion Price shall each be subject to adjustment from time to time as provided below. Following each adjustment thereof, such adjusted Conversion Price shall remain in effect until a further adjustment of such Conversion Price hereunder. Upon the happening of a Common Stock Event (as hereinafter defined), the Conversion Price shall simultaneously with the happening of such Common Stock Event, be adjusted by multiplying the such amount in effect immediately prior to such Common Stock Event by a fraction: Exhibit A-3(i) the numerator of which shall be the number of shares of Common Stock issued and outstanding immediately prior to such Common Stock Event, and