Common use of Adjustments for Issuance of Additional Stock Clause in Contracts

Adjustments for Issuance of Additional Stock. Subject to the exception referred to in Section 2.2(d) hereof and except as otherwise provided for in Section 2.2(a) hereof, in case the Company shall at any time or from time to time after the Closing Date issue any additional shares of its Common Stock ("Additional Common Stock") (i) for consideration per share less than the then current Market Price per share of the Company's Common Stock (determined as provided in Section 2.2(f) hereof) immediately prior to the issuance of such Additional Common Stock, or (ii) without consideration, then upon demand of the Majority Holders (as defined below), in the case of either clause (i) or (ii), and thereafter successively upon each such issuance, the current exercise price shall forthwith be reduced to a price determined by multiplying such current exercise price by a fraction, of which