Common use of Adjustments for Reclassification, Exchange and Substitution Clause in Contracts

Adjustments for Reclassification, Exchange and Substitution. If the Common Stock issuable upon conversion of the Series A Preferred Stock shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for above), the Conversion Price then in effect shall, concurrently with the effectiveness of such reorganization or reclassification or similar transaction, be proportionately adjusted such that the shares of Series A Preferred Stock shall be convertible into, in lieu of the number of shares of Common Stock that the holders would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to receipt by the holders upon conversion of the shares of Series A Preferred Stock immediately before that change.

Adjustments for Reclassification, Exchange and Substitution. If the Common Stock issuable upon conversion of the Series A B Preferred Stock shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification reclassification, merger, share exchange or otherwise (other than a subdivision Stock Subdivision or combination of shares Stock Combination provided for above), the Conversion Price then in effect shall, concurrently with the effectiveness of such reorganization reorganization, reclassification, merger, share exchange or reclassification or similar other transaction, be proportionately appropriately and equitably adjusted such that the shares of Series A B Preferred Stock shall be convertible into, in lieu of the number of shares of Common Stock that which the holders would otherwise have been entitled to receive, a that number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to receipt by the holders upon conversion of the shares of Series A B Preferred Stock immediately before that such change.

Adjustments for Reclassification, Exchange and Substitution. If the Common Stock issuable upon conversion of the Series A Preferred Stock shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for above), then and in each such event the Conversion Price then in effect shall, concurrently with the effectiveness Holder of such reorganization or reclassification or similar transaction, be proportionately adjusted such that the shares each share of Series A Preferred Stock shall be convertible into, in lieu of have the number right thereafter to convert such share into the kind and amount of shares of Common Stock that the stock and other securities and property receivable upon such reorganization or reclassification or other change by holders would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to receipt by the holders upon conversion of the shares of Series A Preferred Stock immediately before that change, all subject to further adjustment as provided herein.

Adjustments for Reclassification, Exchange and Substitution. If the Common Stock issuable upon conversion of the Series A A-1 Preferred Stock shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for above), then and in each such event the Conversion Price then in effect shall, concurrently with Holder of each share of Series A-1 Preferred Stock shall have the effectiveness right thereafter to convert such share into the kind and amount of shares of stock and other securities and property receivable upon such reorganization or reclassification or similar transaction, be proportionately adjusted such that the shares other change by holders of Series A Preferred Stock shall be convertible into, in lieu of the number of shares of Common Stock that the holders would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to receipt by the holders upon conversion of the shares of Series A A-1 Preferred Stock immediately before that change, all subject to further adjustment as provided herein.