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

Adjustments for Reclassification, Exchange or Substitution. If the Common Stock for which this Warrant is exercisable at any time or from time to time after the Original Issue Date shall be changed to the same or different number of shares of any class or classes of stock, whether by reclassification, exchange, substitution or otherwise (other than by way of a stock split or combination of shares or stock dividends provided for in Section 3(a), Section 3(b), or a reorganization, merger, consolidation, or sale of assets provided for in Section 3(d)), then, and in each event, an appropriate revision to the Warrant Price shall be made and provisions shall be made (by adjustments of the Warrant Price or otherwise) so that, upon any subsequent exercise of this Warrant, the Holder shall have the right to receive, in lieu of Warrant Stock, the kind and amount of shares of stock and other securities receivable upon reclassification, exchange, substitution or other change, by holders of the number of shares of Common Stock for which this Warrant was exercisable immediately prior to such reclassification, exchange, substitution or other change, all subject to further adjustment as provided herein. 针对重新分类、交换和替代的调整。如果期权可转普通股在原始发行日后的任何时间或不时应当变为相同或不同数量的任何类别股票的股份,不论系通过重新分类、交易、替代或其他方式(第3节(a)和第3节(b)规定的分股、并股、股票分红,或第3节(d)规定的重组、合并、兼并或资产出售除外),则在任一情况下,应适当修改期权行权价且规定(通过调整期权行权价或其他方式)在随后行使本期权时,,以使C系列优先股持有人有权获得特定类型和数量的股份和其他证券以取代期权可转股票,该等股份和其他证券应为持有人在该等重新分类、交易、替代或其他改变即将发生前行权可持有的普通股股份在进行重组、重新分类或其它改变时应获得的,但均受限于本章程规定的进一步调整。

Appears in 3 contracts

Samples: MOQIZONE HOLDING Corp, MOQIZONE HOLDING Corp, Jpak Group, Inc.

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