Common use of Adjustments for Tax Purposes Clause in Contracts

Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to any required by Section 4.06 hereof, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to any required by Section 4.06 13.07 hereof, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to any those required by Section 4.06 hereof6.6 above, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to any those required by Section 4.06 5.06 hereof, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may may, at its ---------------------------- option, make such reductions in the Conversion Price, in addition to any those required by Section 4.06 hereof5.06 above, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may may, at its ---------------------------- option, make such reductions in the Conversion Price, in addition to any those required by Section 4.06 hereof5.06 above, as it the Board of Directors determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to any those required by Section 4.06 hereof1304 above, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to any those required by Section 4.06 hereof15.6 above, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to any required by Section 4.06 12.07 hereof, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may may, at its option, ---------------------------- make such reductions in the Conversion Price, in addition to any those required by Section 4.06 hereof5.6 above, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may Corporation may, at its ---------------------------- option, make such reductions in the Conversion Price, in addition to any those required by Section 4.06 hereof2.5 above, as it determines in its discretion to be advisable in order that ----------- any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible Convertible into or exchangeable for stock made by the Company Corporation to its shareholders stockholders will not be taxable to the recipients thereof.