Common use of Adjustments of Number of Shares Clause in Contracts

Adjustments of Number of Shares. The number of shares of Common Stock that the holder of any Warrants shall be entitled to receive upon each exercise thereof shall be determined by multiplying: (a) the number of shares of Common Stock that would otherwise (but for the provisions of this Section 9) be issuable upon such exercise, as designated by the holder hereof pursuant to Section 5; by (b) a fraction of which the numerator is $2.77 and the denominator is the Exercise Price in effect on the date of such exercise; provided, however that no adjustment pursuant to this Section 9 shall occur as a result of (i) shares of Common Stock issued upon the exercise of other Warrants or (ii) shares of Common Stock issued upon the exercise of outstanding options and warrants granted prior to the date hereof and which are described in the Registration Statement (collectively, the "Excluded Issuances").

Adjustments of Number of Shares. The number of shares of Common Stock that the holder of any Warrants shall be entitled to receive upon each exercise thereof shall be determined by multiplying: (a) the number of shares of Common Stock that would otherwise (but for the provisions of this Section 9) be issuable upon such exercise, as designated by the holder hereof pursuant to Section 5; by (b) a fraction of which the numerator is $2.77 0.0001 and the denominator is the Exercise Price in effect on the date of such exercise; provided, however that no adjustment pursuant to this Section 9 shall occur as a result of (i) shares of Common Stock issued upon the exercise of other Warrants or (ii) shares of Common Stock issued upon the exercise of outstanding options and warrants granted prior to the date hereof and which are described in the Registration Statement (collectively, the "Excluded Issuances").

Adjustments of Number of Shares. The number of shares of Common Stock that the holder of any Warrants shall be entitled to receive upon each exercise thereof shall be determined by multiplying: (a) the number of shares of Common Stock that would otherwise (but for the provisions of this Section 9) be issuable upon such exercise, as designated by the holder hereof pursuant to Section 5; by (b) a fraction of which the numerator is $2.77 0.55 and the denominator is the Exercise Price in effect on the date of such exercise; provided, however that no adjustment pursuant to this Section 9 shall occur as a result of (i) shares of Common Stock issued upon the exercise of other Warrants or (ii) shares of Common Stock issued upon the exercise of outstanding options and warrants granted prior to the date hereof and which are described in the Registration Statement (collectively, the "Excluded Issuances").

Adjustments of Number of Shares. The number of shares of Common Stock that the holder of any Warrants shall be entitled to receive upon each exercise thereof shall be determined by multiplying: (a) the number of shares of Common Stock that would otherwise (but for the provisions of this Section 9) be issuable upon such exercise, as designated by the holder hereof pursuant to Section 5; by (b) a fraction of which the numerator is $2.77 the Market Price and the denominator is the Exercise Price in effect on the date of such exercise; provided, however that no adjustment pursuant to this Section 9 shall occur as a result of (i) shares of Common Stock issued upon the exercise of other Warrants or (ii) shares of Common Stock issued upon the exercise of outstanding options and warrants granted prior to the date hereof and which are described in the Registration Statement (collectively, the "Excluded Issuances").

Adjustments of Number of Shares. The number of shares of Common Stock that the holder of any Warrants shall be entitled to receive upon each exercise thereof shall be determined by multiplying: (a) the number of shares of Common Stock that would otherwise (but for the provisions of this Section 9) 8) be issuable upon such exercise, as designated by the holder hereof pursuant to Section 54; by (b) a fraction of which the numerator is $2.77 12.00 and the denominator is the Exercise Price in effect on the date of such exercise; provided, however that no adjustment pursuant to this Section 9 8 shall occur as a result of (i) shares of Common Stock issued upon the exercise of other Warrants or (ii) shares of Common Stock issued upon the exercise of outstanding options and warrants granted prior to the date hereof and which are described in the Registration Statement (collectively, the "Excluded Issuances").