Common use of Adjustments to Preserve Option Benefits Clause in Contracts

Adjustments to Preserve Option Benefits. If the outstanding shares of the Company's Common Stock are exchanged for a different number or kind of shares or securities of the Company through stock splits, reverse stock splits, stock dividends, recapitalization or other changes in the stock of the Company, an appropriate and proportionate adjustment shall be made in the number and kind of shares issued upon any subsequent exercise of this Option without any change in the aggregate purchase price to be paid for such shares. For any and all such purposes, but only for such purposes, Optionee shall be considered to be a shareholder of record of the Company as of the date of this Option Agreement. Nothing in this Agreement shall preclude the Corporation from issuing additional shares of Common Stock to any third party.

Adjustments to Preserve Option Benefits. If the outstanding shares of the Company's Common Stock are exchanged for a different number or of kind of shares or securities of the Company through stock splits, reverse stock splits, stock dividends, recapitalization re-capitalization or other changes in the stock of the Company, an appropriate and proportionate adjustment shall be made in the number and kind of shares issued upon any subsequent exercise of this Option without any change in the aggregate purchase price to be paid for such shares. For any and all such purposes, but only for such purposes, Optionee shall be considered to be a shareholder of record of the Company as of the date of this Option Agreement. Nothing in this Agreement shall preclude the Corporation from issuing additional shares of Common Stock to any third party.

Adjustments to Preserve Option Benefits. If the outstanding shares of the Company's Common Stock are exchanged for a different number or kind of shares or securities of the Company through stock splits, reverse stock splits, stock dividends, recapitalization re-capitalization or other changes in the stock of the Company, an appropriate and proportionate adjustment shall be made in the number and kind of shares issued upon any subsequent exercise of this Option without any change in the aggregate purchase price to be paid for such shares. For any and all such purposes, but only for such purposes, Optionee shall be considered to be a shareholder of record of the Company as of the date of this Option Agreement. Nothing in this Agreement shall preclude the Corporation from issuing additional shares of Common Stock to any third party.

Adjustments to Preserve Option Benefits. If the outstanding shares of the Company's Common Stock are exchanged for a different number or kind of shares or securities of the Company through stock splits, reverse stock splits, stock dividends, recapitalization re-capitalization or other changes in the stock of the Company, an appropriate and proportionate adjustment shall be made in the number and kind of shares issued upon any subsequent exercise of this Option without any change in the aggregate purchase price to be paid Paid for such shares. For any and all such purposes, but only for such purposes, Optionee shall be considered to be a shareholder of record of the Company as of the date of this Option Agreement. Nothing in this Agreement shall preclude the Corporation from issuing additional shares of Common Stock to any third party.

Adjustments to Preserve Option Benefits. If the outstanding shares of the Company's Common Stock are exchanged for a different number or kind of shares or securities of the Company through stock splits, reverse stock splitsspits, stock dividends, recapitalization or other changes in the stock of the Company, an appropriate and proportionate adjustment shall be made in the number and kind of shares issued upon any subsequent exercise of this Option without any change in the aggregate purchase price to be paid for such shares. For any and all such purposes, but only for such purposes, Optionee shall be considered to be a shareholder of record of the Company as of the date of this Option Agreement. Nothing in this Agreement shall preclude the Corporation from issuing additional shares of Common Stock to any third party.