Common use of Adjustments Upon Changes in Capitalization Clause in Contracts

Adjustments Upon Changes in Capitalization. In the event of changes in the outstanding Common Stock of the Company by reason of stock dividends, stock splits, recapitalizations, mergers, consolidations, combinations, exchanges of shares, separations, reorganization or liquidations, the number of Shares issuable upon the exercise of the Options, the exercise price thereof and any limitation on exercise set forth in Section 3 hereof shall be correspondingly adjusted by the Company. Any such adjustment in the number of Shares shall apply proportionately to only the then unexercised portion of the Options. If fractional shares would result from any such adjustment, the adjustment shall be revised to the next lower whole number of shares.

Adjustments Upon Changes in Capitalization. In the event of changes in the outstanding Common Stock of the Company by reason of stock dividends, stock splitssplit-up, recapitalizations, mergers, consolidations, combinations, exchanges of shares, separationsseparation, reorganization reorganizations, or liquidations, the number of Shares shares of Stock issuable upon the exercise of the Optionsthis Option, the exercise option price thereof and any limitation on exercise set forth in Section 3 hereof shall be correspondingly adjusted by the Company. Any such adjustment in the number of Shares shares of Stock shall apply proportionately to only the then unexercised portion of the Optionsthis Option. If fractional shares would result from any such adjustment, the adjustment shall be revised to the next lower whole number of shares.

Adjustments Upon Changes in Capitalization. In the event of changes in the outstanding Common Stock of the Company by reason of stock dividends, stock splits, recapitalizations, mergers, consolidations, combinations, exchanges of shares, separations, reorganization reorganization, or liquidations, the number of Shares issuable upon the exercise of the OptionsOption, and the exercise price thereof and any limitation on exercise set forth in Section Paragraph 3 hereof shall be correspondingly adjusted by the CompanyCompany in accordance with the provisions of Section 9 of the Plan. Any such adjustment in the number of Shares shall apply proportionately to only the then unexercised portion of the OptionsOption. If fractional shares would result from any such adjustment, the adjustment shall be revised to the next lower whole number of shares.

Adjustments Upon Changes in Capitalization. In the event of changes in the outstanding Common Stock of or the Company by reason of stock dividends, stock splitssplit-ups, recapitalizations, mergers, consolidations, combinations, exchanges of or shares, separations, reorganization reorganizations, or liquidations, the number of Shares issuable upon the exercise of the Optionsthis Option, the exercise option price thereof and any limitation on exercise set forth in Section 3 hereof shall be correspondingly adjusted by the Company. Any such adjustment in the number of Shares shall apply proportionately to only the then unexercised portion of the Optionsthis Option. If fractional shares Shares would result from any such adjustment, the adjustment shall be revised to the next lower whole number of sharesShares.