Common use of ANTI-DILUTION PROVISIONS AND OTHER ADJUSTMENTS Clause in Contracts

ANTI-DILUTION PROVISIONS AND OTHER ADJUSTMENTS. In order to prevent dilution of the right granted hereunder, the Purchase Price shall be subject to adjustment from time to time in accordance with the provisions of the Company's Series B Preferred Stock. If any event occurs as to which, in the opinion of the Board of Directors of the Company, the provisions of the Company's Series B Preferred Stock relating to anti-dilution and other adjustments are not strictly applicable or if strictly applicable would not fairly protect the rights of the holder of this Warrant in accordance with the essential intent and principles of such provisions, then the Board of Directors shall make an adjustment in the application of such provisions, in accordance with such essential intent and principles, so as to protect such rights as aforesaid.