Common use of Capital Reorganization Clause in Contracts

Capital Reorganization. If the Corporation shall at any time hereafter subdivide or combine its outstanding shares of Common Stock, declare a dividend payable in Common Stock, or in case of any capital reorganization or reclassification of the shares of Common Stock of the Corporation, the number of shares of the Series A Preferred Stock and the Stated Value of the Series A Preferred Stock shall be adjusted appropriately to allow the holders of the Series A Preferred Stock, as nearly as reasonably possible, to maintain (i) the aggregate Stated Value of the Series A Preferred Stock and (ii) their pro rata interest in the Corporation and in the Common Stock upon conversion of the Series A Preferred Stock, that each holder had prior to any such subdivision, combination, stock dividend, reorganization or reclassification.

Capital Reorganization. If the Corporation shall at any time hereafter subdivide or combine its outstanding shares of Common Stock, declare a dividend payable in Common Stock, or in case of any capital reorganization or reclassification of the shares of Common Stock of the Corporation, the number of shares of the Series A C Preferred Stock and the Stated Value stated value of the Series A C Preferred Stock shall be adjusted appropriately to allow the holders of the Series A C Preferred Stock, as nearly as reasonably possible, to maintain (i) the aggregate Stated Value stated value of the Series A C Preferred Stock and (ii) their pro rata interest in the Corporation and in the Common Stock upon conversion of the Series A C Preferred Stock, that each holder had prior to any such subdivision, combination, stock dividend, reorganization or reclassification.

Capital Reorganization. If the Corporation shall at any time hereafter subdivide or combine its outstanding shares of Common Stock, declare a dividend payable in Common Stock, or in case of any capital reorganization or reclassification of the shares of Common Stock of the Corporation, the number of shares of the Series A C Preferred Stock and the Stated Value of the Series A C Preferred Stock shall be adjusted appropriately to allow the holders of the Series A C Preferred Stock, as nearly as reasonably possible, to maintain (i) the aggregate Stated Value of the Series A C Preferred Stock and (ii) their pro rata interest in the Corporation and in the Common Stock upon conversion of the Series A C Preferred Stock, that each holder had prior to any such subdivision, combination, stock dividend, reorganization or reclassification.

Capital Reorganization. If the Corporation shall at any time hereafter subdivide or combine its outstanding shares of Common Stock, declare a dividend payable in Common Stock, or in case of any capital reorganization or reclassification of the shares of Common Stock of the Corporation, the number of shares of the Series A Preferred Stock and the Stated Value of the Series A Preferred Stock shall be adjusted appropriately to allow the holders of the Series A Preferred Stock, as nearly as reasonably possible, to maintain (i) the aggregate Stated Sated Value of the Series A Preferred Stock and (ii) their pro rata interest in the Corporation and in the Common Stock upon conversion of the Series A Preferred Stock, that each holder had prior to any such subdivision, combination, stock dividend, reorganization or reclassification.