Common use of Common Share Reorganization Clause in Contracts

Common Share Reorganization. If during the Exercise Period the Company shall: (i) issue Common Shares or securities exchangeable for or convertible into Common Shares to holders of all or substantially all of its then outstanding Common Shares by way of stock dividend or other distribution (other than as a Dividend Paid in the Ordinary Course or a distribution of Common Shares upon exercise of the Warrants or pursuant to the exercise of directors, officers or employee stock options granted under stock option plans of the Company), or (ii) subdivide, redivide or change its outstanding Common Shares into a greater number of Common Shares, or (iii) consolidate, reduce or combine its outstanding Common Shares into a lesser number of Common Shares, (any of such events in these paragraphs (i), (ii) and (iii) being a “Common Share Reorganization”), then the Exercise Price shall be adjusted as of the effective date or record date, as the case may be, at which the holders of Common Shares are determined for the purpose of the Common Share Reorganization by multiplying the Exercise Price in effect immediately prior to such effective date or record date by a fraction, the numerator of which shall be the number of Common Shares outstanding on such effective date or record date before giving effect to such Common Share Reorganization and the denominator of which shall be the number of Common Shares outstanding as of the effective date or record date, as the case may be, after giving effect to such Common Share Reorganization (including, in the case where securities exchangeable for or convertible into Common Shares are distributed, the number of Common Shares that would have been outstanding had such securities been fully exchanged for or converted into Common Shares on such record date or effective date, as the case may be). From and after any adjustment of the Exercise Price pursuant to this subsection 5.1(a), the number of Common Shares purchasable pursuant to this Warrant Certificate shall be adjusted contemporaneously with the adjustment of the Exercise Price by multiplying the number of Common Shares then otherwise purchasable on the exercise thereof by a fraction, the numerator of which shall be the Exercise Price in effect immediately prior to the adjustment and the denominator of which shall be the Exercise Price resulting from such adjustment.

Common Share Reorganization. If during the Exercise Period the Company Corporation shall: (i) issue Common Shares or securities exchangeable for or convertible into Common Shares to holders of all or substantially all of its then outstanding the holders of the Common Shares by way of stock dividend or other distribution (other than as a Dividend Dividends Paid in the Ordinary Course or a distribution of Common Shares upon exercise of the Warrants or pursuant to the exercise of directors, officers or employee stock options granted under stock option plans of the CompanyCourse), or; (ii) subdivide, redivide or change its outstanding Common Shares into a greater number of Common Shares, ; or (iii) consolidate, reduce or combine its outstanding Common Shares into a lesser number of Common Shares, (any of such events in these paragraphs (isubsections 5.2(a)(i), (ii) and (iii) being called a “Common Share Reorganization”), then the Exercise Price shall be adjusted as of the effective date or record datedate of such stock dividend or other distribution, as the case may be, at which the holders of Common Shares are determined for the purpose of the Common Share Reorganization by multiplying the Exercise Price in effect immediately prior to such effective date or record date by a fraction, the numerator of which shall be the number of Common Shares outstanding on such effective date or record date before giving effect to such Common Share Reorganization and the denominator of which shall be the number of Common Shares outstanding as of the effective date or record date, as the case may be, date after giving effect to such Common Share Reorganization (including, in the case where securities exchangeable for or convertible into Common Shares are distributed, the number of Common Shares that would have been outstanding had such securities been fully exchanged for or converted into Common Shares on such record date or effective date, as the case may be). From and after any If during the Exercise Period a Common Share Reorganization shall occur which results in an adjustment of in the Exercise Price pursuant to the provisions of this subsection 5.1(a5.2(a), the number of Common Shares purchasable pursuant to this each Warrant Certificate shall be adjusted contemporaneously with the adjustment of the Exercise Price by multiplying the number of Common Shares then otherwise theretofore purchasable on the exercise thereof by a fraction, the numerator of which shall be the Exercise Price in effect immediately prior to the such adjustment and the denominator of which shall be the Exercise Price resulting from such adjustment.

Common Share Reorganization. If during the Exercise Period the Company Corporation shall: (i) issue Common Shares or securities exchangeable for or convertible into Common Shares to holders of all or substantially all of its then outstanding the holders of the Common Shares by way of stock dividend or other distribution (other than as a Dividend Paid in the Ordinary Course or a distribution of Common Shares upon exercise of the Warrants or pursuant to the exercise of directors, officers or employee stock options granted under stock option plans of the CompanyWarrants), or; (ii) subdivide, redivide or change its outstanding Common Shares into a greater number of Common Shares, ; or (iii) consolidate, reduce or combine its outstanding Common Shares into a lesser number of Common Shares, (any of such events in these paragraphs (isubsections 5.2(a)(i), (ii) and (iii) being called a “Common Share Reorganization”), then the Exercise Price shall be adjusted as of the effective date or record datedate of such stock dividend or other distribution, as the case may be, at which the holders of Common Shares are determined for the purpose of the Common Share Reorganization by multiplying the Exercise Price in effect immediately prior to such effective date or record date by a fraction, the numerator of which shall be the number of Common Shares outstanding on such effective date or record date before giving effect to such Common Share Reorganization and the denominator of which shall be the number of Common Shares outstanding as of the effective date or record date, as the case may be, date after giving effect to such Common Share Reorganization (including, in the case where securities exchangeable for or convertible into Common Shares are distributed, the number of Common Shares that would have been outstanding had such securities been fully exchanged for or converted into Common Shares on such record date or effective date, as the case may be). From and after any If during the Exercise Period a Common Share Reorganization shall occur which results in an adjustment of in the Exercise Price pursuant to the provisions of this subsection 5.1(a5.2(a), the number of Common Shares purchasable pursuant to this each Warrant Certificate shall be adjusted contemporaneously with the adjustment of the Exercise Price by multiplying the number of Common Shares then otherwise theretofore purchasable on the exercise thereof by a fraction, the numerator of which shall be the Exercise Price in effect immediately prior to the such adjustment and the denominator of which shall be the Exercise Price resulting from such adjustment.

Common Share Reorganization. If during the Exercise Period the Company shall: (i) issue Common Shares or securities exchangeable for or convertible into Common Shares to holders of all or substantially all of its then outstanding Common Shares by way of stock dividend or other distribution (other than as a Dividend Paid in the Ordinary Course or a distribution of Common Shares upon exercise of the Warrants or pursuant to the exercise of directors, officers or employee stock options by Directors, officers, employees, consultants or other service providers granted under stock option plans of the Company), or, (ii) subdivide, redivide or change its outstanding Common Shares into a greater number of Common Shares, or (iii) consolidate, reduce or combine its outstanding Common Shares into a lesser number of Common Shares, (any of such events in these paragraphs (i), (ii) and (iii) being a “Common Share Reorganization”), then the Exercise Price shall be adjusted as of the effective date or record date, as the case may be, at which the holders of Common Shares are determined for the purpose of the Common Share Reorganization by multiplying the Exercise Price in effect immediately prior to such effective date or record date by a fraction, the numerator of which shall be the number of Common Shares outstanding on such effective date or record date before giving effect to such Common Share Reorganization and the denominator of which shall be the number of Common Shares outstanding as of the effective date or record date, as the case may be, after giving effect to such Common Share Reorganization (including, in the case where securities exchangeable for or convertible into Common Shares are distributed, the number of Common Shares that would have been outstanding had such securities been fully exchanged for or converted into Common Shares on such record date or effective date, as the case may be). From and after any adjustment of the Exercise Price pursuant to this subsection 5.1(a), the number of Common Shares purchasable pursuant to this Warrant Certificate Indenture shall be adjusted contemporaneously with the adjustment of the Exercise Price by multiplying the number of Common Shares then otherwise purchasable on the exercise thereof by a fraction, the numerator of which shall be the Exercise Price in effect immediately prior to the adjustment and the denominator of which shall be the Exercise Price resulting from such adjustment.

Common Share Reorganization. If during and whenever at any time after the Exercise Period date hereof and prior to the Company shall: Expiry Time the Corporation shall (i) subdivide, redivide or change its then outstanding Common Shares into a greater number of Common Shares, (ii) reduce, combine or consolidate its then outstanding Common Shares into a lesser number of Common Shares or (iii) issue Common Shares (or securities exchangeable for or convertible into Common Shares Shares) to the holders of all or substantially all of its then outstanding Common Shares by way of a stock dividend or other distribution (other than as a Dividend Paid in the Ordinary Course or a distribution of Common Shares upon exercise of the Warrants or pursuant to the exercise of directors, officers or employee stock options granted under stock option plans of the Company), or (ii) subdivide, redivide or change its outstanding Common Shares into a greater number of Common Shares, or (iii) consolidate, reduce or combine its outstanding Common Shares into a lesser number of Common Shares, (any of such events in these paragraphs (i), (ii) and (iii) being herein called a “"Common Share Reorganization”"), then the Exercise Price shall be adjusted effective immediately after the record date established in connection with any such event or, in the event that no such record date has been established, immediately after the effective date of any such event, as of the case may be, by multiplying the then applicable Exercise Price in effect on such effective date or record date, as the case may be, at which the holders of Common Shares are determined for the purpose of the Common Share Reorganization by multiplying the Exercise Price in effect immediately prior to such effective date or record date by a fraction, the numerator of which shall be the number of Common Shares outstanding on such effective date or record date date, as the case may be, before giving effect to such Common Share Reorganization and the denominator of which shall be the number of Common Shares outstanding as of the effective date or record date, as the case may be, immediately after giving effect to such Common Share Reorganization (including, in the case where securities exchangeable for or convertible into Common Shares are distributed, the number of additional Common Shares that would have been be outstanding had if such securities been fully were exchanged for or converted into Common Shares on after giving effect to such record date or effective date, as Common Share Reorganization. To the case may be). From and after extent that any adjustment of in the Exercise Price occurs pursuant to this subsection 5.1(a)Subsection y4.7(b) as a result of the fixing by the Corporation of a record date for the distribution of securities exchangeable for or convertible into Common Shares, the Exercise Price will be readjusted immediately after the expiry of any relevant exchange or conversion right to the Exercise Price that would then be in effect based upon the number of Common Shares purchasable pursuant to this Warrant Certificate shall actually issued and remaining issuable after such expiry and will be adjusted contemporaneously with further readjusted in such manner upon the adjustment expiry of the Exercise Price by multiplying the number of Common Shares then otherwise purchasable on the exercise thereof by a fraction, the numerator of which shall be the Exercise Price in effect immediately prior to the adjustment and the denominator of which shall be the Exercise Price resulting from any further such adjustmentrights.

Common Share Reorganization. If during the Exercise Period the Company shall: (i) : issue Common Shares or securities exchangeable for or convertible into Common Shares to holders of all or substantially all of its then outstanding Common Shares by way of stock dividend or other distribution (other than as a Dividend Paid in the Ordinary Course or a distribution of Common Shares upon exercise of the Warrants or pursuant to the exercise of directors, officers or employee stock options granted under stock option plans of the Company), or (ii) or subdivide, redivide or change its outstanding Common Shares into a greater number of Common Shares, or (iii) or consolidate, reduce or combine its outstanding Common Shares into a lesser number of Common Shares, (any of such events in these paragraphs (i), (ii) and (iii) being a “"Common Share Reorganization”"), then the Exercise Price shall be adjusted as of the effective date or record date, as the case may be, at which the holders of Common Shares are determined for the purpose of the Common Share Reorganization by multiplying the Exercise Price in effect immediately prior to such effective date or record date by a fraction, the numerator of which shall be the number of Common Shares outstanding on such effective date or record date before giving effect to such Common Share Reorganization and the denominator of which shall be the number of Common Shares outstanding as of the effective date or record date, as the case may be, after giving effect to such Common Share Reorganization (including, in the case where securities exchangeable for or convertible into Common Shares are distributed, the number of Common Shares that would have been outstanding had such securities been fully exchanged for or converted into Common Shares on such record date or effective date, as the case may be). From and after any adjustment of the Exercise Price pursuant to this subsection 5.1(a), the number of Common Shares purchasable pursuant to this Warrant Certificate upon exercise of the Warrants shall be adjusted contemporaneously with the adjustment of the Exercise Price by multiplying the number of Common Shares then otherwise purchasable on the exercise thereof by a fraction, the numerator of which shall be the Exercise Price in effect immediately prior to the adjustment and the denominator of which shall be the Exercise Price resulting from such adjustment.