Common use of Expiration of Rights, Options and Conversion Privileges Clause in Contracts

Expiration of Rights, Options and Conversion Privileges. Upon the -------------------------------------------------------- expiration of any rights, options, warrants or conversion or exchange privileges that have previously resulted in an adjustment hereunder, if any thereof shall not have been exercised, the number of shares of Common Stock issuable upon the exercise of each Warrant shall, upon such expiration, be readjusted and shall thereafter, upon any future exercise, be such as they would have been had they been originally adjusted (or had the original adjustment not been required, as the case may be) as if (i) the only shares of Common Stock so issued were the shares of Common Stock, if any, actually issued or sold upon the exercise of such rights, options, warrants or conversion or exchange rights and (ii) such shares of Common Stock, if any, were issued or sold for the consideration actually received by the Bank upon such exercise plus the consideration, if any, actually received by the Bank (before consideration of underwriting documents and placement fees) for issuance, sale or grant of all such rights, options, warrants or conversion or exchange rights whether or not exercised; provided, further, that no such readjustment shall have provided, -------- ------- further, that no such readjustment shall have the effect of decreasing the number of share issuable upon exercise of each Warrant by a number, in excess of the number of the adjustment initially made in respect to the issuance, sale or grant of such rights, options, warrants or conversion or exchange rights.

Expiration of Rights, Options and Conversion Privileges. Upon the -------------------------------------------------------- ------------------------------------------------------- expiration of any rights, options, warrants or conversion or exchange privileges that have previously resulted in an adjustment hereunder, if any thereof shall not have been exercised, the number of shares of Common Stock issuable upon the exercise of each Warrant shall, upon such expiration, be readjusted and shall thereafter, upon any future exercise, be such as they would have been had they been originally adjusted (or had the original adjustment not been required, as the case may be) as if (i) the only shares of Common Stock so issued were the shares of Common Stock, if any, actually issued or sold upon the exercise of such rights, options, warrants or conversion or exchange rights and (ii) such shares of Common Stock, if any, were issued or sold for the consideration actually received by the Bank Company upon such exercise plus the consideration, if any, actually received by the Bank (before consideration of underwriting documents and placement fees) Company for issuance, sale or grant of all such rights, options, warrants or conversion or exchange rights whether or not exercised; provided, further, that no such readjustment shall have provided, -------- ------- further, that no such readjustment shall have the effect of -------- ------- decreasing the number of share shares issuable upon exercise of each Warrant by a number, number in excess of the number of the adjustment initially made in respect to the issuance, sale or grant of such rights, options, warrants or conversion or exchange rights.

Expiration of Rights, Options and Conversion Privileges. Upon the -------------------------------------------------------- ------------------------------------------------------- expiration of any rights, options, warrants or conversion or exchange privileges that have previously resulted in an adjustment hereunder, if any thereof shall not have been exercised, the number of shares of Common Stock issuable upon the exercise of each Warrant shall, upon such expiration, be readjusted and shall thereafter, upon any future exercise, be such as they would have been had they been originally adjusted (or had the original adjustment not been required, as the case may be) as if (i) the only shares of Common Stock so issued were the shares of Common Stock, if any, actually issued or sold upon the exercise of such rights, options, warrants or conversion or exchange rights and (ii) such shares of Common Stock, if any, were issued or sold for the consideration actually received by the Bank upon such exercise plus the consideration, if any, actually received by the Bank (before consideration of underwriting documents and placement fees) for issuance, sale or grant of all such rights, options, warrants or conversion or exchange rights whether or not exercised; provided, further, that no such readjustment shall have provided, -------- ------- further, that no such readjustment shall have the effect of -------- ------- decreasing the number of share shares issuable upon exercise of each Warrant by a number, in excess of the number of the adjustment initially made in respect to the issuance, sale or grant of such rights, options, warrants or conversion or exchange rights.

Expiration of Rights, Options and Conversion Privileges. Upon the -------------------------------------------------------- expiration of any rights, options, warrants or conversion or exchange privileges that have previously resulted in an adjustment hereunder, if any thereof shall not have been exercised, the Exercise Price and the number of shares of Common Stock issuable upon the exercise of each Warrant shall, upon such expiration, be readjusted and shall thereafter, upon any future exercise, be such as they would have been had they been originally adjusted (or had the original adjustment not been required, as the case may be) as if (i) the only shares of Common Stock so issued were the shares of Common Stock, if any, actually issued or sold upon the exercise of such rights, options, warrants or conversion or exchange rights and (ii) such shares of Common Stock, if any, were issued or sold for the consideration actually received by the Bank Company upon such exercise plus the consideration, if any, actually received by the Bank (before consideration of underwriting documents and placement fees) Company for issuance, sale or grant of all such rights, options, warrants or conversion or exchange rights whether or not exercised; provided, further, that no such readjustment shall have provided, -------- ------- further, that no such readjustment shall have the effect of increasing the Exercise Price by an amount, or decreasing the number of share shares issuable upon exercise of each Warrant by a number, in excess of the amount or number of the adjustment initially made in respect to the issuance, sale or grant of such rights, options, warrants warrant or conversion or exchange rights.

Expiration of Rights, Options and Conversion Privileges. Upon the -------------------------------------------------------- expiration of any rights, options, warrants or conversion or exchange privileges that have previously resulted in privileges, the issuance of which caused an adjustment hereunderpursuant to Section 4(A)(4) hereof, if any thereof shall not have been exercised, the Exercise Price and the number of shares of Common Stock issuable purchasable upon the exercise of each Warrant shall, upon such expiration, be readjusted and shall thereafter, upon any future exercise, be such as they would have been had they been originally adjusted (or had the original adjustment not been required, as the case may be) as if (iA) the only shares of Common Stock so issued were the shares of Common Stock, if any, actually issued or sold upon the exercise of such rights, options, warrants or conversion or exchange rights and (iiB) such shares of Common Stock, if any, were issued or sold for the consideration actually received by the Bank Issuer upon such exercise plus the consideration, if any, actually received by the Bank (before consideration of underwriting documents and placement fees) Issuer for issuance, sale or grant of all such rights, options, warrants or conversion or exchange rights whether or not exercised; provided, further, that no such readjustment shall have provided, -------- ------- further, that no such readjustment shall have the effect of increasing the Exercise Price by an amount, or decreasing the number of share issuable shares purchasable upon exercise of each Warrant by a number, in excess of the amount or number of the adjustment initially made in respect to the issuance, sale or grant of such rights, options, warrants or conversion or exchange rights.