Common use of Further Equitable Adjustments Clause in Contracts

Further Equitable Adjustments. If, after one or more adjustments to the Exercise Price pursuant to this Section 11, the Exercise Price cannot be reduced further without falling below the greater of (i) $0.01 or (ii) the lowest positive 731158.6 13 exercise price legally permissible for warrants to acquire shares of Common Stock, the Company shall make further adjustments to compensate the Holder, consistent with the foregoing principles, as the Board of Directors, acting in good faith, deems necessary, including an increase in the number of Warrant Shares issuable upon exercise of outstanding Warrants and/or a cash payment to the Holders.

Further Equitable Adjustments. If, after one or more adjustments to the Exercise Price pursuant to this Section 115.1, the Exercise Price cannot be reduced further without falling below the greater of (i) $0.01 or (ii) the lowest positive 731158.6 13 exercise price legally permissible for warrants to acquire shares of Common Stockcommon stock, the Company shall make further adjustments to compensate the HolderHolders, consistent with the foregoing principles, as the Board of DirectorsDirectors of the Company, acting in good faith, deems necessary, including an an, increase in the number of Warrant Shares issuable upon exercise of outstanding Warrants and/or a cash payment to the Holders.

Further Equitable Adjustments. If, after one or more adjustments to the applicable Exercise Price pursuant to this Section 11, the applicable Exercise Price cannot be reduced further without falling below the greater of (i) $0.01 or (ii) the lowest positive 731158.6 13 exercise price legally permissible for warrants to acquire shares of Common Preferred Stock, the Company shall make further adjustments to compensate the Holder, consistent with the foregoing principles, as the Board of Directors, acting in good faith, deems necessary, including an increase in the number of Warrant Shares issuable upon exercise of outstanding Warrants and/or a cash payment to the Holders.

Further Equitable Adjustments. If, after one or more adjustments to the Exercise Price pursuant to this Section 11, the Exercise Price cannot be reduced further without falling below the greater of (i) $0.01 .01 or (ii) the lowest positive 731158.6 13 exercise price legally permissible for warrants to acquire shares of Common Stock, the Company shall make further adjustments to compensate the Holder, consistent with the foregoing principles, as the Board of Directors, acting in good faith, deems necessary, including an increase in the number of Warrant Shares issuable upon exercise of outstanding Warrants and/or a cash payment to the Holders.

Further Equitable Adjustments. If, after one or more adjustments to the Exercise Price pursuant to this Section 115.1, the Exercise Price cannot be reduced further without falling below the greater of (i) $0.01 or (ii) the lowest positive 731158.6 13 exercise price legally permissible for warrants to acquire shares of Common Stockcommon stock, the Company shall make further adjustments to compensate the HolderHolders, consistent with the foregoing principles, as the Board of DirectorsDirectors of the Company, acting in good faith, deems necessary, including an increase in the number of Warrant Shares issuable upon exercise of outstanding Warrants and/or a cash payment to the Holders.