Common use of Minimum Adjustment of Exercise Price Clause in Contracts

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount less than $.10 per share in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than $.10 per share. In case at any time the Company shall issue Capital Stock by way of dividend on Capital Stock or subdivide or combine the outstanding shares of Capital Stock, said amount of $.10 per share (as theretofore increased or decreased, if the said amount shall have been adjusted in accordance with the provisions of this Paragraph 4(g)) shall forthwith be proportionately increased in the case of such a combination or decreased in the case of such a subdivision or stock dividend so as appropriately to reflect the same.

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount less than $.10 .05 per share in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than $.10 .05 per share. In case at any time the Company shall issue Capital Stock capital stock by way of dividend on Capital Stock capital stock or subdivide or combine the outstanding shares of Capital Stockcapital stock, said amount of $.10 .05 per share (as theretofore increased or decreased, if the said amount shall have been adjusted in accordance with the provisions of this Paragraph 4(g)Section 2.7) shall forthwith be proportionately increased in the case of such a combination or decreased in the case of such a subdivision or stock dividend so as appropriately to reflect the same.

Minimum Adjustment of Exercise Price. No adjustment of the Exercise Price shall be made in an amount less than $.10 per share in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to not less than $.10 per share. In case at any time the Company shall issue Capital Stock by way of dividend on Capital Stock or subdivide or combine the outstanding shares of Capital Stock, said amount of $.10 per share (as theretofore increased or decreased, if the said amount shall have been adjusted in accordance with the provisions of this Paragraph 4(g)) shall forthwith be proportionately increased in the case of such a combination or decreased in the case of such a subdivision or stock dividend so as appropriately to reflect the same.