Common use of No Adjustment for Exercise of Certain Options, Warrants, Etc Clause in Contracts

No Adjustment for Exercise of Certain Options, Warrants, Etc. The provisions of this Section 11 shall not apply to any Common Stock issued, issuable or deemed outstanding under Sections 11(a)(1) through (9): (i) to any person pursuant to any stock option, stock purchase or similar plan or arrangement for the benefit of employees, consultants or directors of the Company or its subsidiaries in any amount approved by the Board of Directors, or (ii) pursuant to options, warrants and conversion rights in existence on the date of issuance of this Warrant.