Common use of No Adjustment of Exercise Prices in Certain Cases Clause in Contracts

No Adjustment of Exercise Prices in Certain Cases. No adjustment of the Exercise Prices shall be made: (1) Upon the issuance or sale of (i) the Warrants or the Warrant Shares; (ii) the shares of Common Stock pursuant to the Public Offering; or (iii) the shares of Common Stock issuable upon the exercise of the options or warrants outstanding or in effect on the date hereof as described in the prospectus relating to the Public Offering. (2) If the amount of said adjustments shall be less than five ($.05) cents per Share, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least five ($.05) cents per Share.

No Adjustment of Exercise Prices in Certain Cases. No adjustment of the Exercise Prices shall be made: (1) Upon the issuance or sale of (i) the Warrants or the Warrant SharesUnits; (ii) the shares of Common Stock pursuant to the Public Offering; or (iii) the shares of Common Stock issuable upon the exercise of the options or warrants outstanding or in effect on the date hereof as described in the prospectus relating to the Public Offering. (2) If the amount of said adjustments shall be less than five ($.05) cents per ShareUnit, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least five ($.05) cents per Share.

No Adjustment of Exercise Prices in Certain Cases. No adjustment of the Exercise Prices Price shall be made: (1) Upon the issuance or sale of (i) the Warrants or the Warrant Shares; (ii) the shares of Common Stock pursuant to the Initial Public Offering; or (iii) the shares of Common Stock issuable upon the exercise of the options options, warrants, stock purchase agreements and convertible or warrants exchangeable securities outstanding or in effect on the date hereof as described in the prospectus relating to the Initial Public Offering. (2) If the amount of said adjustments shall be less than five one ($.05.01) cents cent per Share, provided, however, that in such case any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least five one ($.05.01) cents cent per Share.

No Adjustment of Exercise Prices in Certain Cases. No adjustment of the Exercise Prices shall be made: (1i) Upon the issuance or sale of (i) the Warrants or the Warrant Shares; (ii) the shares of Common Stock pursuant to the Public Offering; or (iii) the shares of Common Stock issuable upon the exercise of (i) this Warrant, (ii) options granted under any stock option plan or (iii) options granted to officers and directors of the options or warrants outstanding or in effect on the date hereof as described in the prospectus relating to the Public Offering.Company; or (2ii) If the amount of said adjustments adjustment shall be less than five two cents ($.05.02) cents per Shareshare of Common Stock, provided, however, that in such case case, any adjustment that would otherwise be required then to be made shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to at least five two cents ($.05.02) cents per Shareshare of Common Stock.