Common use of No Adjustment of Purchase Price in Certain Cases Clause in Contracts

No Adjustment of Purchase Price in Certain Cases. No adjustment of the Purchase Price shall be made: (i) Upon the issuance or sale of the Warrants, the shares issuable upon the exercise of the Warrants; the securities issuable upon the exercise of the Representative's warrants, and the shares of Common Stock issuable upon the exercise of any of them; (ii) If the amount of said adjustment shall be less than two cents (2(cent)) per security, 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 two cents (2(cent)) per security; or (iii) Upon the issuance of shares of Common Stock pursuant to a Bonus Agreement between the Company and Martxx Xxxxxxxx.

No Adjustment of Purchase Price in Certain Cases. No adjustment of the Purchase Price shall be made: (i) Upon the issuance or sale of the Warrants, the shares issuable upon the exercise of the Warrants; the securities issuable upon the exercise of the Representative's warrants, and the shares of Common Stock issuable upon the exercise of any of them; (ii) If the amount of said adjustment shall be less than two cents (2(cent)) per security, 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 two cents (2(cent)) per security; or; (iii) Upon the issuance of shares up to 300,000 Shares of Common Stock pursuant to a Bonus Agreement between under the Company and Martxx XxxxxxxxCompany's Stock Option Plan; or (iv) Upon the issuance of shares Common Stock upon exercise of the 340,000 warrants currently outstanding.

No Adjustment of Purchase Price in Certain Cases. No adjustment ------------------------------------------------ of the Purchase Price shall be made: (ia) Upon the issuance or sale of the Warrants, Warrants or the shares issuable upon Warrant Shares; or (b) Upon the exercise issuance or sale of the Warrants; the securities issuable upon the exercise of the Representative's warrants, and the shares of Common Stock issuable or upon the issuance or exercise of any options, rights or warrants, or upon the conversion or exchange of them;convertible or exchangeable securities; or (iic) If the amount of said adjustment shall be less than two 10 cents (2(cent)) per security, 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 two 10 cents (2(cent)) per security; or (iii) Upon the issuance of shares of Common Stock pursuant to a Bonus Agreement between the Company and Martxx Xxxxxxxxshare.

No Adjustment of Purchase Price in Certain Cases. No adjustment of the Purchase Price shall be made: (i) Upon the issuance or sale of the Warrants, Warrants or the shares issuable upon Warrant Shares; or (ii) Upon the exercise issuance or sale of the Warrants; the securities issuable upon the exercise of the Representative's warrants, and the shares of Common Stock issuable or upon the issuance or exercise of any options, rights or warrants, or upon the conversion or exchange of them;convertible or exchangeable securities; or (iiiii) If the amount of said adjustment shall be less than two 10 cents (2(cent)10c) per security, 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 two 10 cents (2(cent)10c) per security; or (iii) Upon the issuance of shares of Common Stock pursuant to a Bonus Agreement between the Company and Martxx Xxxxxxxxshare.

No Adjustment of Purchase Price in Certain Cases. No adjustment of the Purchase Price shall be made: (i) Upon the issuance or sale of the Warrants, the shares issuable upon the exercise of the Warrants; the securities issuable upon the exercise of the Representative's warrants, and the shares of Common Stock issuable upon the exercise of any of them; (ii) If the amount of said adjustment shall be less than two cents (2(cent2(cents)) per security, 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 two cents (2(cent2(cents)) per security; or (iii) Upon the issuance of shares of Common Stock pursuant to a Bonus Agreement between the Company and Martxx Xxxxxxxx.