Common use of Options, Rights, Warrants and Convertible and Exchangeable Securities Clause in Contracts

Options, Rights, Warrants and Convertible and Exchangeable Securities. In case the Company shall at any time after the date hereof grant or issue options, rights or warrants to subscribe for shares of Common Stock, or issue any securities convertible into or exchangeable for shares of Common Stock (other than pursuant to employee stock option plans), where the aggregate consideration per share is less than the Exercise Price in effect immediately prior to the issuance of such options, rights or warrants, or such convertible or exchangeable securities, the Exercise Price in effect immediately prior to the issuance of such options, rights or warrants, or such convertible or exchangeable securities, as the case may be, shall be reduced to a price determined by making a computation in accordance with the provisions of Section 6.1 hereof, provided that:

Options, Rights, Warrants and Convertible and Exchangeable Securities. In case the Company shall at any time after the date hereof grant or issue options, rights or warrants to subscribe for shares of Common Series A Preferred Stock, or issue any securities convertible into or exchangeable for shares of Common Stock (other than pursuant to employee stock option plans)Series A Preferred Stock, where the aggregate consideration per share of Series A Preferred Stock is less than the Exercise Price in effect immediately prior to the issuance of such options, rights or warrants, or such convertible or exchangeable securities, the Exercise Price in effect immediately prior to the issuance of such options, rights or warrants, or such convertible or exchangeable securities, as the case may be, shall be reduced to a price determined by making a computation in accordance with the provisions of Section 6.1 6.2 hereof, provided that:

Options, Rights, Warrants and Convertible and Exchangeable Securities. In case the Company Issuer shall at any time after the date hereof grant or issue options, rights or warrants to subscribe for shares of Common Stock, or issue any securities convertible into or exchangeable for shares of Common Stock (other than pursuant to employee stock option plans)Stock, where the aggregate for a consideration per share is less than the Exercise Price in effect or the Market Price immediately prior to the issuance of such options, rights or warrants, or such convertible or exchangeable securities, or without consideration, the Exercise Price in effect immediately prior to the issuance of such options, rights or warrantswarrant, or such convertible or exchangeable securities, as the case may be, shall be reduced to a price determined by making a computation in accordance with the provisions of Section 6.1 8.1 hereof, provided that:

Options, Rights, Warrants and Convertible and Exchangeable Securities. In case the Company shall at any time after the date hereof grant or issue options, rights or warrants to subscribe for shares of Common Stock, or issue any securities convertible into or exchangeable for shares of Common Stock (other than pursuant to employee stock option plans)Stock, where the aggregate for a consideration per share is less than the lowest Exercise Price in effect immediately prior to the issuance of such options, rights or warrants, or such convertible or exchangeable securities, the or without consideration, each Exercise Price in effect immediately prior to the issuance of such options, rights or warrants, or such convertible or exchangeable securities, as the case may be, shall be reduced to a price determined by making a computation in accordance with the provisions of Section 6.1 hereof, provided that:

Options, Rights, Warrants and Convertible and Exchangeable Securities. In case the Company shall at any time after the date hereof grant or issue options, rights or warrants to purchase or subscribe for for, or exercisable for, shares of Common Stock, or issue any securities convertible into or exchangeable for shares of Common Stock (other than pursuant to employee stock option plans)Stock, where the aggregate for a consideration per share is less than the Market Price for Common Stock immediately prior to the issuance of such options, rights, warrants or convertible or exchangeable securities, or without consideration, the Common Stock Exercise Price in effect immediately prior to the issuance of such options, rights rights, warrants or warrants, or such convertible or exchangeable securities, the Exercise Price in effect immediately prior to the issuance of such options, rights or warrants, or such convertible or exchangeable securities, as the case may be, shall be reduced to a price determined by making a computation in accordance with the provisions of Section 6.1 8.1 hereof, provided that: