Common use of Other Kinds of Reorganization Clause in Contracts

Other Kinds of Reorganization. If at any time as from the Issue Date the Company resolves: (i) to merge with or into another company in order to form a new company; (ii) to allocate a portion of its assets to merge it with one or more companies, or (iii) to dissolve itself without liquidation in order to allocate all its assets to form other new companies (a “Reorganization”), each holder of Warrants shall be alternatively empowered to: (a) exercise the Warrants and receive in exchange a number of shares of the merging company, spun-off companies or company resulting from the merger equal to that which results from applying the exchange ratio set forth in the Reorganization in respect of the Underlying Shares acquired upon exercise of the Warrants (the “Reorganization Shares”); or (b) receive warrants on the Reorganization Shares, which shall be issued by the merging company, spun-off companies or company resulting from the merger, under the same terms and conditions of issue as those contained herein (the “Reorganization Warrants”).

Other Kinds of Reorganization. If at any time as from the Issue Date the Company resolves: (i) to merge with or into another company in order to form a new company; (ii) to 9 allocate a portion of its assets to merge it with one or more companies, or (iii) to dissolve itself without liquidation in order to allocate all its assets to form other new companies (a “Reorganization”), each holder of Warrants shall be alternatively empowered to: (a) exercise the Warrants and receive in exchange a number of shares of the merging company, spun-off companies or company resulting from the merger equal to that which results from applying the exchange ratio set forth in the Reorganization in respect of the Underlying Shares acquired upon exercise of the Warrants (the “Reorganization Shares”); or (b) receive warrants on the Reorganization Shares, which shall be issued by the merging company, spun-off companies or company resulting from the merger, under the same terms and conditions of issue as those contained herein (the “Reorganization Warrants”).