Common use of Recapitalization/Reorganization Clause in Contracts

Recapitalization/Reorganization. (a) Any new, substituted or additional securities or other property which is by reason of any Recapitalization distributed with respect to the Issued Shares shall be immediately subject to the First Refusal Right, but only to the extent the Issued Shares are at the time covered by such right. (b) In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply to the new capital stock or other property received in exchange for the Issued Shares in consummation of the Reorganization, but only to the extent the Issued Shares are at the time covered by such right.

Recapitalization/Reorganization. (a) Any new, substituted or ------------------------------- additional securities or other property which is by reason of any Recapitalization distributed with respect to the Issued Shares Stock shall be immediately subject to the First Refusal Right, but only to the extent the Issued Shares are Stock is at the time covered by such right. (b) . In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply to the new capital stock or other property received in exchange for the Issued Shares Stock in consummation of the Reorganization, but only to the extent the Issued Shares are Stock is at the time covered by such right.

Recapitalization/Reorganization. (ai) Any new, substituted or additional securities or other property which is by reason of any Recapitalization distributed with respect to the Issued Shares Stock shall be immediately subject to the First Refusal Right, but only to the extent the Issued Shares Stock are at the time covered by such right. (bii) In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply to the new capital stock or other property received in exchange for the Issued Shares Stock in consummation of the Reorganization, but only to the extent the Issued Shares Stock are at the time covered by such right.

Recapitalization/Reorganization. (a) Any new, substituted or additional securities or other property which is by reason of any Recapitalization distributed with respect to the Issued Shares shall be immediately subject to the First Refusal Right, but only to the extent the Issued Shares are at the time covered by such right. (b) In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply to the new capital stock or other property received in exchange for the Issued Shares in consummation of the Reorganization, but only to the extent the Issued Shares are at the time covered by such right.

Recapitalization/Reorganization. (ai) Any new, substituted or additional securities or other property which is by reason of any Recapitalization distributed with respect to the Issued Shares shall be immediately subject to the First Refusal Right, but only to the extent the Issued Shares are at the time covered by such right. (bii) In the event of a Reorganization, the First Refusal Right shall remain in full force and effect and shall apply to the new capital stock or other property received in exchange for the Issued Shares in consummation of the Reorganization, but only to the extent the Issued Shares are at the time covered by such right.