Common use of Reclassification or Reorganization Clause in Contracts

Reclassification or Reorganization. If the Company engages in a reorganization, a reclassification of its Common Stock, or in a merger or other combination with another Person in which the other Person survives, upon exercise of this Warrant, the Holder will be entitled to receive the number of shares, securities or property the Holder would have been entitled to receive if this Warrant had been exercised immediately prior to the record date for such event. The aggregate exercise price applicable to such new shares, securities or property will be the aggregate exercise price of all Warrant Shares remaining to be purchased hereunder. If necessary, the rights and interests of the Holder will be appropriately adjusted so as to be applicable, as nearly as reasonably possible, to any such shares, securities or property thereafter deliverable upon exercise of this Warrant.