Common use of Share Dividends and Splits Clause in Contracts

Share Dividends and Splits. If the Company, at any time while this Warrant is outstanding: (i) subdivides outstanding Ordinary Shares or ADSs into a larger number of Ordinary Shares or ADSs, as applicable, (ii) combines (including by way of reverse share split) outstanding ADSs or Ordinary Shares into a smaller number of Ordinary Shares or ADSs, as applicable, or (iii) issues further ADSs or Ordinary Shares by reclassification of ADSs, Ordinary Shares or any other shares of the Company, then in each case, subject to the rules or laws of the applicable Trading Market, the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of ADSs (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of ADSs, outstanding immediately after such event, and the number of ADSs issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of shareholders entitled to receive such additional ADSs and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Share Dividends and Splits. If the Company, at any time while this Warrant is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock, (ii) subdivides outstanding Ordinary Shares or ADSs shares of Common Stock into a larger number of Ordinary Shares or ADSs, as applicableshares, (iiiii) combines (including by way of reverse share stock split) outstanding ADSs or Ordinary Shares shares of Common Stock into a smaller number of Ordinary Shares or ADSs, as applicableshares, or (iiiiv) issues further ADSs or Ordinary Shares by reclassification of ADSs, Ordinary Shares or shares of the Common Stock any other shares of capital stock of the Company, then in each case, subject to the rules or laws of the applicable Trading Market, case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of ADSs shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of ADSs, shares of Common Stock outstanding immediately after such event, and the number of ADSs shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of shareholders stockholders entitled to receive such additional ADSs dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Share Dividends and Splits. If the Company, at any time while this Warrant is outstanding: (i) subdivides outstanding pays a share dividend or otherwise makes a distribution or distributions on its Ordinary Shares or ADSs into a larger number of any other equity or equity equivalent securities payable in Ordinary Shares or ADSsShares, as applicable, (ii) subdivides outstanding Ordinary Shares into a larger number of shares, as applicable, (iii) combines (including by way of reverse share split) outstanding ADSs or Ordinary Shares into a smaller number of Ordinary Shares or ADSsshares, as applicable, or (iiiiv) issues further ADSs or Ordinary Shares by reclassification of ADSs, Ordinary Shares or any other shares of capital stock of the Company, as applicable, then in each case, subject to the rules or laws of the applicable Trading Market, case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of ADSs Ordinary Shares (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of ADSs, Ordinary Shares outstanding immediately after such event, and the number of ADSs shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of shareholders entitled to receive such additional ADSs dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.