Common use of Splits and Subdivisions; Dividends Clause in Contracts

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding Shares or pay a dividend in or make a distribution payable in additional Shares or other securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional Shares (hereinafter referred to as the “Share Equivalents”) without payment of any consideration by such holder for the additional Shares or Share Equivalents (including the additional Shares issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding Shares shares of Common Stock or pay a dividend in or make a distribution payable in additional Shares shares of Common Stock or other securities that are convertible or rights convertible into, exchangeable or entitling the holder thereof to receive, directly or indirectly, additional Shares exercisable into shares of Common Stock (hereinafter referred to as the “Share Common Stock Equivalents”) without payment of any consideration by such holder for the additional Shares shares of Common Stock or Share Common Stock Equivalents (including the additional Shares shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Splits and Subdivisions; Dividends. In the event after the Applicable Exercise Price is determined, the Company should at any time or from time to time effectuate a split or subdivision of the outstanding Shares shares of Common Stock or pay a dividend in or make a distribution payable in additional Shares shares of Common Stock or other securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional Shares (hereinafter referred to as the “Share Equivalents”) Common Stock Equivalents without payment of any consideration by such holder for the additional Shares shares of Common Stock or Share Common Stock Equivalents (including the additional Shares shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Applicable Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding Ordinary Shares or pay a dividend in or make a distribution payable in additional Ordinary Shares or other securities convertible into or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional exchangeable for Ordinary Shares (hereinafter referred to as the “Ordinary Share Equivalents”) without payment of any consideration by such holder for the additional Ordinary Shares or Ordinary Share Equivalents (including the additional Ordinary Shares issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding Shares Common Stock or pay a dividend in or make a distribution payable in additional Shares Common Stock or other securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional Shares Common Stock (hereinafter referred to as the “Share Common Stock Equivalents”) without payment of any consideration by such holder for the additional Shares Common Stock or Share Common Stock Equivalents (including the additional Shares Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.