Common use of Stock Dividend or Split Clause in Contracts

Stock Dividend or Split. If the Company issues shares of Common Stock as a dividend or distribution on shares of the Common Stock, or effects a subdivision or share split or share combination or reverse splitting, or shall increase or decrease the number of shares of Common Stock outstanding by reclassification of its Common Stock, then in each case, the number of Warrant Shares for which this Warrant is exercisable will be adjusted based on the following formula: NS’ = NS0 × OS’ OS0 where, NS’ = the number of Warrant Shares for which this Warrant is exercisable in effect immediately after such event NS0 = the number of Warrant Shares for which this Warrant is exercisable in effect immediately prior to such event OS’ = the number of shares of Common Stock outstanding immediately after such event OS0 = the number of shares of Common Stock outstanding immediately prior to such event. Such adjustment shall become effective, in the case of a dividend or distribution on shares of the Common Stock, immediately after 5:00 p.m., New York City time, on the date fixed for determination of stockholders entitled to receive such dividend or distribution, or, in the case of a subdivision, share split, share combination, reverse split, or reclassification of Common Stock, immediately prior to the effective time of such event. The Company will not pay any dividend or make any distribution on shares of Common Stock held in treasury by the Company. If any dividend or distribution of the type described in this Section 6.2 is declared but not so paid or made, the number of Warrant Shares for which this Warrant is exercisable shall again be adjusted to the number of Warrant Shares for which this Warrant is exercisable that would then be in effect if such dividend or distribution had not been declared.

Stock Dividend or Split. If the Company issues shares of Common Stock Ordinary Shares as a dividend or distribution on shares of the Common StockOrdinary Shares, or effects a subdivision or share split or share combination or reverse splitting, or shall increase or decrease the number of shares of Common Stock Ordinary Shares outstanding by reclassification of its Common StockOrdinary Share, then in each case, the number of Warrant Shares for which this Warrant is exercisable will be adjusted based on the following formula: NS’ = NS0 × x OS’ OS0 where, NS’ = the number of Warrant Shares for which this Warrant is exercisable in effect immediately after such event adjustment NS0 = the number of Warrant Shares for which this Warrant is exercisable in effect immediately prior to such event adjustment OS’ = the number of shares of Common Stock Ordinary Shares outstanding immediately after the close of business on the record date for such event OS0 = the number of shares of Common Stock Ordinary Shares outstanding immediately prior to the close of business on the record date for such event. Such adjustment shall become effective, in the case of a dividend or distribution on shares of the Common Stock, effective immediately after 5:00 p.m.prior to 9:00 a.m., New York City time, on the Business Day following the record date fixed for determination of stockholders entitled to receive such dividend or distribution, or, in distribution or the case effective date of a such subdivision, share split, share combination, combination or reverse split, or reclassification of Common Stock, immediately prior to the effective time of such event. The Company will not pay any dividend or make any distribution on shares of Common Stock held in treasury by the Companysplitting. If any dividend or distribution of the type described in this Section 6.2 is declared but not so paid or made, the number of Warrant Shares for which this Warrant is exercisable shall again be adjusted to the number of Warrant Shares for which this Warrant is exercisable that would then be in effect if such dividend or distribution had not been declareddeclared (and the Exercise Price also correspondingly readjusted).

Stock Dividend or Split. If the Company issues shares of Common Stock as a dividend or distribution on shares of the Common Stock, or effects a subdivision or share split or share combination or reverse splitting, or shall increase or decrease the number of shares of Common Stock outstanding by reclassification of its Common Stock, then in each case, the number of Warrant Shares for which this Warrant is exercisable will be adjusted based on the following formula: NS’ = NS0 × x OS’ OS0 where, NS’ = the number of Warrant Shares for which this Warrant is exercisable in effect immediately after such event NS0 = the number of Warrant Shares for which this Warrant is exercisable in effect immediately prior to such event OS’ = the number of shares of Common Stock outstanding immediately after such event OS0 = the number of shares of Common Stock outstanding immediately prior to such event. event Such adjustment shall become effective, in the case of a dividend or distribution on shares of the Common Stock, effective immediately after 5:00 p.m.9:00 a.m., New York City time, on the Business Day following the date fixed for determination of stockholders entitled to receive such dividend or distribution, or, in the case of a subdivision, share split, share combination, reverse split, or reclassification of Common Stock, immediately prior to the effective time of such eventdetermination. The Company will not pay any dividend or make any distribution on shares of Common Stock held in treasury by the Company. If any dividend or distribution of the type described in this Section 6.2 is declared but not so paid or made, the number of Warrant Shares for which this Warrant is exercisable shall again be adjusted to the number of Warrant Shares for which this Warrant is exercisable that would then be in effect if such dividend or distribution had not been declared.

Stock Dividend or Split. If the Company issues shares of Common Stock as a dividend or distribution on shares of the Common Stock, or effects a subdivision or share split or share combination or reverse splitting, or shall increase or decrease the number of shares of Common Stock outstanding by reclassification of its Common Stock, then in each case, the number of Warrant Shares for which this Warrant is exercisable will be adjusted based on the following formula: NS’ = NS0 × x OS’ OS0 where, NS’ = the number of Warrant Shares for which this Warrant is exercisable in effect immediately after such event NS0 = the number of Warrant Shares for which this Warrant is exercisable in effect immediately prior to such event OS’ = the number of shares of Common Stock outstanding immediately after such event OS0 = the number of shares of Common Stock outstanding immediately prior to such event. Such adjustment shall become effective, in the case of a dividend or distribution on shares of the Common Stock, effective immediately after 5:00 p.m.9:00 a.m., New York City time, on the Business Day following the date fixed for determination of stockholders entitled to receive such dividend or distribution, or, in the case of a subdivision, share split, share combination, reverse split, or reclassification of Common Stock, immediately prior to the effective time of such eventdetermination. The Company will not pay any dividend or make any distribution on shares of Common Stock held in treasury by the Company. If any dividend or distribution of the type described in this Section 6.2 is declared but not so paid or made, the number of Warrant Shares for which this Warrant is exercisable shall again be adjusted to the number of Warrant Shares for which this Warrant is exercisable that would then be in effect if such dividend or distribution had not been declared.

Stock Dividend or Split. If the Company issues shares of Common Stock as a dividend or distribution on shares of the Common Stock, or effects a subdivision or share split or share combination or reverse splitting, or shall increase or decrease the number of shares of Common Stock outstanding by reclassification of its Common Stock, then in each case, the number of Warrant Shares for which this Warrant is exercisable will be adjusted based on the following formula: NS’ = NS0 × x OS’ OS0 where, NS’ = the number of Warrant Shares for which this Warrant is exercisable in effect immediately after such event NS0 = the number of Warrant Shares for which this Warrant is exercisable in effect immediately prior to such event OS’ = the number of shares of Common Stock outstanding immediately after such event OS0 = the number of shares of Common Stock outstanding immediately prior to such event. Such adjustment shall become effective, in the case of a dividend or distribution on shares of the Common Stock, effective immediately after 5:00 p.m.9:00 a.m., New York City time, on the Business Day following the date fixed for determination of stockholders entitled to receive such dividend or distribution, or, in the case of a subdivision, share split, share combination, reverse split, or reclassification of Common Stock, immediately prior to the effective time of such eventdetermination. The Company will not pay any dividend or make any distribution on shares of Common Stock held in treasury by the Company. If any dividend or distribution of the type described in this Section 6.2 is declared but not so paid or made, the number of Warrant Shares for which this Warrant is exercisable shall again be adjusted to the number of Warrant Shares for which this Warrant is exercisable that would then be in effect if such dividend or distribution had not been declared.