Common use of Stock Dividends, etc Clause in Contracts

Stock Dividends, etc. If dreamlife at any time during the Term shall (i) pay a dividend with respect to dreamlife Stock payable in dreamlife Stock (or rights, options or warrants in respect thereof (collectively, "Warrants")), or (ii) issue any warrants or options, other than those currently outstanding or which dreamlife, prior to the date hereof, has obligated itself to issue to officers, directors, employees or consultants, having an exercise price (on a per-share basis) below the fair market value of a share of dreamlife Stock on the date of authorization or grant of such Warrants, or (iii) make any other distribution with respect to dreamlife Stock (except any distribution specifically provided for in Sections 4(a) and (b) above), the price at which the Holder shall be able to purchase Option Shares shall be adjusted by multiplying the Exercise Price in effect immediately prior to such date of determination of the holders of securities entitled to receive such distribution, by a fraction (A) the numerator of which shall be the total number of shares of dreamlife Stock outstanding immediately prior to such dividend or distribution, and (B) the denominator of which shall be the total number of shares of dreamlife Stock outstanding immediately after such dividend or distribution, as if all of such Warrants had been exercised and the Holder received the consideration payable in respect thereof. Upon each adjustment in the Exercise Price pursuant to this Section 4(c), the number of Option Shares of dreamlife Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Option Shares purchasable immediately prior to such adjustment by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Stock Dividends, etc. If dreamlife at any time during after the Term shall date of the issuance of this Warrant and prior to the Expiration Date (i) pay the Company shall fix a record date for the issuance of any stock dividend with respect to dreamlife Stock payable in dreamlife shares of Common Stock (or rights, options or warrants in respect thereof (collectively, "Warrants")), or (ii) issue any warrants the number of shares of Common Stock shall have been increased by a subdivision or optionssplit-up of shares of Common Stock, other than those currently outstanding or which dreamlifethen, prior to the date hereof, has obligated itself to issue to officers, directors, employees or consultants, having an exercise price (on a per-share basis) below the fair market value of a share of dreamlife Stock on the record date fixed for the determination of holders of Common Stock entitled to receive such dividend or immediately after the effective date of authorization such subdivision or grant of such Warrantssplit up, or (iii) make any other distribution with respect to dreamlife Stock (except any distribution specifically provided for in Sections 4(a) and (b) above)as the case may be, the price at which number of shares to be delivered upon exercise or conversion of this Warrant will be increased so that the Holder shall Warrantholder will be able entitled to purchase Option Shares receive the number of shares of Common Stock that such Warrantholder would have owned immediately following such action had this Warrant been exercised or converted in full immediately prior thereto. The Exercise Price payable upon the exercise of this Warrant shall be adjusted by multiplying the such Exercise Price in effect immediately prior to such date of determination of the holders of securities entitled to receive such distribution, by a fraction (A) the numerator of which shall be the total number of shares of dreamlife Stock outstanding immediately prior to such dividend or distribution, and (B) the denominator of which shall be the total number of shares of dreamlife Stock outstanding immediately after such dividend or distribution, as if all of such Warrants had been exercised and the Holder received the consideration payable in respect thereof. Upon each adjustment in the Exercise Price pursuant to this Section 4(c), the number of Option Shares of dreamlife Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Option Shares purchasable immediately prior to such adjustment by a fraction, of which the numerator of which shall be the Exercise Price number of Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such adjustment adjustment, and of which the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter. Notwithstanding the foregoing, in no circumstance shall the Exercise Price immediately thereafterbe reduced to less than the par value of a share of Common Stock.

Stock Dividends, etc. If dreamlife the Company at any time during the Term while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to dreamlife Common Stock payable in dreamlife Common Stock (or rights, options or warrants in respect thereof (collectively, "WarrantsOptions")), or (ii) issue any warrants or optionswarrants, other than those currently outstanding or which dreamlifethe Company, prior to the date hereof, hereof has obligated itself to issue issue, or Options, other than up to 3,650,000 shares of Common Stock pursuant to a duly authorized and constituted stock option plan, to officers, directors, employees or consultantsconsultants to the Company, having an exercise price (on a per-share basis) below the fair market value of a share of dreamlife Common Stock on the date of authorization or grant of such WarrantsOptions, or (iii) make any other distribution with respect to dreamlife Common Stock (except any distribution specifically provided for in Sections 4(a) and (b) above), the price at which the Holder holder of this Warrant shall be able to purchase Option Shares shall be adjusted by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination of the holders of securities entitled to receive such distribution, by a fraction (A) the numerator of which shall be the total number of shares of dreamlife Common Stock outstanding immediately prior to such dividend or distribution, and (B) the denominator of which shall be the total number of shares of dreamlife Common Stock outstanding immediately after such dividend or distribution, as if all of such Warrants Options had been exercised and the Holder Company received the consideration payable in respect thereof. Upon each adjustment in the Exercise Warrant Price pursuant to this Section 4(c), the number of Option Shares of dreamlife Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Option Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Exercise Warrant Price immediately prior to such adjustment and the denominator of which shall be the Exercise Warrant Price immediately thereafter.

Stock Dividends, etc. If dreamlife the Company at any time during the Term while this -------------------- Warrant is outstanding and unexpired shall (i) pay a dividend with respect to dreamlife Common Stock payable in dreamlife Common Stock (or rights, options or warrants in respect thereof (collectively, "Warrants"))Options, or (ii) issue any warrants or options, other than those currently outstanding or which dreamlife, prior to the date hereof, has obligated itself to issue to officers, directors, employees or consultants, having an exercise price (on a per-share basis) below the fair market value of a share of dreamlife Stock on the date of authorization or grant of such Warrants, or (iii) make any other distribution with respect to dreamlife Common Stock (except any distribution specifically provided for in Sections 4(a) and (b) above), the price at which the Holder holder of this Warrant shall be able to purchase Option Shares shall be adjusted by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination of the holders of securities entitled to receive such dividend or distribution, by a fraction (A) the numerator of which shall be the total number of shares of dreamlife Common Stock outstanding immediately prior to such dividend or distribution, and (B) the denominator of which shall be the total number of shares of dreamlife Common Stock outstanding immediately after such dividend or distribution, as if all of such Warrants Options had been exercised and the Holder received Company used the consideration payable in respect thereofthereof to purchase shares of Common Stock in the market. Upon each adjustment in the Exercise Warrant Price pursuant to this Section 4(c), the number of Option Shares of dreamlife Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Option Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Exercise Warrant Price immediately prior to such adjustment and the denominator of which shall be the Exercise Warrant Price immediately thereafter.