Common use of Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications Clause in Contracts

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (a) pay a dividend with respect to its Common Stock in shares of capital stock, (b) subdivide its outstanding shares of Common Stock, (c) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (d) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “Adjustment Event”), the number of Warrant Shares purchasable upon exercise of the Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this Warrant) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (a) pay a dividend with respect to its Common Stock in shares of capital stock, (bi) subdivide its outstanding shares of Common Stockcommon stock, (cii) combine its outstanding shares of Common Stock common stock into a smaller number of shares of any class of Common Stock common stock or (diii) issue any shares of its capital stock in a reclassification of the Common Stock common stock (including any such reclassification in connection with a merger, consolidation or merger other business combination in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value ) (any one of which actions is herein referred to as an “Adjustment Event”), the number of Warrant Shares shares of common stock purchasable upon exercise of each of the Warrant Warrants immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder Subscriber shall thereafter be entitled to receive the number of shares of Common Stock common stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock common stock under this WarrantWarrant Certificate) that such Registered Holder Subscriber would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant Warrants been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i) 2A shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the event that the Company shall (a) pay a dividend with respect to its Common Stock capital stock in shares of capital stockCommon Stock, (b) subdivide its outstanding shares of Common Stock, (c) combine its outstanding shares of Common Stock Tock into a smaller number of shares of any class of Common Stock or (d) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a merger, consolidation or merger other business combination in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value ) (any one of which actions is herein referred to as an “"Adjustment Event”"), the number of Warrant Shares shares of Common Stock purchasable upon exercise of the each Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this WarrantWarrant Certificate) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i2A(1) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (a) pay a dividend with respect to its Common Stock in shares of capital stock, (b) subdivide its outstanding shares of Common Stock, (c) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (d) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “"Adjustment Event”"), the number of Warrant Shares purchasable upon exercise of the Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this Warrant) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (ai) pay a dividend with respect to its Common Stock capital stock in shares of capital stockCommon Stock, (bii) subdivide its outstanding shares of Common Stock, (ciii) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (div) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a merger, consolidation or merger other business combination in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value ) (any one of which actions is herein referred to as an “"Adjustment Event”"), the number of Warrant Shares shares of Common Stock purchasable upon exercise of the each Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this WarrantWarrant Certificate) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i2A(1) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (a) pay a dividend with respect to its Common Stock in shares of capital stock, (bi) subdivide its outstanding shares of Common Stock, (cii) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (diii) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a merger, consolidation or merger other business combination in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value ) (any one of which actions is herein referred to as an “Adjustment Event”), the number of Warrant Shares shares of Common Stock purchasable upon exercise of the each Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this WarrantWarrant Certificate) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i) 2A shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the event that the Company shall (ai) pay a dividend or make any other distribution with respect to its Common Stock in shares of its capital stock, (bii) subdivide its outstanding shares of Common Stock, (ciii) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock shares, or (div) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a merger, consolidation or merger other business combination in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “Adjustment Event”), the number of Warrant Shares purchasable upon exercise of the Warrant then immediately prior to the record date for such Adjustment Event dividend or distribution, or the effective date of such subdivision or combination, the Exercise Price and the number of shares of Common Stock issuable upon exercise of each Warrant shall be adjusted so that the Registered Holder of each Warrant shall thereafter be entitled to receive the kind and number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this Warrant) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, any of the events described above had such Warrant been exercised immediately prior to the happening of such Adjustment Event event or any record date with respect thereto, at an Exercise Price at which the Holder would pay, in the aggregate, for the adjusted number of shares of Common Stock, the same amount the Holder would have had to pay prior to the adjustment for the unadjusted number of shares of Common Stock. An adjustment made pursuant to this Section 7(a)(i4.01 (a) shall become effective immediately after the effective date of such Adjustment Event event retroactive to the record date, if any, for such Adjustment Eventevent, (b) Issuance of Common Stock, Rights, Options or Warrants at Lower Values.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (a) pay a dividend with respect to its Common Stock in shares of capital stock, (b) subdivide its outstanding shares of Common Stock, (c) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (d) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “"Adjustment Event”"), the number of Warrant Shares shares of Common Stock purchasable upon exercise of the each Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this WarrantWarrant Certificate) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i7.1(i) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (ai) pay a dividend with respect to its Common Stock in shares of capital stock, (bii) subdivide its outstanding shares of Common Stock, (ciii) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (div) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “"Adjustment Event”"), the number of Warrant Shares shares of Common Stock purchasable upon exercise of the Warrant each Option immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this WarrantOption Agreement) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant Option been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i4(a) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (a) pay a dividend with respect to its Common Stock in shares of capital stock, (b) subdivide its outstanding shares of Common Stock, (c) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (d) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “Adjustment Event”), the number of Warrant Shares Units purchasable upon exercise of the Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock Warrant Units or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this Warrant) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (a) pay a dividend with respect to its Common Stock in shares of capital stock, (b) subdivide its outstanding shares of Common Stock, (c) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (d) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “"Adjustment Event”"), the number of Warrant Shares purchasable upon exercise of the Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this Warrant) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (ai) pay a dividend or make any other distribution with respect to its the Borrower Common Stock in shares of its capital stock, (bii) subdivide its outstanding shares of Borrower Common Stock, (ciii) combine its outstanding shares of Borrower Common Stock into a smaller number of shares of any class of Common Stock shares, or (div) issue any shares of its capital stock in a reclassification of the Borrower Common Stock (including any such reclassification in connection with a merger (other than the transactions contemplated by the Merger Agreement), consolidation or merger other business combination in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “Adjustment Event”), ) the number of Warrant Shares purchasable shares of Borrower Common Stock issuable upon exercise of the this Warrant immediately prior to the record date for each such Adjustment Event dividend or distribution or the effective date of each such subdivision or combination shall be adjusted so that the Registered Holder shall thereafter be entitled after the completion of each such event to receive the kind and number of shares of Borrower Common Stock or other securities of the Company (such other securities thereafter enjoying that the rights of shares of Common Stock under this Warrant) that such Registered Holder would have owned or have been entitled to receive after the happening of each such Adjustment Eventevent, had such this Warrant been exercised immediately prior to the happening of each such Adjustment Event event or any record date with respect thereto. An Each adjustment made pursuant to this Section 7(a)(i6(a) shall become effective immediately after the effective date of such Adjustment Event the applicable event retroactive to the record date, if any, for such Adjustment Eventevent.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (ai) pay a dividend with respect to its Common Stock capital stock in shares of capital stockCommon Stock, (bii) subdivide its outstanding shares of Common Stock, (ciii) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (div) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a merger, consolidation or merger other business combination in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value ) (any one of which actions is herein referred to as an “"Adjustment Event”"), the number of Warrant Shares shares of Common Stock purchasable upon exercise of the each Warrant immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this WarrantWarrant Certificate) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i2A(I) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company shall (ai) pay a dividend with respect to its Common Stock in shares of capital stock, (bii) subdivide its outstanding shares of Common Stock, (ciii) combine its outstanding shares of Common Stock into a smaller number of shares of any class of Common Stock or (div) issue any shares of its capital stock in a reclassification of the Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “"Adjustment Event”"), the number of Warrant Shares shares of Common Stock purchasable upon exercise of the Warrant each Option immediately prior to the record date for such Adjustment Event shall be adjusted so that the Registered Holder shall thereafter be entitled to receive the number of shares of Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this WarrantOption Certificate) that such Registered Holder would have owned or have been entitled to receive after the happening of such Adjustment Event, had such Warrant Option been exercised immediately prior to the happening of such Adjustment Event or any record date with respect thereto. An adjustment made pursuant to this Section 7(a)(i4(a) shall become effective immediately after the effective date of such Adjustment Event retroactive to the record date, if any, for such Adjustment Event.

Stock Dividends; Stock Splits; Reverse Stock Splits; Reclassifications. In case the Company Maker shall (ai) pay a dividend or make any other distribution with respect to its the Borrower Common Stock in shares of its capital stock, (bii) subdivide its outstanding shares of Borrower Common Stock, (ciii) combine its outstanding shares of Borrower Common Stock into a smaller number of shares of any class of Common Stock shares, or (div) issue any shares of its capital stock in a reclassification of the Borrower Common Stock (including any such reclassification in connection with a merger (other than the transactions contemplated by the Merger Agreement), consolidation or merger other business combination in which the Company Maker is the continuing corporation), other than elimination of par value, a change in par value, or a change from par value to no par value (any one of which actions is herein referred to as an “Adjustment Event”), then the number of Warrant Shares purchasable shares of Borrower Common Stock issuable upon exercise conversion of the Warrant this Note (assuming it had been converted immediately prior to the record date for each such Adjustment Event dividend or distribution or the effective date of each such subdivision or combination) shall be adjusted so that the Registered Holder shall thereafter be entitled after the completion of each such event to receive the kind and number of shares of Borrower Common Stock or other securities of the Company (such other securities thereafter enjoying the rights of shares of Common Stock under this Warrant) Maker that such Registered Holder would have owned or have been entitled to receive after the happening of each such Adjustment Event, event had such Warrant this Note been exercised converted immediately prior to the happening of each such Adjustment Event event or any record date with respect thereto. An Each adjustment made pursuant to this Section 7(a)(i) 1.2.1 shall become effective immediately after the effective date of such Adjustment Event the applicable event retroactive to the record date, if any, for such Adjustment Eventevent.