Common use of Stock Dividends, Subdivisions and Combinations Clause in Contracts

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (i) take a record of the holders of its Common Stock for the purpose of entitling them to receive a dividend payable in, or other distribution of, additional shares of Common Stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of such Common Stock, or (iii) combine its outstanding shares of Common Stock into a smaller number of shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares of Common Stock Outstanding immediately prior to the adjustment and the denominator of which is equal to the number of shares of Common Stock Outstanding immediately after such adjustment.

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (ia) take a record of the holders of its Common Stock for the purpose of entitling them to receive a dividend payable in, or other distribution of, additional shares of Common Stock, (iib) subdivide subdivide, split or reclassify its outstanding shares of Common Stock into a larger number of shares of such Common Stock, or (iiic) combine its outstanding shares of Common Stock into a smaller number of shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares of Common Stock Outstanding outstanding immediately prior to the adjustment and the denominator of which is equal to the number of shares of Common Stock Outstanding outstanding immediately after such adjustment.

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (i) take a record of the holders of its Common Stock for the purpose of entitling them to receive a dividend payable in, or other distribution of, additional shares of Common Stock, (ii) subdivide its outstanding shares of Common Stock Outstanding into a larger number of shares of such Common Stock, or (iii) combine its outstanding shares of Common Stock Outstanding into a smaller number of shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares of Common Stock Outstanding immediately prior to the adjustment and the denominator of which is equal to the number of shares of Common Stock Outstanding immediately after such adjustment.

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (i) take a record of the holders of its Common Stock for the purpose of entitling them to receive a dividend payable in, or other distribution of, additional shares Shares of Common Stock, (ii) subdivide Subdivide its outstanding shares Shares of Common Stock into a larger number of shares Shares of such Common Stock, or (iii) combine its outstanding shares Shares of Common Stock into a smaller number of shares Shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares Shares of Common Stock Outstanding immediately prior to the adjustment and the denominator of which is equal to the number of shares Shares of Common Stock Outstanding immediately after such adjustment.

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (i) take a record of the holders of its Common Stock for the purpose of entitling them to receive a dividend payable in, or other distribution of, additional shares of Common Stock, (ii) subdivide its outstanding shares of Common Stock Outstanding into a larger number of shares of such Common Stock, or (iii) combine its outstanding shares of Common Stock Outstanding into a smaller number of shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares of Common Stock Outstanding immediately prior to the event requiring such adjustment and the denominator of which is equal to the number of shares of Common Stock Outstanding immediately after giving effect to such adjustmentevent.

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (ia) take a record of the holders of its Common Stock for the purpose pur pose of entitling them to receive a dividend payable in, or other distribution of, additional shares of Common Stock,; (iib) subdivide subdivide, split or reclassify its outstanding shares of Common Stock into a larger number of shares of such Common Stock, ; or (iiic) combine its outstanding shares of Common Stock into a smaller number of shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares of Common Stock Outstanding immediately prior to the adjustment and the denominator of which is equal to the number of shares of Common Stock Outstanding immediately after such adjustment.

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (i) take a record of the holders of its Common Stock for the purpose of entitling them to receive pay a dividend payable in, or other make a distribution of, additional shares of Common StockStock to the holders of all the Common Stock Outstanding, (ii) subdivide its outstanding shares of Common Stock Outstanding into a larger number of shares of such Common Stock, or (iii) combine its outstanding shares of Common Stock Outstanding into a smaller number of shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares of Common Stock Outstanding immediately prior to the adjustment and the denominator of which is equal to the number of shares of Common Stock Outstanding immediately after such adjustment.

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (i) take a record of the holders of its Common Stock for the purpose of entitling them to receive a dividend payable in, or other distribution of, additional shares of Common Stock, (ii) subdivide subdivide, split or reclassify its outstanding shares of Common Stock into a larger number of shares of such Common Stock, or (iii) combine its outstanding shares of Common Stock into a smaller number of shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares of Common Stock Outstanding immediately prior to the adjustment and the denominator of which is equal to the number of shares of Common Stock Outstanding immediately after such adjustment.

Stock Dividends, Subdivisions and Combinations. If at any time the Company shall: (i) take pay a record dividend in, or make a distribution of, addi tional shares of Common Stock to the holders of its all the Common Stock for the purpose of entitling them to receive a dividend payable in, or other distribution of, additional shares of Common StockOutstanding, (ii) subdivide its outstanding shares of Common Stock Outstanding into a larger number of shares of such Common Stock, or (iii) combine its outstanding shares of Common Stock Outstanding into a smaller number of shares of such Common Stock, then the Exercise Price shall be adjusted to equal the product of the Exercise Price in effect immediately prior to such event multiplied by a fraction the numerator of which is equal to the number of shares of Common Stock Outstanding immediately prior to the adjustment and the denominator of which is equal to the number of shares of Common Stock Outstanding immediately after such adjustment.