Common use of Stock Dividends, Subdivisions, Reclassifications or Combinations Clause in Contracts

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company shall (i) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, (ii) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the holder of any Debentures surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he would have owned or been entitled to receive had such Debentures been converted immediately prior to such date. Successive adjustments in the Conversion Ratio shall be made whenever any event specified above shall occur.

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company shall Corporation shall: (iA) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, ; (iiB) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, ; or (iiiC) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the holder of any Debentures shares of Preferred Stock surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he would have owned or been entitled to receive had such Debentures Preferred Stock been converted immediately prior to such date. Successive adjustments in the applicable Conversion Ratio Price shall be made whenever any event specified above shall occur.

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company Corporation shall (i) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, (ii) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the holder of any Debentures shares of Series A Preferred Stock surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he would have owned or been entitled to receive had such Debentures shares of Series A Preferred Stock been converted immediately prior to such date. Successive adjustments adjustment in the Conversion Ratio Price shall be made whenever any event specified above shall occur.

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company Corporation shall (ix) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, (iiy) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iiiz) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price Ratio in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the holder of any Debentures shares of Preferred Stock surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he would have owned or been entitled to receive had such Debentures Preferred Stock been converted immediately prior to such date. Successive adjustments in the Conversion Ratio shall be made whenever any event specified above shall occur.

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company Corporation shall (i) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, (ii) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the holder of any Debentures shares of Series D Preferred Stock surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he such holder would have owned or been entitled to receive had such Debentures shares of Series D Preferred Stock been converted immediately prior to such date. Successive adjustments in the Conversion Ratio Price shall be made whenever any event specified above shall occur.

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company Corporation shall (i) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, (ii) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the holder of any Debentures shares of Series A Preferred Stock surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he such holder would have owned or been entitled to receive had such Debentures shares of Series A Preferred Stock been converted immediately prior to such date. Successive adjustments in the Conversion Ratio Price shall be made whenever any event specified above shall occur.

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company Corporation shall (i) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, (ii) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the holder of any Debentures surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he would have owned or been entitled to receive had such Debentures been converted immediately prior to such date. Successive adjustments in the Conversion Ratio shall be made whenever any event specified above shall occur.

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company Corporation shall (ix) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, (iiy) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iiiz) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price Ratio in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification 77 shall be proportionately adjusted so that the holder of any Debentures shares of Preferred Stock surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he would have owned or been entitled to receive had such Debentures Preferred Stock been converted immediately prior to such date. Successive adjustments in the Conversion Ratio shall be made whenever any event specified above shall occur.

Stock Dividends, Subdivisions, Reclassifications or Combinations. If the Company shall (i) declare a dividend or make a distribution on its Common Stock in shares of its Common Stock, (ii) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the Conversion Price in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the holder of any Debentures shares of Preferred Stock surrendered for conversion after such date shall be entitled to receive the number of shares of Common Stock which he would have owned or been entitled to receive had such Debentures Preferred Stock been converted immediately prior to such date. Successive adjustments in the Conversion Ratio Price shall be made whenever any event specified above shall occur.