Common use of Stock Splits and Reverse Stock Splits Clause in Contracts

Stock Splits and Reverse Stock Splits. If at any time on or after the date hereof the Corporation shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Option Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of shares receivable upon exercise of the Option shall thereby be proportionately increased; and, conversely, if at any time on or after the date hereof the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Option Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of shares receivable upon exercise of the Option shall hereby be proportionately decreased.

Stock Splits and Reverse Stock Splits. If at any time on or after the date hereof ------------------------------------- initial formation of the Corporation Company, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Option Exercise Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of shares Shares receivable upon exercise of the Option shall thereby be proportionately increased; and, conversely, if at any time on or after the date hereof formation of the Company the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Option Exercise Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of shares Shares receivable upon the exercise of the Option shall hereby thereby be proportionately decreased.

Stock Splits and Reverse Stock Splits. If at any time on or after the date hereof the Corporation Company shall subdivide its outstanding shares of Common Stock common stock into a greater number of shares, the Option Exercise Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of shares of common stock receivable upon exercise of the Option this Warrant shall thereby be proportionately increased; and, conversely, if at any time on or after the date hereof the outstanding number of shares of Common Stock common stock shall be combined into a smaller number of shares, the Option Exercise Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of shares receivable upon exercise of the Option this Warrant shall hereby thereby be proportionately decreased.

Stock Splits and Reverse Stock Splits. If at any time on or after the date hereof the Corporation Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Option Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of shares receivable upon exercise of the Option shall thereby be proportionately increased; and, conversely, if at any time on or after the date hereof the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Option Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of shares receivable upon exercise of the this Option shall hereby thereby be proportionately decreased.