Common use of Stock Splits; Dividends; Distributions and Combinations Clause in Contracts

Stock Splits; Dividends; Distributions and Combinations. If the Company shall at any time or from time to time after the date of this Warrant fix a record date for the effectuation of a split or subdivision of the outstanding shares of Common Stock or the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in additional shares of Common Stock or Common Stock Equivalents, then, following such record date (or the date of such dividend, distribution, split or subdivision if no record date is fixed), the Exercise Price shall be appropriately decreased so that the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase in the number of outstanding shares of Common Stock (including for this purpose, Common Stock Equivalents). If the number of shares of Common Stock outstanding at any time after the date of this Warrant is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Exercise Price shall be appropriately increased so that the number of shares of Common Stock issuable upon exercise of this Warrant shall be decreased in proportion to such decrease in the number of outstanding shares of Common Stock.

Stock Splits; Dividends; Distributions and Combinations. If the Company shall at any time or from time to time after the date of this Warrant fix Note fixes a record date for the effectuation of a split or subdivision of the outstanding shares of Common Stock or the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in additional shares of Common Stock or Common Stock Equivalents, then, following such record date (or the date of such dividend, distribution, split or subdivision if no record date is fixed), the Exercise Conversion Price shall be appropriately decreased so that the number of shares of Common Stock issuable on exercise conversion of this Warrant Note shall be increased in proportion to such increase in the number of outstanding shares of Common Stock (including for this purpose, Common Stock Equivalents). If the number of shares of Common Stock outstanding at any time after the date of this Warrant Note is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Exercise Conversion Price shall be appropriately increased so that the number of shares of Common Stock issuable upon exercise on conversion of this Warrant Note shall be decreased in proportion to such decrease in the number of outstanding shares of Common Stock.