Common use of Stock Splits, Dividends, Etc Clause in Contracts

Stock Splits, Dividends, Etc. (a) If the Company shall at any time prior to the expiration of this Warrant subdivide its outstanding shares of Common Stock by recapitalization, reclassification, split-up or otherwise, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its shareholders, the number of shares of Common Stock purchasable under this Warrant immediately prior to such subdivision, declaration or distribution shall be proportionately increased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Common Stock purchasable under this Warrant immediately prior to such combination shall be proportionately decreased. Any such adjustment and the adjustment to the number of shares purchasable and the Exercise Price pursuant to this Section 6 shall be effective at the close of business on the effective date of such subdivision or combination, or if any adjustment is the result of a stock dividend or distribution then the effective date for such adjustment based thereon shall be the record date therefor or upon the making of such dividend or distribution if no record date is fixed. (b) Whenever the number of shares of Common Stock purchasable upon the exercise of this Warrant is adjusted as provided in this Section 6, the Exercise Price shall be adjusted to the nearest cent by multiplying such Exercise Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Common Stock so purchasable immediately thereafter.

Stock Splits, Dividends, Etc. (a) If the Company shall at any time prior to the expiration of this Warrant subdivide its outstanding shares of Common Stock (or other securities at the time receivable upon the exercise of the Warrant) by recapitalization, reclassification, reclassification or split-up or otherwisethereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its shareholdersstockholders, the number of shares of Common Stock purchasable under subject to this Warrant immediately prior to such subdivision, declaration or distribution subdivision shall be proportionately increased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification reclassification, reverse stock split, or combination thereof, the number of shares of Common Stock purchasable under subject to this Warrant immediately prior to such combination shall be proportionately decreased. Any such adjustment and the adjustment to the number of shares purchasable and the Exercise Price pursuant to this Section 6 shall be effective at the close of business on the effective date of such subdivision or combination, combination or if any adjustment is the result of a stock dividend or distribution then the effective date for such adjustment based thereon shall be the record date therefor or upon the making of such dividend or distribution if no record date is fixedtherefor. (b) Whenever the number of shares of Common Stock purchasable upon the exercise of this Warrant is adjusted adjusted, as provided in this Section 6, the Exercise Price shall be adjusted to the nearest cent by multiplying such Exercise Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Common Stock so purchasable immediately thereafter.

Stock Splits, Dividends, Etc. (a) If the Company shall at any time prior to the expiration of this Warrant subdivide its outstanding shares of Common Stock (or other securities at the time receivable upon the exercise of the Warrant) by recapitalization, reclassification, reclassification or split-up or otherwisethereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its shareholdersstockholders, the number of shares of Common Stock purchasable under this subject to a Warrant immediately prior to such subdivision, declaration or distribution subdivision shall be proportionately increased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification reclassification, reverse stock split, or combination thereof, the number of shares of Common Stock purchasable under this subject to a Warrant immediately prior to such combination shall be proportionately decreased. Any such adjustment and the adjustment to the number of shares purchasable and the Exercise Price pursuant to this Section 6 shall be effective at the close of business on the effective date of such subdivision or combination, combination or if any adjustment is the result of a stock dividend or distribution then the effective date for such adjustment based thereon shall be the record date therefor or upon the making of such dividend or distribution if no record date is fixedtherefor. (b) Whenever the number of shares of Common Stock purchasable upon the exercise of this a Warrant is adjusted adjusted, as provided in this Section 611, the Exercise Price shall be adjusted to the nearest cent by multiplying such Exercise Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Common Stock so purchasable immediately thereafter.