Common use of Subdivision, Stock Dividends or Combinations Clause in Contracts

Subdivision, Stock Dividends or Combinations. In case the Company shall at any time subdivide the outstanding shares of the Common Stock (through a stock split or otherwise), the Warrant Price in effect immediately prior to such subdivision shall be proportionately decreased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such subdivision shall be proportionately increased. In case the Company shall at any time combine the outstanding shares of the Common Stock (through a reverse stock split or otherwise), the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such combination shall be proportionately decreased. In each of the foregoing cases, the adjustment shall be effective automatically upon, and simultaneously with, the effectiveness of the subdivision or combination giving rise to the adjustment. If the Company at any time pays a dividend, or makes any other distribution, to holders of Common Stock payable in shares of Common Stock, or fixes a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in shares of Common Stock, then the number of Warrant Shares in effect immediately prior to such action shall be proportionately increased so that the Holder hereof may receive upon exercise of the Warrant the aggregate number of shares of Common Stock which he or it would have owned immediately following such action if the Warrant had been exercised immediately prior to such action. The adjustment shall become effective immediately as of the date the Company shall take a record of the holders of its Common Stock for the purpose of receiving such dividend or distribution (or if no such record is taken, as of the effectiveness of such dividend or distribution).

Subdivision, Stock Dividends or Combinations. In case If, while this Warrant is exercisable for shares of Common Stock pursuant to the definition of “Securities”, the Company shall at any time split or subdivide the outstanding shares of Common Stock or shall issue a stock dividend with respect to the Common Stock (through a stock split or otherwise)resulting in the issuance of additional Common Stock, the number of shares of Warrant Stock for which this Warrant is exercisable immediately prior to such event shall be proportionally increased and the Exercise Price in effect immediately prior to such subdivision event shall be proportionately decreased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such subdivision shall be proportionately increased. In case the Company shall at any time combine the outstanding shares of the Common Stock (through a reverse stock split or otherwise)Stock, the number of Shares of Warrant Stock for which this Warrant is exercisable immediately prior to such event shall be proportionally decreased and the Exercise Price in effect immediately prior to such combination event shall be proportionately increased. Such adjustments shall take effect at the close of business on the date of any such subdivision, and dividend or combination, as the case may be. If, at any time after this Warrant becomes exercisable for shares of any other class or kind of securities (other than Common Stock) pursuant to Section 4(b) or 4(c) (“Other Securities”), the Company shall split or subdivide the outstanding shares of such Other Securities or shall issue a stock dividend with respect to such Other Securities resulting in the issuance of additional Other Securities, the number of shares of Warrant Shares Stock for which this Warrant may be exercised is exercisable immediately prior to such combination event shall be proportionally increased and the Exercise Price in effect immediately prior to such event shall be proportionately decreased. In each of the foregoing cases, the adjustment shall be effective automatically upon, and simultaneously with, the effectiveness of the subdivision or combination giving rise to the adjustment. If case the Company shall at any time pays a dividend, or makes any other distribution, to holders of Common Stock payable in combine the outstanding shares of Common Stocksuch Other Securities, or fixes a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in shares of Common Stock, then the number of Shares of Warrant Shares Stock for which this Warrant is exercisable immediately prior to such event shall be proportionally decreased and the Exercise Price in effect immediately prior to such action event shall be proportionately increased so that increased. Such adjustments shall take effect at the Holder hereof may receive upon exercise close of the Warrant the aggregate number of shares of Common Stock which he or it would have owned immediately following such action if the Warrant had been exercised immediately prior to such action. The adjustment shall become effective immediately as of business on the date the Company shall take a record of the holders of its Common Stock for the purpose of receiving any such subdivision, dividend or distribution (or if no such record is takencombination, as of the effectiveness of such dividend or distribution)case may be.