Common use of Tax Adjustments Clause in Contracts

Tax Adjustments. The Company may make such reductions in the Exercise Price or increase in the number of Common Stock to be received by any Holder upon the exercise or exchange of this Warrant, in addition to those adjustments required by this Section 4, as it in its sole discretion shall determine to be advisable in order that any consolidation or subdivision of the Common Stock, or any issuance wholly for cash of any shares of Common Stock, or any issuance wholly for cash of shares of Common Stock or Convertible Securities, or any stock dividend, or any issuance of Stock Purchase Rights hereinafter made by the Company to the holders of its Common Stock shall not be taxable to such holders.

Tax Adjustments. The Company may make such reductions in the Exercise Price or increase in the number of Common Stock to be received by any Holder upon the exercise or exchange of this Warrant, in addition to those adjustments required by this Section 4, as it in its sole discretion shall determine to be advisable in order that any consolidation or subdivision of the Common Stock, or any issuance wholly for cash of any shares of Common Stock, or any issuance wholly for cash of shares of Common Stock or Convertible Con vertible Securities, or any stock dividend, or any issuance of Stock Purchase Rights hereinafter made by the Company to the holders of its Common Stock shall not be taxable to such holders.