Common use of Adjustment for Common Stock Issue Clause in Contracts

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Fair Value per share on the date the Company fixes the offering price of such additional shares, the Exercise Price shall be adjusted in accordance with the formula: P - E' = E x O + M ---------- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. 0 = the number of shares outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the Fair Value per share on the date of issuance of such additional shares. A = the number of shares outstanding immediately after the issuance of such additional shares.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Fair Value per share on the date the Company fixes the offering price of such additional shares, the Exercise Price shall be adjusted in accordance with the formula: P - ----- E' = E x O + M ---------- ------------------- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. 0 O = the number of shares outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the Fair Value per share on the date of issuance of such additional shares. A = the number of shares outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Fair Value current market price per share on the date the Company fixes the offering price of such additional shares, the Exercise Current Warrant Price shall be adjusted in accordance with the formula: P - E' : (1) = E x W * ((O * M) + M ---------- P) / (A where: E' * M) (1) = the adjusted Exercise Current Warrant Price. E W = the then current Exercise Current Warrant Price. 0 O = the number of shares outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the Fair Value current market price per share on the date of issuance of such additional shares. . A = the number of shares outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Fair Value current market price per share on the date the Company fixes the offering price of such additional shares, the Exercise Price shall be adjusted in accordance with the formula: P - E' = E x O + M ---------- ------- A where: E' = E'= the adjusted Exercise Price. E = the then current Exercise Price. 0 O = the number of shares outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the Fair Value current market price per share on the date of issuance of such additional shares. . A = the number of shares outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Fair Value per share on the date the Company fixes the offering price of such additional shares, the Exercise Price shall be adjusted in accordance with the formula: P - --- E' = E x O + M ---------- ----------- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. 0 O = the number of shares outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the Fair Value per share on the date of issuance of such additional shares. A = the number of shares outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Fair Value Current Market Price per share on the date the Company fixes the offering price of such additional shares, the Exercise Price shall be adjusted in accordance with the formula: P - --- E' = x E x O S + M ---------- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. 0 S = the number of shares outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the Fair Value Current Market Price per share on the date of issuance of such additional shares. A = the number of shares outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made and shall become effective immediately after such issuance.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Fair Value per share on the date the Company fixes the offering price of such additional shares, the Exercise Price shall be adjusted in accordance with the formula: P - ----- E' = E x O + M ---------- ------------------- A where: E' = E'= the adjusted Exercise Price. E = the then current Exercise Price. 0 O = the number of shares outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the Fair Value per share on the date of issuance of such additional shares. A = the number of shares outstanding immediately after the issuance of such additional shares.. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to: