Common use of Adjustment for Recapitalization Clause in Contracts

Adjustment for Recapitalization. If the Company shall at any time combine or subdivide its outstanding shares of Common Stock (or other securities at the time receivable upon the exercise of the Underwriter's Warrants) by recapitalization, reclassification, split-up, combination or reverse split thereof, the Exercise Price per Warrant Share subject to the Underwriter's Warrants immediately prior to such combination or subdivision shall be proportionately increased or decreased, as the case may be. Any such adjustment and adjustment to the Exercise Price pursuant to this Section 11.1 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. Whenever the number of shares of Common Stock purchasable upon the exercise of the Underwriter's Warrants is adjusted, as provided in this Section 11, 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.

Adjustment for Recapitalization. If the Company shall at any time combine or subdivide its outstanding shares of Common Stock (or other securities Other Securities at the time receivable upon the exercise of the Underwriter's WarrantsWarrant) by recapitalization, reclassification, or split-upup thereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of shares of Common Stock (or Other Securities) subject to this Warrant immediately prior to such subdivision shall be proportionately increased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification, or combination or reverse split thereof, the Exercise Price per Warrant Share number of shares of Common Stock subject to the Underwriter's Warrants this Warrant immediately prior to such combination or subdivision shall be proportionately increased or decreased, as the case may be. Any such adjustment and adjustment to the Exercise Price pursuant to this Section 11.1 7.1 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, distribution then the effective date for such adjustment based thereon shall be the record date therefor. Whenever the number of shares of Common Stock purchasable upon the exercise of the Underwriter's Warrants this Warrant is adjusted, as provided in this Section 117.1, 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.

Adjustment for Recapitalization. If the Company shall at any time combine or subdivide its outstanding shares of Common Stock (or other securities at the time receivable upon the exercise of the UnderwriterAdvisor's WarrantsWarrant) by recapitalization, reclassification, split-up, combination or reverse split thereof, the Exercise Price per share of the Advisor's Warrant Share subject to the UnderwriterAdvisor's Warrants Warrant immediately prior to such combination or subdivision shall be proportionately increased or decreased, as the case may be. Any such adjustment and adjustment to the Exercise Price pursuant to this Section 11.1 8(a) 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. Whenever the number of shares of Common Stock purchasable upon the exercise of the UnderwriterAdvisor's Warrants Warrant is adjusted, adjusted as provided in this Section 118(a), 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.

Adjustment for Recapitalization. If the Company shall at any time combine or subdivide its outstanding shares of Common Stock (or other securities at the time receivable upon the exercise of the Underwriter's WarrantsWarrant) by recapitalization, reclassification, reclassification or split-upup thereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of shares of Common Stock subject to this Warrant immediately prior to such subdivision shall be proportionately increased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination or reverse split thereof, the Exercise Price per Warrant Share number of shares of Common Stock subject to the Underwriter's Warrants this Warrant immediately prior to such combination or subdivision shall be proportionately increased or decreased, as the case may be. Any such adjustment adjustment, and any adjustment to the Exercise Price pursuant to this Section 11.1 5.1; 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, distribution then the effective date for such adjustment based thereon shall be the record date therefor. Whenever the number of shares of Common Stock purchasable upon the exercise of the Underwriter's Warrants this Warrant is adjusted, as provided in this Section 115.1, 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.

Adjustment for Recapitalization. If the Company shall at any time combine or after the date of this Warrant subdivide its outstanding shares of Common Stock (or other securities Other Securities at the time receivable upon the exercise of the Underwriter's WarrantsWarrant) by recapitalization, reclassification, or split-upup thereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of shares of Common Stock (or Other Securities) subject to this Warrant immediately prior to such subdivision shall be proportionately increased, and if the Company shall at any time after the date of this Warrant combine the outstanding shares of Common Stock by recapitalization, reclassification, or combination or reverse split thereof, the Exercise Price per Warrant Share number of shares of Common Stock subject to the Underwriter's Warrants this Warrant immediately prior to such combination or subdivision shall be proportionately increased or decreased, as the case may be. Any such adjustment and adjustment to the Exercise Price pursuant to this Section 11.1 8.2 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, distribution then the effective date for such adjustment based thereon shall be the record date therefor. Whenever the number of shares of Common Stock purchasable upon the exercise of the Underwriter's Warrants this Warrant is adjusted, as provided in this Section 118.2, 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.