Common use of Adjustment for Reclassification, Exchange, or Substitution Clause in Contracts

Adjustment for Reclassification, Exchange, or Substitution. If Series BB Preferred Stock issuable upon the exercise of the Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of each Warrant Share shall have the right thereafter to convert such Warrant Share into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Series BB Preferred Stock for which the Warrant might have been exercised immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series BB Preferred Stock issuable upon the exercise of the Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or of stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of each Warrant Share such share of Series BB Preferred Stock shall have the right thereafter to convert such Warrant Share share into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series BB Preferred Stock for which the Warrant might have been exercised converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.