Common use of Adjustment of Exercise Rate Clause in Contracts

Adjustment of Exercise Rate. The number of Warrant Shares --------------------------- for which a Warrant may be exercised (the "Exercise Rate") is subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 10. For purposes of this Section 10, "Common Stock" means shares now or hereafter authorized of any class of common stock of the Company, including the Common Stock, and any other stock of the Company, howsoever designated, authorized after this date hereof, has the right (subject always to prior rights of any class or series of preferred stock) to participate in any distribution of the assets and earnings of the Company without limit as to per share amount.

Adjustment of Exercise Rate. The number of Warrant Shares --------------------------- for which a Warrant may be exercised (the "Exercise Rate") is subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 10. For purposes of this Section 10, "Common Stock" means shares now or hereafter authorized of any class of common stock of the Company, including the Common Stock, and any other stock of the Company, howsoever designated, authorized after this date hereof, has the right (subject always to prior rights of any class or series of preferred stock) to participate in any distribution of the assets and earnings of the Company without limit as to per share amount.

Adjustment of Exercise Rate. The number of Warrant Shares --------------------------- for which a Warrant may be exercised (the "Exercise Rate") is subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 10. For purposes of this Section 10, "Common StockCOMMON STOCK" means shares now or hereafter authorized of any class of common stock of the Company, including the Common Stock, and any other stock of the Company, howsoever designated, authorized after this date hereof, has the right (subject always to prior rights of any class or series of preferred stock) to participate in any distribution of the assets and earnings of the Company without limit as to per share amount.