Common use of Adjustment of Number of Preferred Stock Shares of Common Stock Notices Clause in Contracts

Adjustment of Number of Preferred Stock Shares of Common Stock Notices. The number of [Preferred Stock] [shares of Common Stock] purchasable upon the exercise of each Warrant (the "Exercise Rate") is subject to adjustment from time to time as provided in this Section or as may otherwise be provided in an amendment hereto, subject to Section 6.01 hereof. (a) Dividends or Distributions in [Preferred Stock] [Shares of Common Stock]. In case the Company shall pay or make a dividend or other distribution on [any class or series of Preferred Stock for which Warrants may be exercised] [its Common Stock] in [such Preferred Stock] [shares of its Common Stock], the Exercise Rate in effect at the opening of business on the day following the date fixed for the determination of stockholders entitled to receive such dividend or other distribution shall be increased by dividing such Exercise Rate by a fraction of which the numerator shall be the number of shares of [such Preferred Stock] [Common Stock] outstanding at the close of business on the date fixed for such determination and the denominator shall be the sum of such number of shares and the total number of shares constituting such dividend or other distribution, such increase to become effective immediately after the opening of business on the day following the date fixed for such determination. For the purposes of this paragraph (a), the number of shares of [Preferred Stock] [Common Stock] at any time outstanding shall not include shares held in the treasury of the Company. The Company will not pay any dividend or make any distribution on shares of [Preferred Stock] [Common Stock] held in the treasury of the Company.

Adjustment of Number of Preferred Stock Shares of Common Stock Notices. The number of [Preferred Stock] [shares of Common Stock] purchasable upon the exercise of each Warrant (the "Exercise Rate") is subject to adjustment from time to time as provided in this Section or as may otherwise be provided in an amendment hereto, subject to Section 6.01 hereof. (a) Dividends or Distributions in [Preferred Stock] [Shares of Common Stock]. In case the Company shall pay or make a dividend or other distribution on [any class or series of Preferred Stock for which Warrants may be exercised] [its Common Stock] in [such Preferred Stock] [shares of its Common Stock], the Exercise Rate in effect at the opening of business on the day following the date fixed for the determination of stockholders entitled to receive such dividend or other distribution shall be increased by dividing such Exercise Rate by a fraction of which the numerator shall be the number of shares of [such Preferred Stock] [Common Stock] outstanding at the close of business on the date fixed for such determination and the denominator shall be the sum of such number of shares and the total number of shares constituting such dividend or other distribution, such increase to become effective immediately after the opening of business on the day following the date fixed for such determination. For the purposes of this paragraph (a), the number of shares of [Preferred Stock] [Common Stock] at any time outstanding shall not include shares held in the treasury of the Company. The Company will not pay any dividend or make any distribution on shares of [Preferred Stock] [Common Stock] held in the treasury of the Company.