Common use of Adjustment of Warrant Price and Number of Shares Issuable Upon Exercise Clause in Contracts

Adjustment of Warrant Price and Number of Shares Issuable Upon Exercise. Except in the case of shares issued as a stock dividend described in Section 3.6, issued upon a stock split or combination as described in Section 3.5, if the Company shall at any time after the Original Issue Date issue Additional Shares of Common Stock (including Additional Shares of Common Stock deemed to be issued pursuant to Section 3.2 hereof) without consideration or for a consideration per share less than the Warrant Price on the date of and immediately prior to such issue, then and in such event, the Warrant Price of each Warrant shall be decreased, concurrently with such issue to an amount equal to the consideration per share received by the Company for the Additional Shares of Common Stock so issued or deemed issued. If the Warrant Price shall be so reduced or if the Warrant Price is reduced as a result of a Book Value Adjustment, then the number of shares of Common Stock issuable upon exercise of this Warrant shall be increased as of such reduction to the product obtained by multiplying the number of shares of Common Stock originally issuable upon exercise of this Warrant by a fraction: - the numerator of which shall be the original Warrant Price, and - the denominator of which shall be the Warrant Price in effect immediately after the time of such issuance.

Adjustment of Warrant Price and Number of Shares Issuable Upon Exercise. Except in the case of shares issued as a stock dividend described in Section 3.6, issued upon a stock split or combination as described in Section 3.5, if the Company shall at any time after the Original Issue Date issue Additional Shares of Common Stock (including Additional Shares of Common Stock deemed to be issued pursuant to Section 3.2 hereof) without consideration or for a consideration per share less than the Warrant Price on the date of and immediately prior to such issue, then and in such event, the Warrant Price of each Warrant shall be decreased, concurrently with such issue to an amount equal to the ------------------------------------------------------ CUSIP No. ▇▇▇▇▇▇▇▇▇ ------------------------------------------------------ consideration per share received by the Company for the Additional Shares of Common Stock so issued or deemed issued. If the Warrant Price shall be so reduced or if the Warrant Price is reduced as a result of a Book Value Adjustment, then the number of shares of Common Stock issuable upon exercise of this Warrant shall be increased as of such reduction to the product obtained by multiplying the number of shares of Common Stock originally issuable upon exercise of this Warrant by a fraction: - the numerator of which shall be the original Warrant Price, and - the denominator of which shall be the Warrant Price in effect immediately after the time of such issuance.