Common use of Adjustments for Stock Splits and Combinations Clause in Contracts

Adjustments for Stock Splits and Combinations. If the Company shall at any time or from time to time after the Original Issue Date effect a subdivision of the outstanding Common Stock, the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.

Adjustments for Stock Splits and Combinations. If the Company shall at any time or from time to time after the Original Issue Date effect a subdivision stock split of the outstanding Common Stock, the Exercise Price then in effect immediately before that subdivision prior to the stock split shall be proportionately decreased. If the Company shall at any time or from time to time after the Original Issue Date time, combine the outstanding shares of Common Stock, the Exercise Price then in effect immediately before prior to the combination shall be proportionately increased. Any adjustment adjustments under this paragraph Section 3(a) shall become be effective at the close of business on the date the subdivision stock split or combination becomes effectiveoccurs.