Common use of Common Stock Reorganization Clause in Contracts

Common Stock Reorganization. (a) If Company shall subdivide its outstanding shares of Common Stock into a greater number of shares of Common Stock or consolidate its outstanding shares of Common Stock into a smaller number of shares of Common Stock (any such event being called a “Stock Reorganization”), then, the number of Stock Units for which the Warrant Stock Units may be exercised shall automatically be adjusted, effective at such time, to a number determined by multiplying the number of Stock Units for which the Warrant Stock Units could be exercised immediately before such Stock Reorganization by a fraction, the numerator of which shall be the number of Stock Units outstanding after giving effect to such Stock Reorganization and the denominator of which shall be the number of Stock Units outstanding immediately before such Stock Reorganization. (b) In the event of any Stock Reorganization, the Exercise Price of the Warrants shall be adjusted so that the aggregate exercise price of all the Warrants shall not exceed the aggregate exercise price on the date of the original issuance thereof.