Common use of Dividends, Distributions, Stock Splits, Subdivisions, Reclassifications or Combinations Clause in Contracts

Dividends, Distributions, Stock Splits, Subdivisions, Reclassifications or Combinations. If the Company shall (i) declare a dividend or make a distribution on its Common Stock in shares of Common Stock, (ii) split, subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the number of Shares issuable upon exercise of this Warrant at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be proportionately adjusted so that the Warrantholder after such date shall be entitled to purchase the number of shares of Common Stock, which such Warrantholder would have owned or been entitled to receive on such date had this Warrant been exercised immediately prior to such date. In such event, the Exercise Price in effect at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be adjusted to the number obtained by dividing (x) the product of (1) the number of Shares issuable upon the exercise of this Warrant before such adjustment and (2) the Exercise Price in effect immediately prior to the record or effective date, as the case may be, for such dividend, distribution, split, subdivision, combination or reclassification giving rise to this adjustment by (y) the new number of Shares issuable upon exercise of this Warrant determined pursuant to the immediately preceding sentence.

Dividends, Distributions, Stock Splits, Subdivisions, Reclassifications or Combinations. If the Company shall (i) declare a dividend or make a distribution on its Common Stock Shares in shares of Common StockShares, (ii) split, subdivide subdivide, recapitalize, restructure or reclassify the outstanding shares of Common Stock Shares into a greater number of shares, Common Shares or effect a similar transaction or (iii) combine combine, recapitalize, restructure or reclassify the outstanding Common Stock Shares into a smaller number of sharesCommon Shares or effect a similar transaction, in each case other than upon a transaction to which Section 4.5 or Section 4.6 applies, the number of Common Shares issuable upon exercise of this a Warrant at the time of the record date Record Date for such dividend or distribution or the effective date of such split, subdivision, combination combination, recapitalization, restructuring, reclassification or reclassification similar transaction shall be proportionately adjusted so that the Warrantholder Warrantholder, after such date date, shall be entitled to purchase the number of shares of Common Stock, Shares which such Warrantholder would have owned or been entitled to receive on such date had this such Warrant been exercised immediately prior to such date. In such event, the Exercise Price in effect at the time of the record date Record Date for such dividend or distribution or the effective date of such split, subdivision, combination combination, recapitalization, restructuring, reclassification or reclassification similar transaction shall be adjusted to the number obtained by dividing (x) the product of (1i) the number of Common Shares issuable upon the exercise of this a Warrant before such adjustment and (2ii) the Exercise Price in effect immediately prior to the record Record Date or effective date, as the case may be, for such dividend, distribution, split, subdivision, combination combination, recapitalization, restructuring, reclassification or reclassification similar transaction giving rise to this adjustment by (y) the new number of Common Shares issuable upon exercise of this a Warrant determined pursuant to the immediately preceding sentence.

Dividends, Distributions, Stock Splits, Subdivisions, Reclassifications or Combinations. If the Company shall (i) declare a dividend or make a distribution on its Common Stock in shares of Common Stock, (ii) split, subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the number of Shares issuable upon exercise of this Warrant at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be proportionately adjusted so that the Warrantholder after such date shall be entitled to purchase the number of shares of Common Stock, Stock which such Warrantholder would have owned or been entitled to receive on such date had this Warrant been exercised immediately prior to such date. In such event, the Exercise Price in effect at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be adjusted to the number obtained by dividing (x) the product of (1) the number of Shares issuable upon the exercise of this Warrant before such adjustment and (2) the Exercise Price in effect immediately prior to the record or effective date, as the case may be, for such dividend, distribution, split, subdivision, combination or reclassification giving rise to this adjustment by (y) the new number of Shares issuable upon exercise of this Warrant determined pursuant to the immediately preceding sentence. Notwithstanding anything to the contrary herein, if the Company declares a dividend or makes a distribution on its Common Stock in shares of Common Stock, the Warrantholder may elect, in its sole and absolute discretion, to participate in such dividend or distribution in lieu of receiving the adjustment to the Exercise Price as described in this Section 13(B). In the event of such an election, the dividend or distribution that the Warrantholder is entitled to receive shall be based on the amount of the dividend or distribution that the Warrantholder would have received if it had exercised this Warrant in its entirety immediately prior to the record date of such dividend or distribution, as applicable. For the avoidance of doubt, the election under this Section 13(B) shall have no effect on any provisions of this Warrant other than as expressly set forth in this Section 13(B).

Dividends, Distributions, Stock Splits, Subdivisions, Reclassifications or Combinations. If the Company shall (i) declare a dividend or make a distribution on its Common Series B Preferred Stock in shares of Common Series B Preferred Stock, (ii) split, subdivide or reclassify the outstanding shares of Common Series B Preferred Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Series B Preferred Stock into a smaller number of shares, the number of Shares issuable upon exercise of this Warrant at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be proportionately adjusted so that the Warrantholder after such date shall be entitled to purchase the number of shares of Common Series B Preferred Stock, which such Warrantholder would have owned or been entitled to receive on such date had this Warrant been exercised immediately prior to such date. In such event, the Exercise Price in effect at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be adjusted to the number obtained by dividing (x) the product of (1) the number of Shares issuable upon the exercise of this Warrant before such adjustment and (2) the Exercise Price in effect immediately prior to the record or effective date, as the case may be, for such dividend, distribution, split, subdivision, combination or reclassification giving rise to this adjustment by (y) the new number of Shares issuable upon exercise of this Warrant determined pursuant to the immediately preceding sentence.

Dividends, Distributions, Stock Splits, Subdivisions, Reclassifications or Combinations. If the Company shall (i) declare a dividend or make a distribution on its Common Stock in shares of Common Stock, (ii) split, subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (iii) combine or reclassify the outstanding Common Stock into a smaller number of shares, the number of Shares issuable upon exercise of this Warrant at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be proportionately adjusted so that the Warrantholder after such date shall be entitled to purchase the number of shares of Common Stock, which such Warrantholder would have owned or been entitled to receive on such date had this Warrant been exercised immediately prior to such date. In such event, the Exercise Price in effect at the time of the record date for such dividend or distribution or the effective date of such split, subdivision, combination or reclassification shall be adjusted to the number obtained by dividing (x) the product of (1) the number of Shares issuable upon the exercise of this Warrant before such adjustment and (2) the Exercise Price in effect immediately prior to the record or effective date, as the case may be, for such dividend, distribution, split, subdivision, combination or reclassification giving rise to this adjustment by (y) the new number of Shares issuable upon exercise of this Warrant determined pursuant to the immediately preceding sentence. For purposes of clarity, the payment of a cash dividend or cash distribution shall not result in adjustments to the Exercise Price or the number of Shares issuable upon exercise of this Warrant, and the Warrantholder shall not be entitled to receive cash dividends or cash distributions with respect to any Shares underlying this Warrant unless and until such time as this Warrant is actually exercised. Furthermore, the Warrantholder shall have no rights to the receipt of any cash dividends or cash distributions declared and paid prior to the exercise of this Warrant; the Warrantholder shall only have such rights with respect to cash dividends and cash distributions that are both declared and paid after such time as this Warrant is exercised.

Dividends, Distributions, Stock Splits, Subdivisions, Reclassifications or Combinations. If the Company shall (i) declare a dividend or make a distribution on its Common Stock Shares in shares of Common StockShares, (ii) split, subdivide subdivide, recapitalize, restructure or reclassify the outstanding shares of Common Stock Shares into a greater number of shares, Common Shares or effect a similar transaction or (iii) combine combine, recapitalize, restructure or reclassify the outstanding Common Stock Shares into a smaller number of sharesCommon Shares or effect a similar transaction, the number of Common Shares issuable upon exercise of this a Warrant at the time of the record date Record Date for such dividend or distribution or the effective date of such split, subdivision, combination combination, recapitalization, restructuring, reclassification or reclassification similar transaction shall be proportionately adjusted so that the Warrantholder Warrantholder, after such date date, shall be entitled to purchase the number of shares of Common Stock, Shares which such Warrantholder would have owned or been entitled to receive on such date had this such Warrant been exercised immediately prior to such date. In such event, the Exercise Price per Common Share in effect at the time of the record date Record Date for such dividend or distribution or the effective date of such split, subdivision, combination combination, recapitalization, restructuring, reclassification or reclassification similar transaction shall be adjusted to the number obtained by dividing (x) the product of (1i) the number of Common Shares issuable upon the exercise of this a Warrant before such adjustment and (2ii) the Exercise Price in effect immediately prior to the record Record Date or effective date, as the case may be, for such dividend, distribution, split, subdivision, combination combination, recapitalization, restructuring, reclassification or reclassification similar transaction giving rise to this adjustment by (y) the new number of Common Shares issuable upon exercise of this a Warrant determined pursuant to the immediately preceding sentence.