Common use of Exercise Price Adjustments Clause in Contracts

Exercise Price Adjustments. The Exercise Price hereof shall be subject to adjustment at any time when this Warrant is issued and outstanding, in the following manner (i) the Exercise Price shall be proportionately reduced if the number of outstanding shares of Common Stock, as a class, is increased by a stock split, stock dividend, reclassification or other similar event; and (ii) the Exercise Price shall be proportionately increased if the number of outstanding shares of Common Stock, as a class, is decreased by a reverse stock split, combination or reclassification of shares, or other similar event.