Common use of Extraordinary Events Regarding Common Stock Clause in Contracts

Extraordinary Events Regarding Common Stock. In the event that the Company shall (a) issue additional shares of the Common Stock as a dividend or other distribution on outstanding Common Stock or any preferred stock issued by the Company, (b) subdivide its outstanding shares of Common Stock, or (c) combine its outstanding shares of the Common Stock into a smaller number of shares of the Common Stock (each of the preceding clauses (a) through (c), inclusive, an “Event”), then, on the occurrence of each such event, the number of shares of Common Stock that the Holder shall thereafter be entitled to receive, on the exercise hereof as provided in Section 1, shall be increased or decreased to a number determined by multiplying the number of shares of Common Stock that would, immediately prior to the occurrence of such Event, be issuable upon the exercise of this Warrant by a fraction of which (a) the numerator is the number of issued and outstanding shares of Common Stock immediately after the occurrence of such Event, and (b) the denominator is the number of issued and outstanding shares of Common Stock immediately prior to the occurrence of such Event.

Extraordinary Events Regarding Common Stock. In the event that the Company shall shall: (ai) issue additional shares of the Common Stock as a dividend or other distribution on outstanding Common Stock or any preferred stock issued by the Company, (bii) subdivide its outstanding shares of Common Stock, or (ciii) combine its outstanding shares of the Common Stock into a smaller number of shares of the Common Stock (each of the preceding clauses (ai) through (ciii), inclusive, an “Event”), then, on the occurrence of each such eventEvent, the number of shares of Common Stock that the Holder shall thereafter be entitled to receive, on the exercise hereof as provided in Section 1, of this Warrant shall be increased or decreased to a number determined by multiplying the number of shares of Common Stock that would, immediately prior to the occurrence of such Event, be issuable upon the exercise of this Warrant by a fraction of which which: (aA) the numerator is the number of issued and outstanding shares of Common Stock immediately after the occurrence of such Event, and (bB) the denominator is the number of issued and outstanding shares of Common Stock immediately prior to the occurrence of such Event.