Common use of Limitations on Adjustment Clause in Contracts

Limitations on Adjustment. Except in the case of a reverse ------------------------- stock split or similar recapitalizing transaction, the Exercise Price shall not be increased as a result of any adjustments set forth in this Article 3 above --------- the Exercise Price which would be in effect had no adjustment ever been made to the Exercise Price in accordance with the terms of this Warrant with respect to the Common Stock, options or convertible securities for which the adjustment in question is being made.