Common use of Number of Preferred Stock Purchaseable in Event of Adjustment Clause in Contracts

Number of Preferred Stock Purchaseable in Event of Adjustment. If the Company does not exercise its election as provided in Section 11(i), then upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11(b) and (c), each Right outstanding immediately prior to the making of such adjustment will evidence the right to purchase, at the adjusted Purchase Price, that number of one one–hundredths of a share of Preferred Stock (calculated to the nearest one ten- thousandth of a share of Preferred Stock) obtained by (A) multiplying (1) the number of one one–hundredths of a share covered by a Right immediately prior to such adjustment by (2) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (B) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Number of Preferred Stock Purchaseable in Event of Adjustment. If the Company does not exercise its election as provided in Section 11(i), then upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11(b) and (c), each Right outstanding immediately prior to the making of such adjustment will evidence the right to purchase, at the adjusted Purchase Price, that number of one one–-hundredths of a share of Preferred Stock (calculated to the nearest one ten- thousandth of a share of Preferred Stock) obtained by (A) multiplying (1) the number of one one–-hundredths of a share covered by a Right immediately prior to such adjustment by (2) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (B) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.