Common use of Reclassification or Reorganization Clause in Contracts

Reclassification or Reorganization. Subject to Section 2(g), in case ---------------------------------- of any reclassification, conversion or capital reorganization of outstanding shares of the Class B Common Stock of Holdings, Holdings shall, as a condition precedent to such reclassification, conversion or capital reorganization, cause effective provisions to be made so that the Holder shall have the right thereafter by exercising this Warrant at any time prior to the expiration of this Warrant, to purchase the kind and amount of shares of stock and other securities and property receivable upon such reclassification, conversion or capital reorganization which would have been deliverable to the Holder of this Warrant on the effective date of the reclassification, conversion or reorganization had the Holder exercised this Warrant immediately prior to the event described in this Section 10. Any such provision shall include provision for subsequent adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Warrant. The foregoing provisions of this Section 10 shall similarly apply to successive reclassifications, conversions or capital reorganizations of shares of the Class B Common Stock.