Common use of Reclassification or Reorganization Clause in Contracts

Reclassification or Reorganization. If the shares of Common Stock issuable upon the conversion of this Note shall be changed into the same or different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a split or subdivision provided for in Section 6(i) above or a combination of shares provided for in Section 6(ii) above), then and in each such event the Payee shall be entitled to receive upon the conversion of this Note the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification or other change, to which a holder of the number of shares of Common Stock issuable upon the conversion of this Note would have received if this Note had been converted immediately prior to such reorganization, reclassification or other change, all subject to further adjustment as provided herein.