Common use of Stock Split and Reverse Stock Split Clause in Contracts

Stock Split and Reverse Stock Split. If the Company at any time or from time to time after the Issue Date effects a subdivision of the Common Stock (or any other securities that are at the time receivable upon exercise of this Warrant), the Purchase Price shall be proportionately decreased and the number of Warrant Shares issuable upon exercise of this Warrant shall be proportionately increased. If the Company at any time or from time to time after the Issue Date combines the outstanding shares of Common Stock (or any other securities that are at the time receivable upon exercise of this Warrant) into a smaller number of shares, the Purchase Price shall be proportionately increased and the number of Warrant Shares issuable upon exercise of this Warrant shall be proportionately decreased. Each adjustment under this Section 3(c) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Stock Split and Reverse Stock Split. If the Company at any time or from time to time after the Issue Date effects a subdivision of the outstanding Common Stock (or any other securities that are at the time receivable upon exercise of this Warrant)Stock, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased and the number of Warrant Shares issuable shares of Common Stock theretofore receivable upon the exercise of this Warrant shall be proportionately increased. If the Company at any time or from time to time after the Issue Date combines the outstanding shares of Common Stock (or any other securities that are at the time receivable upon exercise of this Warrant) into a smaller number of shares, the Purchase Price then in effect immediately before that combination shall be proportionately increased and the number of Warrant Shares issuable shares of Common Stock theretofore receivable upon the exercise of this Warrant shall be proportionately decreased. Each adjustment under this Section 3(c3(d) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Stock Split and Reverse Stock Split. If the Company at any time or from time to time after the Issue Date effects a subdivision of the Common Stock (or any other securities that are at the time receivable outstanding capital stock issuable upon exercise of this Warrant), the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased and the number of Warrant Shares issuable shares of capital stock theretofore receivable upon the exercise of this Warrant shall be proportionately increased. If the Company at any time or from time to time after the Issue Date combines the outstanding shares of Common Stock (or any other securities that are at the time receivable upon exercise of this Warrant) capital stock into a smaller number of shares, the Purchase Price then in effect immediately before that combination shall be proportionately increased and the number of Warrant Shares issuable shares of capital stock theretofore receivable upon the exercise of this Warrant shall be proportionately decreased. Each adjustment under this Section 3(c3(d) shall become effective at the close of business on the date the subdivision or combination becomes effective.