Common use of Stock Splits and Combinations Clause in Contracts

Stock Splits and Combinations. If the Company, at any time while this Warrant is outstanding (i) pays a stock dividend on its Common Stock or otherwise makes a distribution on any class of capital stock that is payable in shares of Common Stock, (ii) subdivides its outstanding shares of Common Stock into a larger number of shares, or (iii) combines its outstanding shares of Common Stock into a smaller number of shares, then in each such case the Exercise Price shall be multiplied by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately before such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to clause (i) of this paragraph shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution, and any adjustment pursuant to clause (ii) or (iii) of this Section 2(b) shall become effective immediately after the effective date of such subdivision or combination.

Stock Splits and Combinations. If the Company, at any time while this Warrant is outstanding (i) pays a stock dividend on its Common Stock or otherwise makes a distribution on any class of capital stock that is payable in shares of Common Stock, (ii) subdivides its outstanding shares of Common Stock into a larger number of shares, or (iii) combines its outstanding shares of Common Stock into a smaller number of shares, then in each such case the Exercise Price shall be multiplied by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately before such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to clause (i) of this paragraph shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution, and any adjustment pursuant to clause (ii) or (iii) of this Section 2(b3(b) shall become effective immediately after the effective date of such subdivision or combination.

Stock Splits and Combinations. If the Company, at any time while this Warrant is outstanding after the fixed Exercise Price has been established, (i) pays a stock dividend on its Common Stock or otherwise makes a distribution on any class of capital stock that is payable in shares of Common Stock, (ii) subdivides its outstanding shares of Common Stock into a larger number of shares, or (iii) combines its outstanding shares of Common Stock into a smaller number of shares, then in each such case the Exercise Price shall be multiplied by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately before such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to clause (i) of this paragraph shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution, and any adjustment pursuant to clause (ii) or (iii) of this Section 2(b3(b) shall become effective immediately after the effective date of such subdivision or combination.

Stock Splits and Combinations. If In case the Company, at any time while this Warrant is outstanding Company shall (i) pays pay a stock dividend on its Common Stock or otherwise makes a distribution on any class of capital stock that is payable in shares of Common StockOrdinary Shares to all holders of Ordinary Shares, (ii) subdivides its make a distribution in shares of Ordinary Shares to all holders of Ordinary Shares, (iii) subdivide the outstanding shares of Common Stock Ordinary Shares into a larger greater number of sharesshares of Ordinary Shares, or (iiiiv) combines its combine the outstanding shares of Common Stock Ordinary Shares into a smaller number of sharesshares of Ordinary Shares, then the Conversion Price in each effect immediately prior to such case the Exercise Price action shall be multiplied by a fraction, the numerator of which shall be the number of shares of Common Stock Ordinary Shares outstanding immediately before such event event, and the denominator of which shall be the number of shares of Common Stock Ordinary Shares outstanding immediately after such event. Any adjustment made pursuant to clause (ithis Section 4(a) of this paragraph shall become effective immediately after the record date for in the determination case of stockholders entitled to receive such a dividend or distribution, distribution and any adjustment pursuant to clause (ii) or (iii) of this Section 2(b) shall become effective immediately after the effective date in the case of such a subdivision or combination.