Common use of Subdivision of Common Stock Clause in Contracts

Subdivision of Common Stock. During the Exercise Period, if the Company subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) any shares of Common Stock into a greater number of shares, then, after the date of record for effecting such subdivision, the number of shares of Common Stock issuable upon exercise of this Warrant shall be proportionally increased so that the percentage of Warrant Shares, after the subdivision, of the total number of shares of Common Stock will be equal to the percentage of Warrant Shares, immediately prior to such subdivision, of the total number of shares of Common Stock immediately prior to such subdivision. In addition, the Exercise Price shall be proportionally decreased to appropriately reflect such subdivision.