Common use of Weighted Average Adjustment Clause in Contracts

Weighted Average Adjustment. If the Company issues additional --------------------------- common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue, the Warrant Price shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction. (a) the numerator of which is the amount of common stock outstanding immediately before such Issue plus the amount of common stock that the aggregate consideration received by the Company for the additional common shares would purchase at the Warrant Price in effect immediately before such Issue and (b) the denominator of which is the amount of common stock outstanding immediately before such issue plus the number of such additional common shares. Upon each adjustment of the Warrant Price, the Number of Shares issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Weighted Average Adjustment. If the Company issues additional --------------------------- common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue, the Warrant Price issue shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction.: (a) the numerator of which is the amount of common stock outstanding immediately before such Issue plus the amount of common stock that the aggregate consideration received by the Company for the additional common shares would purchase at the Warrant Price in effect immediately before such Issue Issue, and (b) the denominator of which is the amount of common stock outstanding immediately before such issue plus the number of such additional common shares. Upon each adjustment of the Warrant Price, the Number number of Shares issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Weighted Average Adjustment. If the Company issues additional --------------------------- common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue, then the applicable Warrant Price shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction.: (a) the numerator of which is the amount of common stock outstanding immediately before such Issue plus the amount of common stock that the aggregate consideration received by the Company for the additional common shares would purchase at the Warrant Price in effect immediately before such Issue Issue, and (b) the denominator of which is the amount of common stock outstanding immediately before such issue plus the number of such additional common shares. Upon each adjustment of the Warrant Price, the Number number of Shares issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Weighted Average Adjustment. If the Company issues additional --------------------------- common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue, the Warrant Price shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction.: (a) the numerator of which is the amount of common stock outstanding immediately before such Issue plus the amount of common stock that the aggregate consideration received by the Company for the additional common shares would purchase at the Warrant Price in effect immediately before such Issue Issue, and (b) the denominator of which is the amount of common stock outstanding immediately before such issue plus the number of such additional common shares. Upon each adjustment of the Warrant Price, the Number number of Shares issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Weighted Average Adjustment. If the Company issues additional --------------------------- common shares (including shares of common stock ultimately issuable upon conversion of a security convertible into common stock) solely in connection with a debt or equity financing in connection with a capital raising transaction after the date of the Warrant (and other than in connection with equipment lease financing where warrants are issued with exercise prices equal to fair market value) and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue, the Warrant Price issue shall be reduced, concurrently with such Issue, to a price determined by multiplying the Warrant Price by a fraction.: (a) the numerator of which is the amount of common stock outstanding immediately before such Issue plus the amount of common stock that the aggregate consideration received by the Company for the additional common shares would purchase at the Warrant Price in effect immediately before such Issue Issue, and (b) the denominator of which is the amount of common stock outstanding immediately before such issue plus the number of such additional common shares. Upon each adjustment of the Warrant Price, the Number number of Shares issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.