Adjustment to Exercise Price on Cash Dividend. In the event that the Company at any time or from time to time prior to the exercise in full of this Warrant pays any cash dividend on the outstanding shares of the Class or makes any cash distribution on or in respect of all outstanding shares of the Class (other than a distribution of cash proceeds received by the Company in connection with an Acquisition described in Section 2.6(a)(i) above), then on and as of the date of each such dividend payment and/or distribution, the Exercise Price shall be reduced by an amount equal to the amount paid or distributed upon or in respect of each outstanding share of the Class; provided that in no event shall the Exercise Price be reduced below the then-par value, if any, of a share of the Class.
Adjustment to Exercise Price on Cash Dividend. In the event thatStock Dividends, Splits, Etc. If the Company at any timedeclares or from time to time prior to the exercise in full of this Warrant pays any casha dividend or distribution on the outstanding shares of the Class payable in additional shares of the Class or makes any cashother securities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities and property which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution on or in respect of alloccurred. If the Company subdivides the outstanding shares of the Class (other thanby reclassification or otherwise into a distributiongreater number of cash proceeds received byshares, the Company in connection with an Acquisition described in Section 2.6(a)(i) above), then onnumber of Shares purchasable hereunder shall be proportionately increased and as of the date of each such dividend payment and/or distribution, the Exercise Price shall be reduced by an amount equal toproportionately decreased. If the amount paid or distributed upon or in respect of each outstanding shareshares of the Class; provided that in no event shallClass are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Exercise Price shall be reduced belowproportionately increased and the then-par value, if any,number of a share of the Class.Shares shall be proportionately decreased.
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