Stock Dividends and Splits. If the Company, at any time while this Warrant is outstanding: # pays a stock dividend or otherwise makes a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon exercise of this Warrant), # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues by reclassification of shares of the Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event, and the number of Warrant Shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Splits. If the Company, at any time while this Warrant is outstanding: # pays a stock dividend or otherwise makes a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon exercise of this Warrant), # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues by reclassification of shares of the Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event, and the number of Warrant Sharesshares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(2(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Splits. If the Company, at any time while this Warrant is outstanding: # pays a stock dividend or otherwise makes a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon exercise of this Warrant)Warrant or pursuant to any of the other Transaction Documents), # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of reverse stock split) outstanding shares of Common Stock into a smaller number of sharesshares, or # issues by reclassification of shares of the Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event, and the number of Warrant Sharesshares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Splits. If the Company, at any time while this Warrant is outstanding: # pays a stock dividend or otherwise makesmake a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common StockWarrant Shares issued by the Company upon exercise of this Warrant), # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues by reclassification of shares of the Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event,event and the number of Warrant Sharesshares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(4(a) shall become effective immediately after the record date for the determination of stockholdersshareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Splits. If the Company, at any time while this Warrant is outstanding:outstanding, # pays a stock dividend on its Common Stock or otherwise makes a distribution or distributions on sharesany class of its Common Stock or any other equity or equity equivalent securitiescapital stock that is payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon exercise of this Warrant),Stock, # subdivides its outstanding shares of Common Stock into a larger number of shares,shares of Common Stock, # combines (including by way of reverse stock split)its outstanding shares of Common Stock into a smaller number of shares of Common Stock or # issues by reclassification of shares of thecapital stock any additional shares of Common Stock any shares of capital stock of the Company, then in each such case the Exercise Price shall be multiplied by a fractionfraction, the numerator of which the numerator shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and the denominator of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event, and the number of Warrant Shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged.event. Any adjustment made pursuant to clause (i) of this Section 3(a)paragraph shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distributiondistribution; provided, however, that if such record date shall have been fixed and such dividend is not fully paid on the date fixed therefor, the Exercise Price shall be recomputed accordingly as of the close of business on such record date and thereafter the Exercise Price shall be adjusted pursuant to this paragraph as of the time of actual payment of such dividends. Any adjustment pursuant to clause (ii) or (iii) of this paragraph shall become effective immediately after the effective date in the case of a subdivision, combinationsuch subdivision or re-classification.combination.

Stock Dividends and Splits.Dividends, Splits, Etc. If the Company, at any time while this Warrant is outstanding: #Company declares or pays a stock dividend or otherwise makes a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon exercise of this Warrant), # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues by reclassification of shares of the Common Stock any shares of capital stockpayable in securities of the Company, then inupon exercise of this Warrant, for each caseShare acquired, Holder shall receive, without additional cost to Holder, the Exercisetotal number and kind of securities which Holder would have received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Common Stock by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be multipliedproportionately decreased. If the outstanding shares of the Common Stock are combined or consolidated, by reclassification or otherwise, into a fractionlesser number of whichshares, the numeratorWarrant Price shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event,proportionately increased and the number of Warrant Shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.decreased.

Stock Dividends and Splits.Other Distributions. If the Company,Company at any time while this Warrant is outstanding:outstanding and unexpired shall # payspay a stock dividend or otherwise makes a distribution or distributions on shares of its Commonwith respect to Applicable Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon exercise of this Warrant), # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues by reclassification of shares of the Common Stock any shares of capital stock of the Company,Applicable Stock, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such eventadjusted, from and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event, and the number of Warrant Shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for theof determination of stockholdersshareholders entitled to receive such dividend or distributiondistribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction # the numerator of which shall be the total number of shares of Applicable Stock outstanding immediately prior to such dividend or distribution, and # the denominator of which shall become effectivebe the total number of shares of Applicable Stock outstanding immediately after such dividend or distribution; or # make any other distribution with respect to Applicable Stock (except any distribution specifically provided for in Section 5(a) and Section 5(b)), then, in each such case, provision shall be made by the effectiveCompany such that the Holder shall receive upon exercise of this Warrant a proportionate share of any such dividend or distribution as though it were the holder of the Applicable Stock (or Common Stock issuable upon conversion thereof) as of the record date infixed for the casedetermination of a subdivision, combinationthe shareholders of the Company entitled to receive such dividend or re-classification.distribution.

Stock Dividends and Splits. IfIn case the Company, at any time while this Warrant is outstanding:Company shall # payspay a stock dividend or otherwise makes a distribution or distributions on its outstanding shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidanceor make a distribution of doubt, shall not include any shares of Common Stock issued by the Company upon exerciseon its outstanding shares of this Warrant),Common Stock, # subdividesmake a distribution on its outstanding shares of Common Stock in shares of its capital stock other than Common Stock, # subdivide its outstanding shares of Common Stock into a largergreater number of shares,shares of Common Stock, # combines (including by way of reverse stock split)combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock, or # issuesissue, by reclassification of shares of the Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number ofits shares of Common Stock (excluding treasury shares, if any) outstanding immediately beforeStock, other securities of the Company (including any such event and ofreclassification in connection with a consolidation or merger in which the denominator shall beCompany is the number of shares of Common Stock outstanding immediately after such event, andsurviving entity), then the number of Warrant Shares issuableacquirable upon exercise of this Warrant immediately prior thereto shall be proportionately adjusted suchso that the aggregate Exercise PriceWarrant Holder shall be entitled to receive the kind and number of this Warrant shall remain unchanged. AnyShares or other securities of the Company which such Warrant Holder would have owned or have been entitled to receive upon the happening of any of the events described above had such Warrant been exercised in full immediately prior to the happening of such event or any record date with respect thereto. An adjustment made pursuant to this Section 3(a)paragraph # shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effectiveevent or, if none, immediately after the effective date in the case of a subdivision, combination or re-classification.such event. Such adjustment shall be made successively whenever such an event occurs.

Stock Dividends and Splits.Dividends, Splits, Etc. If the Company, at any time while this Warrant is outstanding: #Company declares or pays a stock dividend or otherwise makes a distribution or distributions on the outstanding shares of its Common Stock or any other equity or equity equivalent securitiesthe Class payable in additional shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the CompanyClass or other securities or property (other than cash), then upon exercise of this Warrant), #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 occurred. If the Company subdivides the outstanding shares of Common Stockthe Class by reclassification or otherwise into a largergreater number of shares, # combines (including by way of reverse stock split) outstanding shares of Common Stock into a smallerthe number of shares or # issues by reclassification of shares of the Common Stock any shares of capital stock of the Company, then in each caseShares purchasable hereunder shall be proportionately increased and the Exercise Price shall be multipliedproportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a fractionlesser number of whichshares, the numeratorExercise Price shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event,proportionately increased and the number of Warrant Shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.decreased.

Stock Dividends and Splits.Capital Adjustments. If the Company,Company shall at any time whileprior to the expiration of this Warrant is outstanding: # pays asubdivide the Common Stock, by split-up or stock dividendsplit, or otherwise makes a distributionotherwise, or distributions oncombine its Common Stock, or issue additional shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon exercise of this Warrant), # subdivides outstanding shares of Common Stock intoas a larger number of shares, # combines (including by way of reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues by reclassification of shares of the Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event, anddividend, the number of Warrant Shares issuable upon the exercise of this Warrant shall forthwith be automatically increased proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, split or stock dividend, or proportionately decreased in the case of a combination. Appropriate adjustments shall also be made to the Exercise Price and other applicable amounts, but the aggregate purchase price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 5.1 shall become effective automatically at the close of business on the date the subdivision or combination becomes effective, or re-classification.as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.