Adjusted Exercise Price

Adjusted Exercise Price. As of the Adjustment Date, the lower of (i) the Exercise Price then in effect and (ii) (x) the applicable Installment Percentage (as defined in the Notes) multiplied by (y) the quotient of (A) the sum of the three (3) lowest VWAP of the Common Stock on any Trading Day during the twenty (20) consecutive Trading Day period ending on and including such date of determination, divided by (B) three (3). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock... combination or other similar transaction during any such measuring period. View More