Reverse Split

Reverse Split. Means an amendment and restatement of the Company's Articles of Incorporation for the purpose of effecting a one-for-four reverse split of the Common Stock -2- and an increase in authorized capital to 80 million shares of Common Stock and 20 million shares of preferred stock (post-Reverse Split).

Reverse Split. Means a one-for-10 reverse split of the Common Stock that does not alter the number of shares of Common Stock the Company is authorized to issue.

Reverse Split. Means that certain reverse split in respect of the shares Common Stock of the Company in which each approximately 11.226 shares of Common Stock prior to such reverse split shall be exchanged for one share of Common Stock after such reverse split to be effected by the Company as promptly as practicable after the Issuance Date.

Reverse Split. Means the one-for-fifty (1-for-50) reverse stock split of the Common Stock to be effected by the Company pursuant to Section 3.19 of the Purchase Agreement.

Reverse Split. Means the one-for-fifty (1-for-50) reverse stock split of the Common Stock to be effected by the Company pursuant to Section 5.02(d)(xviii) of the Share Exchange Agreement.

Reverse Split. Means a one-for-four to one-for-fifteen reverse split of the Common Stock, as determined by the Board of Directors of the Company.

Reverse Split. Shall mean the one-for-ten reverse split of Hanover's Capital Stock consisting of common stock referred to in the Revised Preliminary Proxy Statement of Hanover filed with the SEC on June 23, 2004.

Reverse Split. Means a reverse split of the Common Stock as determined by the Company's Board of Directors in the good faith exercise of its business judgment which would achieve, immediately after giving effect thereto, a per share market price of at least $4.00, but in any event no less than one-for-50.

Reverse Split. Means a reverse split of the outstanding Common Stock at a ratio determined in good faith by the Company's Board of Directors based on market conditions and other factors it deems relevant and subject to the reasonable approval of the SSF Investors; provided, however, that the split ratio shall be sufficient to yield an immediate post-split adjusted price per share of Common Stock of not less than 150% of the minimum bid price required to list the Common Stock on The NASDAQ Capital Market.

Reverse Split. A one for one hundred (1:100) reverse split of the Company's Common Stock approved by the Board on February 7, 2014