definiens: means, with respect to shares of Marinus ’s capital stock, that the total number of issuedand outstanding shares of Marinus ’s capital stock shall be calculated to assume ( i ) the conversion of all issued andoutstanding securities of Marinus which are convertible into shares of common stock of Marinus, par value $ 0.001 pershare, ( ii ) the exercise of all then outstanding options, warrants and any other rights to purchase shares of capitalstock of Marinus ( whether or not then exercisable ) and ( iii ) the issuance or grant of all securities reserved for issuancepursuant to any stock, stock option or other rights plan in effect on the date of the calculation ; provided however, thatany such calculation shall, in the event of any stock split, stock dividend, recapitalization or similar event, beproportionally adjusted in accordance with the terms of Marinus ’s certificate of incorporation, as amended and ineffect from time to time