Company: OXY-WT
Filing Date: 2025-03-03
Form Type: 424B2
Source: 0001140361-25-006655
Chunk: 10

Company: OCCIDENTAL PETROLEUM CORP /DE/
Filing Date: 2025-03-03
Form: 424B2
Chunk 10
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 to the registration and approval of the Common Stock issuable upon exercise of the Warrants will be borne by Occidental. Anti-dilution Adjustments The exercise price and number of shares of Common Stock issuable upon exercise of a Warrant will be subject to adjustment, without duplication, as follows, except that Occidental will not make any such adjustments if each Warrant holder participates, at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Warrants, in any of the transactions described below, without having to exercise such Warrant holder’s Warrants, as if such Warrant holder held a number of shares of Common Stock equal to the number of shares of Common Stock issuable upon exercise of such Warrant holder’s Warrants:

| (a) | If Occidental (i) declares and pays a dividend or makes a distribution on its Common Stock in shares of Common Stock, (ii) subdivides or reclassifies the outstanding shares of Common Stock into a greater number of shares or (iii) combines or reclassifies the outstanding shares of Common Stock into a smaller number of shares then, in such event: |

| (1) | the number of shares of Common Stock issuable upon exercise of a Warrant on the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification will be proportionately adjusted so that the Warrant holder after such date will be entitled to purchase the number of shares of Common Stock that such Warrant holder would have owned or been entitled to receive in respect of the shares of Common Stock subject to such Warrant after such date had such Warrant been exercised immediately prior to such date; and |

| (2) | the exercise price in effect on the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification will be adjusted to the number obtained by dividing (x) the product of (1) the number of shares of Common Stock issuable upon exercise of the Warrant before such adjustment and (2) the exercise price in effect immediately prior to the record or effective date, as the case may be, for the dividend, distribution, subdivision, combination or reclassification giving rise to the adjustment by (y) the new number of shares of Common Stock issuable upon exercise of the Warrant determined pursuant to clause (1) above. |

| (b) | If Occidental issues shares of Common Stock (or rights or warrants or other securities exercisable or convertible into