(1) Effect a 1 for 10 reverse ^tock split ("Reverse Stock Split”)of its issued and outstanding shares of Class A common stock to shareholders of record as of the Record Date (as defined below) on the date the necessary filings reflecting such 了everse split is effective with the Secretary of State of the State of Delaware ("Effective Date;'), pursuant to which, each ten (10) shares of Class A common stock issued and outstanding as of the Effective Date shall be reduced to one (1) share of Class A common stock issued and outstanding; provided that, if as a result of the Reverse Stock Split, fractional shares of the issued and outstanding common stock result, then in such event, the fractional shares shall be rounded up to the next whole share of common stock, so that no fractional shares of common stock will be outstanding after the Effective Date,