Common use of Recapitalization or Reorganization Clause in Contracts

Recapitalization or Reorganization. (a) The existence of this Option shall not affect in any way the right or power of the Board of Directors or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company's capital structure or its business, any merger or consolidation of the Company, any issue of bonds, debentures, warrants, preferred or prior preference stocks ahead of or affecting Stock or the rights thereof, the dissolution or liquidation of the Company or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding.

Recapitalization or Reorganization. (a) The existence of this Option shall not affect in any way the right or power of the Board of Directors or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company's ’s capital structure or its business, any merger or consolidation of of, or share exchange involving, the Company, any issue issuance of bonds, debentures, warrants, preferred additional Company securities with priority over the Common Stock or prior preference stocks ahead of or otherwise affecting the Common Stock or the rights thereof, the dissolution or liquidation of the Company Company’s Common Stock or any sale sale, lease, exchange or transfer other disposition of all or any part of its assets or business, business or any other corporate act or proceeding.

Recapitalization or Reorganization. (a) A. The existence of this the Option shall not affect in any way the right or power of the Board of Directors or the shareholders stockholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company's capital structure or its business, any merger or consolidation of the Company, any issue of bonds, debentures, warrants, preferred or prior preference stocks ahead of or affecting Stock or the rights thereof, the dissolution or liquidation of the Company or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding.

Recapitalization or Reorganization. (a) The existence of this Option shall not affect in any way the right or power of the Board of Directors or the shareholders stockholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company's capital structure or its business, any merger or consolidation of the Company, any issue of bonds, debentures, warrants, preferred or prior preference stocks ahead of or affecting Stock or the rights thereof, the dissolution or liquidation of the Company or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding.

Recapitalization or Reorganization. (a) The existence of this the Option granted hereunder shall not affect in any way the right or power of the Board of Directors or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company's capital structure or its business, any merger or consolidation of or the Company, any issue of bonds, debentures, warrants, preferred debt or prior preference stocks equity securities ahead of or affecting Stock or the rights thereof, the dissolution or liquidation of the Company or any sale sale, lease, exchange or transfer other disposition of all or any part of its assets or business, business or any other corporate act or proceeding.