Common use of Capital Adjustments and Reorganizations Clause in Contracts

Capital Adjustments and Reorganizations. The existence of the Option shall not affect in any way the right or power of the Company or any company the stock of which is awarded pursuant to the Agreement to make or authorize any adjustment, recapitalization, reorganization or other change in its capital structure or its business, engage in any merger or consolidation, issue any debt or equity securities, dissolve or liquidate, or sell, lease, exchange or otherwise dispose of all or any part of its assets or business, or engage in any other corporate act or proceeding.

Appears in 8 contracts

Samples: Employee Incentive Stock Option Award Agreement (Geospace Technologies Corp), Director Nonqualified Stock Option Award Agreement (Geospace Technologies Corp), Consultant Nonqualified Stock Option Award Agreement (Geospace Technologies Corp)

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Capital Adjustments and Reorganizations. The existence of the Option shall not affect in any way the right or power of the Company or any company the stock of which is awarded issued pursuant to the this Agreement to make or authorize any adjustment, recapitalization, reorganization or other change in its capital structure or its business, engage in any merger or consolidation, issue any debt or equity securities, dissolve or liquidate, or sell, lease, exchange or otherwise dispose of all or any part of its assets or business, or engage in any other corporate act or proceeding.

Appears in 4 contracts

Samples: Stock Option Agreement (Quanex Building Products CORP), Option Agreement (Quanex Building Products CORP), Stock Option Agreement (Quanex Building Products CORP)

Capital Adjustments and Reorganizations. The existence of the Option shall will not affect in any way the right or power of the Company or any company the stock of which is awarded issued pursuant to the Agreement to make or authorize any adjustment, recapitalization, reorganization or other change in its capital structure or its business, engage in any merger or consolidation, issue any debt or equity securities, dissolve or liquidate, or sell, lease, exchange or otherwise dispose of all or any part of its assets or business, or engage in any other corporate act or proceeding.

Appears in 3 contracts

Samples: Hughes Incorporated Stock Option Agreement (Baker Hughes Inc), Hughes Incorporated Stock Option Agreement (Baker Hughes Inc), Hughes Incorporated Stock Option Agreement (Baker Hughes Inc)

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Capital Adjustments and Reorganizations. The existence of the Option shall not affect in any way the right or power of the Company or any company the stock of which is awarded issued pursuant to the Agreement to make or authorize any adjustment, recapitalization, reorganization or other change in its capital structure or its business, engage in any merger or consolidation, issue any debt or equity securities, dissolve or liquidate, or sell, lease, exchange or otherwise dispose of all or any part of its assets or business, or engage in any other corporate act or proceeding.

Appears in 2 contracts

Samples: Employment Agreement (Supermedia Inc.), Employee Stock Option Agreement (Supermedia Inc.)

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