Common use of Capital Adjustments Clause in Contracts

Capital Adjustments. (a) The existence of the Option shall not affect in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's capital structure or the Corporation’s business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s capital stock or the rights thereof, or the issuance of any securities convertible into any such capital stock or of any rights, options, or warrants to purchase any such capital stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise.

Appears in 78 contracts

Samples: Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc)

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Capital Adjustments. (a) The existence of the Option shall not affect -------------------- in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's capital structure or the Corporation’s 's business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s 's capital stock or the rights thereof, or the issuance of any securities convertible into any such capital stock or of any rights, options, or warrants to purchase any such capital stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s 's assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise.

Appears in 16 contracts

Samples: Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc)

Capital Adjustments. (a) The existence of the Option shall not affect in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's capital structure or the Corporation’s its business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s capital 's common stock or the of any rights thereof, or the issuance of any securities convertible into any such capital common stock or of any rights, options, or warrants to purchase any such capital common stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s its assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc), Incentive Stock Option Agreement (Datalogic International Inc)

Capital Adjustments. (a) The existence of the Option shall not affect ------------------------- in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's capital structure or the Corporation’s 's business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s 's capital stock or the rights thereof, or the issuance of any securities convertible into any such capital stock or of any rights, options, or warrants to purchase any such capital stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s 's assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc)

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Capital Adjustments. (a) The existence of the Option shall not affect in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's capital structure or the Corporation’s 's business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s 's capital stock or the rights thereof, or the issuance of any securities convertible into any such capital stock or of any rights, options, or warrants to purchase any such capital stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s 's assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (PCS Edventures Com Inc)

Capital Adjustments. (a) The existence of the Option shall not affect in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's ’s capital structure or the Corporation’s its business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s capital common stock or the of any rights thereof, or the issuance of any securities convertible into any such capital common stock or of any rights, options, or warrants to purchase any such capital common stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s its assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Lev Pharmaceuticals Inc), Incentive Stock Option Agreement (Lev Pharmaceuticals Inc)

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