Common use of Changes in Structure Clause in Contracts

Changes in Structure. The existence of the Options shall not affect in any way the right or power of the Company, directors, or its shareholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company's capital structure or its business, or any merger or consolidation of the Company, or any issue of bonds, debentures, or any other security or 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, whether of a similar character or otherwise.

Appears in 3 contracts

Samples: Cc) Services Agreement (Computerized Thermal Imaging Inc), Consultant Stock Option Agreement (Computerized Thermal Imaging Inc), Consultant Stock Option Agreement (Computerized Thermal Imaging Inc)

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Changes in Structure. The existence of the Options Option shall not affect in any way the right or power of the CompanyCompany or its officers, directors, or its shareholders stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company's capital structure or its business, or any merger or consolidation of the Company, or any issue of bonds, debentures, or any other security or 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, whether of a similar character or otherwise.

Appears in 2 contracts

Samples: Employee Stock Option Agreement (Computerized Thermal Imaging Inc), Employee Stock Option Agreement (Computerized Thermal Imaging Inc)

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Changes in Structure. The existence of the Options shall not affect in any way the right or power of the Company, directors, or its shareholders to make or authorize any or all adjustments, recapitalizationsrecapitalization, reorganizations or other changes in the Company's capital structure or its business, or any merger or consolidation of the Company, or any issue of bonds, debentures, or any other security or 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, whether of a similar character or otherwise.

Appears in 1 contract

Samples: Stock Option Agreement (Biolynx Com Inc)

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