Limitation on Rights. This Option shall not confer on the Optionee any right to continue as an employee of the Company or a subsidiary of the Company or affect the Company's or any subsidiary's right to terminate the Optionee's service at any time, and nothing contained herein shall be deemed a waiver or modification of any provision contained in any agreement between the Optionee and the Company or a subsidiary of the Company. This Option shall not affect the right of the Company or any subsidiary thereof to reclassify, recapitalize or otherwise change its capital or debt structure or to merge, consolidate, convey any or all of its assets, dissolve, liquidate, windup or otherwise reorganize.
Appears in 4 contracts
Samples: Replacement Incentive Stock Option Agreement (American Homestar Corp), American Homestar Corporation Replacement Incentive Stock Option Agreement (American Homestar Corp), Replacement Incentive Stock Option Agreement (American Homestar Corp)
