No Effect on Capital Structure. This grant of options shall not affect the right of the Bank or any affiliate 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.
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Samples: Stock Option Agreement (Grandsouth Bancorporation), Stock Option Agreement (Grandsouth Bancorporation)
No Effect on Capital Structure. This grant of options shall not affect the right of the Bank Company or any affiliate 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.
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