Common use of NO LIMITATIONS ON COMPANY'S DISCRETION Clause in Contracts

NO LIMITATIONS ON COMPANY'S DISCRETION. The grant of the Option hereby shall not affect in any way the right or power of the Company to make adjustments, reclassifications, reorganizations or changes of its capital or business structure or to merge or consolidate or to dissolve, liquidate, sell or transfer all or any part of its business or assets.

Appears in 11 contracts

Samples: Non Qualified Stock Option Agreement (Oak Technology Inc), Non Qualified Stock Option Agreement (Zoran Corp \De\), Non Qualified Stock Option Agreement (Oak Technology Inc)

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NO LIMITATIONS ON COMPANY'S DISCRETION. The grant of the Option -------------------------------------- hereby shall not affect in any way the right or power of the Company to make adjustments, reclassifications, reorganizations or changes of its capital or business structure or to merge or consolidate or to dissolve, liquidate, sell or transfer all or any part of its business or assets.

Appears in 1 contract

Samples: Consultant and Independent Contractor Non Qualified Stock Option Agreement (International Network Services)

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NO LIMITATIONS ON COMPANY'S DISCRETION. The grant of the Option hereby shall not affect in any way the right or power of the Company to make adjustments, reclassifications, reorganizations or changes of its capital or business structure or to merge or consolidate or to dissolve, liquidate, sell or transfer all or any part of its business or assets. 8. MANNER OF EXERCISE.

Appears in 1 contract

Samples: Employee Incentive Stock Option Agreement (Portola Packaging Inc)

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