Reservation of Right. The Board of Directors of the Corporation reserves the right by subsequent amendment of this resolution from time to time to increase or decrease the number of shares which constitute the Preferred Stock (but not below the number of shares thereof then outstanding) and in other respects to amend this resolution within the limitations provided by law, this resolution and the Certificate of Incorporation of the Corporation.
Appears in 4 contracts
Samples: Securities Purchase and Contribution Agreement (Hislop Michael J), Securities Purchase and Contribution Agreement (Il Fornaio America Corp), Securities Purchase and Contribution Agreement (Mindel Laurence B)
Reservation of Right. The Board of Directors of the Corporation -------------------- reserves the right by subsequent amendment of this resolution from time to time to increase or decrease the number of shares which constitute the Preferred Stock (but not below the number of shares thereof then outstanding) and in other respects to amend this resolution within the limitations provided by law, this resolution and the Certificate of Incorporation of the Corporation.
Appears in 1 contract
Samples: Securities Purchase and Contribution Agreement (Manhattan Acquisition Corp)
