Common use of Action by Company Clause in Contracts

Action by Company. The existence of the Option shall not effect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalization, 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, preferred or prior preference stocks ahead of or affecting the Common Stock or the rights thereof, 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 6 contracts

Samples: Nonqualified Stock Option Agreement (Techprecision Corp), Non Qualified Stock Option Agreement (CHINA INFRASTRUCTURE CONSTRUCTION Corp), Non Qualified Stock Option Agreement (China Green Agriculture, Inc.)

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Action by Company. The existence of the Option shall not effect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizationrecapi-talization, 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, preferred or prior preference stocks ahead of or affecting the Common Stock or the rights thereof, 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 6 contracts

Samples: Restricted Stock Grant Agreement (SolarMax Technology, Inc.), Restricted Stock Grant Agreement (SolarMax Technology, Inc.), Restricted Stock Grant Agreement (SolarMax Technology, Inc.)

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Action by Company. The existence of the Option shall not effect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizationrecapi-talization, reorganizations or other changes in the Company’s 's capital structure or its business, or any merger or consolidation of the Company, or any issue of bonds, debentures, preferred or prior preference stocks ahead of or affecting the Common Stock or the rights thereof, 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: Non Qualified Stock Option Award Agreement (Techprecision Corp)

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