Common use of Capital Adjustments and Reorganizations Clause in Contracts

Capital Adjustments and Reorganizations. The existence of the Performance Shares shall not affect in any way the right or power of the Company or any company the stock of which is awarded pursuant to the Agreement to make or authorize any adjustment, recapitalization, reorganization or other change in its capital structure or its business, engage in any merger or consolidation, issue any debt or equity securities, dissolve or liquidate, or sell, lease, exchange or otherwise dispose of all or any part of its assets or business, or engage in any other corporate act or proceeding.

Appears in 8 contracts

Samples: Award Agreement (Quanex Building Products CORP), www.sec.gov, Performance Share Award Agreement (Quanex Building Products CORP)

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Capital Adjustments and Reorganizations. The existence of the Performance Shares shall not affect in any way the right or power of the Company or any company the stock of which is awarded pursuant to the Agreement to make or authorize any adjustment, recapitalization, reorganization or other change in its capital structure or its business, engage in any merger or consolidation, issue any debt or equity securities, dissolve or liquidate, or sell, lease, exchange or otherwise dispose of all or any part of its assets or business, or engage in any other corporate act or proceeding.. Director

Appears in 1 contract

Samples: Award Agreement (Quanex Building Products CORP)

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