Common use of Capital Adjustments and Reorganizations Clause in Contracts

Capital Adjustments and Reorganizations. The existence of the Restricted Stock Units 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 21 contracts

Samples: Director Restricted Stock Unit Award Agreement (Geospace Technologies Corp), Employee Restricted Stock Unit Award Agreement (Geospace Technologies Corp), Restricted Stock Unit Award Agreement (Newfield Exploration Co /De/)

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Capital Adjustments and Reorganizations. The existence of the Restricted Stock Units shall will 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: Restricted Stock Unit Award Agreement (Baker Hughes Inc), Restricted Stock Unit Award Agreement (Baker Hughes Inc), Restricted Stock Unit Award Agreement (Baker Hughes Inc)

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Capital Adjustments and Reorganizations. The existence of the Restricted Stock Units 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 this 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 2 contracts

Samples: Restricted Stock Unit Award Agreement (Rosetta Stone Inc), Restricted Stock Unit Award Agreement (Rosetta Stone Inc)

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