Common use of Capital Adjustments and Reorganizations Clause in Contracts

Capital Adjustments and Reorganizations. The existence of the Performance Units shall not affect in any way the right or power of the Company 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 10 contracts

Samples: Hughes Incorporated Performance Unit Award Agreement (Baker Hughes Inc), Incorporated Performance Unit Award Agreement (Baker Hughes Inc), Performance Unit Award Agreement (Baker Hughes Inc)

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Capital Adjustments and Reorganizations. The existence of the Performance 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 6 contracts

Samples: Award Agreement (Quanex Building Products CORP), Award Agreement (Quanex Building Products CORP), Award Agreement (Quanex Building Products CORP)

Capital Adjustments and Reorganizations. The existence of the Performance 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 6 contracts

Samples: Award Agreement (Quanex Building Products CORP), Award Agreement (Quanex Building Products CORP), Award Agreement (Quanex Building Products CORP)

Capital Adjustments and Reorganizations. The existence of the Performance 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 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 4 contracts

Samples: Performance Unit Award Agreement (Tailored Brands Inc), Performance Unit Award Agreement (Tailored Brands Inc), Performance Unit Award Agreement (Mens Wearhouse Inc)

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Capital Adjustments and Reorganizations. The existence of the Performance Units shall will not affect in any way the right or power of the Company 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 3 contracts

Samples: Performance Unit Award Agreement (Baker Hughes Inc), Performance Unit Award Agreement (Baker Hughes Inc), Performance Unit Award Agreement (Baker Hughes Inc)

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