Common use of Change Capital Structure Clause in Contracts

Change Capital Structure. Make any change to the equity or capital structure of the Company, including by increase or decrease in the number of the Company’s authorized shares, or reclassification, subdivision, or combination, or varying or altering of the terms, par value or rights of, shares of any class or type of stock, or, except upon the conversion of indebtedness of the Company pursuant to its written credit arrangements or the exercise of warrants of the Company, in each case in accordance with the terms and conditions thereof in effect and set forth in writing as of the day when this Agreement became effective, the issuance of any stock or other securities of the Company or any options, warrants or other rights to acquire such stock or other securities (except that the Board of Directors may establish a stock option plan for employees and advisors and the Company, as authorized by the Board of Directors, may grant options thereunder), or the creation of any new class of stock, or making of any other similar change to the authorized and/or outstanding capital stock of the Company.

Change Capital Structure. Make any change to the equity or capital structure of the Company, including by increase or decrease in the number of the Company’s 's authorized shares, or reclassification, subdivision, or combination, or varying or altering of the terms, par value or rights of, shares of any class or type of stock, or, except upon the conversion of indebtedness of the Company pursuant to its written credit arrangements or the exercise of warrants of the Company, in each case in accordance with the terms and conditions thereof in effect and set forth in writing as of the day when this Agreement became effective, the issuance of any stock or other securities of the Company or any options, warrants or other rights to acquire such stock or other securities (except that the Board of Directors may establish a stock option plan for employees and advisors and the Company, as authorized by the Board of Directors, may grant options thereunder), or the creation of any new class of stock, or making of any other similar change to the authorized and/or outstanding capital stock of the Company.