Changes in Company’s Capital Structure. The existence of this Stock Option will not affect in any way the right or authority of the Company or its stockholders to make or authorize (a) any or all adjustments, recapitalizations, reorganizations or other changes in the Company's capital structure or its business; (b) any merger or consolidation of the Company's capital structure or its business; (c) any merger or consolidation of the Company; (d) any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Stock or the rights thereof; (e) the dissolution or liquidation of the Company; (f) any sale or transfer of all or any part of its assets or business; or (g) any other corporate act or proceeding, whether of a similar character or otherwise. In the event of a Change in Control or other corporate restructuring provided for in the Plan, the Participant shall have such rights, and the Committee shall take such actions, as are provided for in the Plan.
Changes in Company’s Capital Structure. The existence of the Option shall not affect in any way the right or authority of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, 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 stock 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.
Changes in Company’s Capital Structure. The existence of the Option will not affect in any way the right or authority of the Company or its stockholders to make or authorize
(a) any adjustment, recapitalization, reorganization or other changes in the Company's capital structure or its business;
(b) any acquisition, merger or consolidation of the Company;
(c) any issuance of bonds, debentures, preferred or prior preference stock ahead of or affecting the Stock or the rights thereof;
(d) the dissolution or liquidation of the Company;
(e) any sale or transfer of all or any part of the Company's assets or business; or
(f) any other corporate act or proceeding, whether of a similar character or otherwise.
Changes in Company’s Capital Structure. Subject to any required action by the Company’s Board and stockholders, as may be determined to be appropriate and equitable by the Committee, to prevent dilution or enlargement of rights, the Committee shall:
(a) adjust proportionately the number of Units for any increase or decrease in the number of issued and outstanding registered shares resulting from a subdivision or combination of such shares or the payment of a stock dividend or any other increase or decrease in the number of such outstanding registered shares of the Company effected without the receipt of consideration by the Company;
(b) if the Company is a participating corporation in any merger or consolidation and provided the Units are not terminated upon consummation of such merger or consolidation, modify such Units to pertain to and apply to the securities or other property to which a holder of the number of shares subject to the Units would have been entitled upon such consummation; and
(c) for the avoidance of doubt, make any other adjustments, modifications, replacements, or exchanges permitted by the Plan, including without limit, the Plan’s Articles 18 and 19. Notwithstanding anything to the contrary, any such actions taken by the Committee shall be final, binding and conclusive.
Changes in Company’s Capital Structure. Subject to any required action by the Company’s Board and stockholders, as may be determined to be appropriate and equitable by the Committee, to prevent dilution or enlargement of rights, the Committee shall:
(a) adjust proportionately the number of Units for any increase or decrease in the number of issued and outstanding shares of common stock resulting from a subdivision or combination of such shares or the payment of a stock dividend or any other increase or decrease in the number of such outstanding shares of common stock of the Company effected without the receipt of consideration by the Company; and
(b) if the Company is a participating corporation in any merger or consolidation and provided the Units are not terminated upon consummation of such merger or consolidation, modify such Units to pertain to and apply to the securities or other property to which a holder of the number of shares subject to the Units would have been entitled upon such consummation. Notwithstanding anything to the contrary, such adjustments by the Committee shall be final, binding and conclusive.
Changes in Company’s Capital Structure. This Agreement shall not in any way affect the right of the Company to adjust, reclassify, reorganize or otherwise make changes in its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets.
Changes in Company’s Capital Structure. The existence of this Stock Option will not affect in any way the right or authority of the Company or its stockholders to make or authorize (a) any or all adjustments, recapitalizations, reorganizations or other changes in the Company's capital structure or its business; (b) any merger or consolidation of the Company's capital structure or its business; (c) any merger or consolidation of the Company; (d) any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Stock or the rights thereof; (e) the dissolution or liquidation of the Company; (f) any sale or transfer of all or any part of its assets or business; or (g) any other corporate act or proceeding, whether of a similar character or otherwise. In the event of a Change in Control or other corporate restructuring provided for in the Plan, and the Committee shall take such actions, as are provided for in the Plan.
Changes in Company’s Capital Structure. The existence of the Option shall not affect in any way the right or power of the Company or its stockholders to make or authorize any adjustments, recapitalizations, 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, or preferred or prior preference stock ahead of or affecting the Common Stock, 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. The shares with respect to which the Option is granted are shares of the Common Stock of the Company as presently constituted, but if prior to the delivery by the Company of all the shares of the Common Stock with respect to which the Option is granted, the Company shall effect a subdivision or consolidation of shares or other capital readjustment, the payment of a stock dividend, or other increase or reduction of the number of shares of the Common Stock outstanding, without receiving compensation for such shares in money, services, or property, then (a) in the event of an increase in the number of such shares outstanding, the number of shares of Common Stock then remaining subject to the Option shall be proportionately increased, and the option price per share shall be proportionately reduced; and (b) in the event of a reduction in the number of such shares outstanding, the number of shares of Common Stock then remaining subject to the Option shall be proportionately reduced, and the option price per share shall be proportionately increased. Until the Option is fully exercised, if the Company is merged or consolidated with another corporation under circumstances in which the stockholders of the Company receive consideration for their shares in Company, if the Company sells or otherwise disposes of substantially all of its assets to another corporation, or if the Company liquidates or dissolves, then (i) subject to the provisions of clause (iii) below, after the effective date of such merger, liquidation, dissolution, consolidation, or sale, as the case may be, the Optionee will be entitled, upon exercise of the Option, to receive, in lieu of shares of Common Stock, shares of such stock or other securities (or cash or other property) as the holders of shares of Common Stock received pursuant to the terms of the merger, liquidation, dissolution, co...
Changes in Company’s Capital Structure. As may be determined to be appropriate and equitable by the Committee, in its complete and sole discretion, to prevent dilution or enlargement of rights, the Committee shall make or authorize to be made an adjustment in the number and class of SAR Shares and/or the SAR Price to prevent dilution or enlargement of rights, as a result of the following:
(i) any adjustment, recapitalization, reorganization or other changes in the Company’s capital structure or its business; or
(ii) any merger or consolidation of the Company; or
(iii) any issuance of bonds, debentures, preferred or prior preference stock ahead of or affecting the Company’s Stock or the rights thereof; or
(iv) the dissolution or liquidation of the Company; or
(v) any sale or transfer of all or any part of the Company’s assets or business; or
(vi) any other corporate act or proceeding, whether of a similar character or otherwise.
Changes in Company’s Capital Structure. The existence of the shares of Restricted Stock will not affect in any way the right or authority of the Company or the holders of its voting securities to make or authorize (a) any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; (b) any merger or consolidation of the Company’s capital structure or its business; (c) any merger or consolidation of the Company; (d) any issue of bonds, debentures, preferred or prior preference equity interests ahead of or affecting the Shares or the rights thereof; (e) the dissolution or liquidation of the Company; (f) any sale or transfer of all or any part of the Company’s assets or business; or (g) any other corporate act or proceeding, whether of a similar character or otherwise.
