Common use of Changes in the Company’s Capital Structure Clause in Contracts

Changes in the Company’s Capital Structure. The existence of the Option 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 Option Agreement) or its stockholders to make or authorize any adjustment, recapitalization, reorganization or other changes 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, whether of a similar character or otherwise.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Independence Contract Drilling, Inc.), Nonqualified Stock Option Agreement (Independence Contract Drilling, Inc.)

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Changes in the Company’s Capital Structure. The existence of the Option 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 Option Award Agreement) or its stockholders to make or authorize any adjustment, recapitalization, reorganization or other changes 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, whether of a similar character or otherwise.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Rex Energy Corp), Nonqualified Stock Option Agreement (Rex Energy Corp)

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