Corporate Action by the Company. Existence of this Option shall not impair the right of the Company or its shareholders to make adjustments, recapitalizations, reorganizations, or other changes in its capital structure or business, to consummate any merger or consolidation of the Company, to issue bonds, debentures, preferred, or prior preference stocks ahead of or affecting the Shares or the rights thereof, to dissolve or liquidate the Company, to sell or transfer all or any part of its assets or business, or to do or take any other corporate act or proceeding it or they might have done or taken if this Option was not in existence.
Appears in 3 contracts
Samples: Stock Option Agreement (Veris Residential, Inc.), Stock Option Agreement (Mack Cali Realty Corp), Stock Option Agreement (Mack Cali Realty L P)
Corporate Action by the Company. Existence of this Option shall not impair the right of the Company or its shareholders to make adjustments, recapitalizations, reorganizations, reorganizations or other changes in its capital structure or business, to consummate any merger or consolidation of the Company, to issue bonds, debentures, preferred, preferred or prior preference stocks ahead of or affecting the Shares or the rights thereof, to dissolve or liquidate the Company, to sell or transfer all or any part of its assets or business, or to do or take any other corporate act or proceeding it or they might have done or taken if this Option was not in existence.
Appears in 2 contracts
Samples: Executive Employment Agreement (Mack Cali Realty L P), Executive Employment Agreement (Mack Cali Realty L P)
Corporate Action by the Company. Existence of this Option shall not impair the right of the Company or its shareholders to make adjustments, recapitalizations, reorganizations, or other changes in its capital structure or business, to consummate any merger or consolidation of the Company, to issue bonds, debentures, preferred, or prior preference stocks ahead of or affecting the Shares or the rights thereof, to dissolve or liquidate the Company, to sell or transfer all or any part of its assets or business, or to do or take any other corporate act or proceeding it or they might have done or taken if this Option was not in existence..
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