Common use of Corporate Acts Clause in Contracts

Corporate Acts. The existence of the Restricted Stock shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof shall not apply to the transfer of Restricted Stock pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock for all purposes of this Agreement and the certificates representing such stock, securities or other property shall include a legend to show such restrictions.

Appears in 7 contracts

Samples: Restricted Stock Agreement (Forest Oil Corp), Restricted Stock Agreement (Forest Oil Corp), Restricted Stock Agreement (Forest Oil Corp)

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Corporate Acts. The existence of the Restricted Stock Shares shall not affect in any way the right or power of the Board or the shareholders stockholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) 2 hereof shall not apply to the transfer of Restricted Stock Shares pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions forfeiture restrictions and provisions governing the lapsing of and such Forfeiture Restrictions forfeiture restrictions applicable to the original Restricted Stock Shares for all purposes of this Agreement Agreement, and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Natural Health Trends Corp), Restricted Stock Award Agreement (Natural Health Trends Corp), Restricted Stock Award Agreement (Natural Health Trends Corp)

Corporate Acts. The existence of the Restricted Stock Shares shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof shall not apply to the transfer of Restricted Stock Shares pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock Shares for all purposes of this Agreement and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 3 contracts

Samples: Restricted Stock Agreement (American National Insurance Co /Tx/), Restricted Stock Agreement (American National Insurance Co /Tx/), Restricted Stock Agreement (American National Insurance Co /Tx/)

Corporate Acts. The existence of the Restricted Stock shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s 's capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof shall not apply to the transfer of Restricted Stock pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock for all purposes of this Agreement and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Forest Oil Corp), Restricted Stock Agreement (Forest Oil Corp), Restricted Stock Agreement (Forest Oil Corp)

Corporate Acts. The existence of the Restricted Stock shall not affect in any way the right or power of the Board or the shareholders stockholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a3(a) hereof shall not apply to the transfer of Restricted Stock pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock for all purposes of this Agreement Agreement, and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Carbon Natural Gas Co), Restricted Stock Agreement (Carbon Natural Gas Co)

Corporate Acts. The existence of the Restricted Stock Shares shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s 's capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof 3.1 shall not apply to the transfer of Restricted Stock Shares pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock Shares for all purposes of this Agreement Agreement, and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 1 contract

Samples: Restricted Share Award Program Agreement (Core Laboratories N V)

Corporate Acts. The existence of the Restricted Stock shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s 's capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a3(a) hereof shall not apply to the transfer of Restricted Stock pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock for all purposes of this Agreement Agreement, and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 1 contract

Samples: Restricted Stock Agreement (Forest Oil Corp)

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Corporate Acts. The existence of the Restricted Stock Shares shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s 's capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof shall not apply to the transfer of Restricted Stock Shares pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock Shares for all purposes of this Agreement and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 1 contract

Samples: Restricted Stock Agreement (Forest Oil Corp)

Corporate Acts. The existence of the Restricted Stock Units shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof shall not apply to the transfer of Restricted Stock Units pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock Units for all purposes of this Agreement and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (American National Insurance Co /Tx/)

Corporate Acts. The existence of the Restricted Stock shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s 's capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof shall not apply to the transfer of Restricted Stock pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock for all purposes of this Agreement and the certificates representing such stock, securities or other property shall include a legend to show such restrictions.

Appears in 1 contract

Samples: Restricted Stock Agreement (Forest Oil Corp)

Corporate Acts. The existence of the Restricted Stock Shares shall not affect in any way the right or power of the Board or the shareholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or proceeding. The prohibitions of Section 2(a) hereof shall not apply to the transfer of Restricted Stock Shares pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefore therefor shall also become subject to the Forfeiture Restrictions and provisions governing the lapsing of such Forfeiture Restrictions applicable to the original Restricted Stock Shares for all purposes of this Agreement and the certificates representing such stock, securities or other property shall include a legend be legended to show such restrictions.

Appears in 1 contract

Samples: Restricted Stock Agreement (Cyberonics Inc)

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