Common use of No Impairment of Rights Clause in Contracts

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 25 contracts

Samples: Automatic Stock Option Agreement (Intrusion Inc), Stock Option Agreement (Sandisk Corp), Automatic Stock Option Agreement (Sangamo Biosciences Inc)

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No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 24 contracts

Samples: Stock Option Agreement (Pharmacyclics Inc), Automatic Stock Option Agreement (Endorex Corp), Automatic Stock Option Agreement (Tellabs Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders its shareholders to remove Optionee Participant from the Board at any time in accordance with the provisions of applicable law.

Appears in 17 contracts

Samples: Restricted Stock Unit Award Agreement (SJW Group), Restricted Stock Unit Award Agreement (Matson, Inc.), Restricted Stock Unit Award Agreement (Matson, Inc.)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders its shareholders to remove Optionee you from the Board at any time in accordance with the provisions of applicable law.

Appears in 10 contracts

Samples: Restricted Stock Unit Award Agreement (Broadcom Corp), Restricted Stock Unit Award Agreement (Broadcom Corp), Restricted Stock Unit Award Agreement (Broadcom Corp)

No Impairment of Rights. This Nothing in this Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee Participant from the Board at any time in accordance with the provisions of applicable law.

Appears in 9 contracts

Samples: Restricted Stock Unit Issuance Agreement, Restricted Stock Unit Issuance Agreement (FTD Companies, Inc.), Restricted Stock Unit Issuance Agreement (FTD Companies, Inc.)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right rights of the Corporation (or the stockholders any Parent or Subsidiary employing or retaining Optionee) or of Optionee, which rights are hereby expressly reserved by each, to remove Optionee from the Board terminate Optionee's Service at any time in accordance for any reason, with the provisions of applicable lawor without cause.

Appears in 7 contracts

Samples: Stock Option Agreement (Positron Corp), Stock Option Agreement (Positron Corp), Stock Option Agreement (CombiMatrix Corp)

No Impairment of Rights. This Agreement shall not in any way ----------------------- affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 7 contracts

Samples: Automatic Stock Option Agreement (Stamps Com Inc), Automatic Stock Option Agreement (Atl Products Inc), Automatic Stock Option Agreement (Restoration Hardware Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 5 contracts

Samples: Inducement Stock Option Agreement (InfuSystem Holdings, Inc), Inducement Stock Option Agreement (InfuSystem Holdings, Inc), Restricted Stock Agreement (Ebix Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders its shareholders to remove Optionee the Participant from the Board at any time in accordance with the provisions of applicable law.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Veritone, Inc.), Restricted Stock Unit Agreement (Veritone, Inc.)

No Impairment of Rights. This Nothing in this Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee the Participant from the Board at any time in accordance with the provisions of applicable law.

Appears in 4 contracts

Samples: Restricted Stock Unit Issuance Agreement, Restricted Stock Unit Issuance Agreement (FTD Companies, Inc.), Restricted Stock Unit Issuance Agreement (FTD Companies, Inc.)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation to adjust, reclassify, reorganize or otherwise make changes in change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 4 contracts

Samples: Automatic Stock Option Agreement (Hotjobs Com LTD), Automatic Stock Option Agreement (1 800 Flowers Com Inc), Automatic Stock Option Agreement (Juno Online Services Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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 the business or assets. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 4 contracts

Samples: Inducement Stock Option Award Agreement (Autobytel Inc), Inducement Stock Option Award Agreement (Autobytel Inc), Inducement Stock Option Award Agreement (Autobytel Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders shareholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 3 contracts

Samples: Automatic Stock Option Agreement (Network Appliance Inc), Automatic Stock Option Agreement (Stec, Inc.), Automatic Stock Option Agreement (Broadcom Corp)

No Impairment of Rights. This Agreement shall not in any way ----------------------- affect the right of the Corporation 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. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders shareholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 2 contracts

Samples: Automatic Stock Option Agreement (Genesys Telecommunications Laboratories Inc), Stock Option Agreement (Genesys Telecommunications Laboratories Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the Corporation's right of the Corporation or the stockholders to remove the Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 2 contracts

Samples: Non Employee Director Stock Option Agreement (Komag Inc /De/), Non Employee Director Stock Option Agreement (Komag Inc /De/)

No Impairment of Rights. This Agreement shall not in any way ----------------------- affect the right of the Corporation to adjust, reclassify, reorganize or otherwise make changes in change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 2 contracts

Samples: Automatic Stock Option Agreement (Multex Com Inc), Automatic Stock Option Agreement (Vialink Co)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the its stockholders to remove Optionee Participant from the Board at any time in accordance with the provisions of applicable law.

Appears in 2 contracts

Samples: Restricted Stock Unit Issuance Agreement (Classmates Media CORP), Restricted Stock Unit Issuance Agreement (Classmates Media CORP)

No Impairment of Rights. This Agreement shall not in any way ----------------------- affect the right of the Corporation 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. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (View Tech Inc)

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No Impairment of Rights. This Agreement shall not in any way affect ----------------------- the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders shareholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Non Employee Director Automatic Stock Option Agreement (Microelectronic Packaging Inc /Ca/)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders shareholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Sharper Image Corp)

No Impairment of Rights. This Agreement shall not in any way affect ----------------------- the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Digital Island Inc)

No Impairment of Rights. This Agreement shall not in any no way affect the right of the Corporation Company to adjust, reclassify, reorganize or otherwise make changes in change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (NetApp, Inc.)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, this This Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Westaff Inc)

No Impairment of Rights. This Agreement shall not in any way ----------------------- affect the right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders shareholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Trikon Technologies Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.the

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Credit Management Solutions Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, nothing in this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders shareholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Cisco Systems Inc)

No Impairment of Rights. This Agreement shall not in any way affect the ----------------------- right of the Corporation 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. In addition, this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Sequenom Inc)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation to adjust, reclassify, reorganize or otherwise make changes in change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer all or any part of its business or assets. In addition, Nor shall this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders its shareholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (DTM Corp /Tx/)

No Impairment of Rights. This Agreement shall not in any way affect the right of the Corporation 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. In addition, nothing in this Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Corporation or the stockholders to remove Optionee from the Board at any time in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Touchstone Software Corp /Ca/)

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