Common use of No Limitation on Rights of the Company Clause in Contracts

No Limitation on Rights of the Company. The award of Restricted Shares does not and will not in any way affect the right or power of the Company to make adjustments, reclassifications or changes in its capital or business structure, or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Paccar Inc), Share Match Restricted Stock Award Agreement (Paccar Inc), Restricted Stock Award Agreement (Paccar Inc)

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No Limitation on Rights of the Company. The award of Restricted Shares Stock does not and will not in any way affect the right or power of the Company to make adjustments, reclassifications or changes in its capital or business structure, or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets.

Appears in 3 contracts

Samples: Restricted Stock Grant Agreement (Paccar Inc), Restricted Stock Grant Agreement (Paccar Inc), Restricted Stock Award Agreement (Paccar Inc)

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No Limitation on Rights of the Company. The award of Restricted Shares does not and will not in any way affect the right or power of the Company to make adjustments, reclassifications or changes in its capital or business structure, or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets.. February 7, 2014 Performance-Based Annual

Appears in 1 contract

Samples: 2016 Restricted Stock Award Agreement for 2015 Performance (Paccar Inc)

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