Common use of No Limitations on Company Clause in Contracts

No Limitations on Company. The grant of the Option shall not affect or limit in any way the right or power of the Company to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure or to merge, consolidate, dissolve, or liquidate, or to sell or transfer all or any part of its business or assets.

Appears in 15 contracts

Samples: Performance Based Stock Appreciation Right Agreement (Hackett Group, Inc.), Performance Based Stock Appreciation Right Agreement (Hackett Group, Inc.), Stock Option Agreement (WSB Holdings Inc)

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No Limitations on Company. The grant of an Option ------------------------- pursuant to the Option Plan shall not affect or limit in any way the right or power of the Company or Bank to make adjustments, reclassifications, reorganizations, reorganizations or changes of its capital or business structure or to merge, consolidate, dissolve, dissolve or liquidate, or to sell or transfer all or any part of its business or assets.

Appears in 1 contract

Samples: Amendment No. 1 to the Mechanics Savings Bank 1996 Officer Stock Option Plan (Mech Financial Inc)

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No Limitations on Company. The grant of an Option pursuant to the Option ------------------------- Plan shall not affect or limit in any way the right or power of the Company or Bank to make adjustments, reclassifications, reorganizations, reorganizations or changes of its capital or business structure or to merge, consolidate, dissolve, dissolve or liquidate, or to sell or transfer all or any part of its business or assets.

Appears in 1 contract

Samples: Director Stock Option Plan Amendment (Mech Financial Inc)

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