Common use of NO LIMITATIONS ON COMPANY'S DISCRETION Clause in Contracts

NO LIMITATIONS ON COMPANY'S DISCRETION. The grant of the Option hereby shall not affect 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 or consolidate or to dissolve, liquidate, sell or transfer all or any part of its business or assets.

Appears in 11 contracts

Samples: Employee Non Qualified Stock Option Agreement (Zoran Corp \De\), Outside Director Non Qualified Stock Option Agreement (Zoran Corp \De\), Employee Non Qualified Stock Option Agreement (Oak Technology Inc)

AutoNDA by SimpleDocs

NO LIMITATIONS ON COMPANY'S DISCRETION. The grant of the Option -------------------------------------- hereby shall not affect 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 or consolidate or to dissolve, liquidate, sell or transfer all or any part of its business or assets.

Appears in 1 contract

Samples: Consultant and Independent Contractor Non Qualified Stock Option Agreement (International Network Services)

AutoNDA by SimpleDocs

NO LIMITATIONS ON COMPANY'S DISCRETION. The grant of the Option hereby shall not affect 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 or consolidate or to dissolve, liquidate, sell or transfer all or any part of its business or assets. 8. MANNER OF EXERCISE.

Appears in 1 contract

Samples: Director Non Qualified Stock Option Agreement (Portola Packaging Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!