Common use of No Restriction on Corporate Action Clause in Contracts

No Restriction on Corporate Action. Nothing contained in the Plan shall be construed to prevent the Company or any Affiliate from taking any corporate action which is deemed by the Company or such Affiliate to be appropriate or in its best interest, whether or not such action would have an adverse effect on the Plan or any Award made under the Plan. No Employee, Director, Consultant, beneficiary or other person shall have any claim against the Company or any Affiliate as a result of any such action.

Appears in 11 contracts

Samples: Merger Agreement (BYTE Acquisition Corp.), Business Combination Agreement (HH&L Acquisition Co.), Business Combination Agreement (Digerati Technologies, Inc.)

AutoNDA by SimpleDocs

No Restriction on Corporate Action. Nothing contained in the this Plan shall be construed to prevent the Company or any Affiliate from taking any corporate action which is deemed by the Company or such Affiliate to be appropriate or in its best interest, whether or not such action would have an adverse effect on the this Plan or any Award made under the this Plan. No Employeeemployee, Consultant, Director, Consultant, beneficiary or other person shall have any claim against the Company or any Affiliate as a result of any such action.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Switch & Data, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.