Common use of Powers of the Company Not Affected Clause in Contracts

Powers of the Company Not Affected. The existence of the Restricted Stock Units shall not affect in any way the right or power of the Company or its shareholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business, or any merger or consolidation of the Company, or any issuance of bonds, debentures, preferred or prior preference stock ahead of or affecting the Company’s common stock or the rights thereof, or dissolution or liquidation of the Company, or any sale or transfer of all or any part of the Company’s assets or business or any other corporate act or proceeding, whether of a similar character or otherwise.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Sensient Technologies Corp), Restricted Stock Unit Agreement (Sensient Technologies Corp), Restricted Stock Unit Agreement (Sensient Technologies Corp)

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Powers of the Company Not Affected. The existence of the Restricted Stock Units shall not affect in any way the right or power of the Company or its shareholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business, or any merger or consolidation of the Company, or any issuance of bonds, debentures, preferred or prior preference stock ahead of or affecting the Company’s common stock or the rights thereof, or dissolution or liquidation of the Company, or any sale or transfer of all or any part of the Company’s assets or business or any other corporate act or proceeding, whether of a similar character or otherwise.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Sensient Technologies Corp), Restricted Stock Agreement (Sensient Technologies Corp)

Powers of the Company Not Affected. The existence of the Restricted Performance Stock Units shall not affect in any way the right or power of the Company or its shareholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business, or any merger or consolidation of the Company, or any issuance of bonds, debentures, preferred or prior preference stock ahead of or affecting the Company’s common stock or the rights thereof, or dissolution or liquidation of the Company, or any sale or transfer of all or any part of the Company’s assets or business or any other corporate act or proceeding, whether of a similar character or otherwise.

Appears in 2 contracts

Samples: Performance Stock Unit Agreement (Sensient Technologies Corp), Performance Stock Unit Agreement (Sensient Technologies Corp)

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Powers of the Company Not Affected. The existence of this Agreement or the Restricted Stock Units Shares herein granted shall not affect in any way the right or power of the Company or its shareholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business, or any merger or consolidation of the Company, or any issuance of bonds, debentures, preferred preferred, or prior preference stock ahead of or affecting the Company’s common stock Common Stock or the rights thereof, or dissolution or liquidation of the Company, or any sale or transfer of all or any part of the Company’s its assets or business business, or any other corporate act or proceeding, whether of a similar character or otherwise.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Middleton Doll Co)

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