Capital Adjustments and Reorganizations Acquisitions and Divestitures Contract Clauses (8)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Capital Adjustments and Reorganizations Acquisitions and Divestitures clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Capital Adjustments and Reorganizations Acquisitions and Divestitures. The existence of the Performance Units shall not affect in any way the right or power of the Company or any company the stock of which is awarded pursuant to this Agreement to make or authorize any adjustment, recapitalization, reorganization or other change in its capital structure or its business, engage in any merger or consolidation, issue any debt or equity securities, dissolve or liquidate, or sell, lease, exchange or otherwise dispose of all or any part of its assets or business, or engag...e in any other corporate act or proceeding. If, during the Performance Award Period, the Company or any of its subsidiaries acquire or dispose of, by any means including by asset or equity purchase or sale or by merger, any entity, business or material group of assets, the Committee shall revise the threshold, target and maximum for the Performance Period of such acquisition or disposition and all subsequent Performance Periods as allowed by Section 162(m) and the Committee determines is necessary to properly adjust such amounts to reflect the results of such transaction. View More
Found in RigNet, Inc. contract
Capital Adjustments and Reorganizations Acquisitions and Divestitures. The existence of the Performance Units shall not affect in any way the right or power of the Company or any company the stock of which is awarded pursuant to this Agreement to make or authorize any adjustment, recapitalization, reorganization or other change in its capital structure or its business, engage in any merger or consolidation, issue any debt or equity securities, dissolve or liquidate, or sell, lease, exchange or otherwise dispose of all or any part of its assets or business, or engag...e in any other corporate act or proceeding. If, during the Performance Award Period, the Company or any of its subsidiaries acquire or dispose of, by any means including by asset or equity purchase or sale or by merger, any entity, business or material group of assets, assets in a transaction reported by the Company under Item 2.01 on a Current Report on Form 8-K filed with the Securities and Exchange Commission, the Committee shall revise the threshold, target and maximum for the Performance Period of such acquisition or disposition and all subsequent Performance Periods as allowed by Section 162(m) and the Committee determines is necessary to properly adjust such amounts to reflect the results of such transaction. View More
Found in RigNet, Inc. contract
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