Amendment and Termination of the Plan Clause Example with 19 Variations from Business Contracts

This page contains Amendment and Termination of the Plan clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b) Shareholder Approval. The Company will obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, ...which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in MARVELL TECHNOLOGY GROUP LTD contract

Variations of a "Amendment and Termination of the Plan" Clause from Business Contracts

Amendment and Termination of the Plan. (a) 16.1 Amendment and Termination. The Administrator Board may at any time amend, alter, suspend or terminate the Plan. (b) 16.2 Shareholder Approval. The Company will Board shall obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) 11 16.3 Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will shall impair the rights of any Participant, Optionee, unless mutually agreed other...wise between the Participant Optionee and the Administrator, which agreement must be in writing and signed by the Participant Optionee and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards Options granted under the Plan prior to the date of such termination. Notwithstanding the foregoing or any provision of the Plan or an Award Agreement to the contrary, the Board may at any time (without the consent of any Service Provider) modify, amend or terminate any or all of the provisions of this Plan or an Award Agreement to the extent necessary to conform the provisions of the Plan and/or Award with Section 409A or any other provision of the Code or other applicable law, the regulations issued thereunder or an exception thereto, regardless of whether such modification, amendment or termination of the Plan and/or Award shall adversely affect the rights of a Service Provider. View More
Found in Xometry, Inc. contract
Amendment and Termination of the Plan. (a) 20.1 Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b) 20.2 Shareholder Approval. The Company will obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) 20.3 Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will materially impair the rights of any Participant, unless (i) mutually agreed otherwise between the Parti...cipant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Company, (ii) as the Administrator deems necessary or appropriate to clarify the manner of exemption from Section 409A or compliance with any requirements necessary to avoid the imposition of additional tax or interest under Code Section 409A(a)(1)(B), or (iii) to comply with other Applicable Laws. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in AMBARELLA INC contract
Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. Notwithstanding the foregoing, any amendment shall be subject to any requirement for stockholder approval imposed by applicable law, including the rules and regulations of the principal U.S. national securities exchange on which the Shares are traded; provided that the Board may not amend the Plan in any manner that would result in noncompliance with Rule 16b-3 under the Exchange Act; an...d further provided that the Board may not, without the approval of the Company's stockholders, amend Sections 3(d), 12, or 23. (b) Shareholder Approval. The Company will obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will materially impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in LRAD Corp contract
Amendment and Termination of the Plan. (a) Amendment (a)Amendment and Termination. The Administrator Board may at any time amend, alter, suspend or terminate the Plan. (b) Shareholder (b)Stockholder Approval. The Company will shall obtain shareholder stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect Laws and shall obtain stockholder approval for any amendment to the Plan to increase the number of shares available under the Plan, to change the class of employees... eligible to participate in the Plan, to permit the Administrator to grant Options and SARs with an exercise price that is below Fair Market Value on the date of grant, to permit the Administrator to extend the exercise period for an Option or SAR beyond ten years from the date of grant, or to provide for additional material benefits under the Plan. (c)Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will shall impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in Advanced Micro Devices Inc contract
Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b) Shareholder Approval. The Company will obtain shareholder stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Unless earlier terminated or extended, the Plan will continue in effect until February 6, 2029, at which time it shall terminate without further action on the part of the Board or the Company. (b) Effect of Amen...dment or Termination. No amendment, alteration, suspension or termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between without the Participant and consent of the Administrator, which agreement must be in writing and signed by the Participant and the Company. Participant. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in Cytokinetics, Incorporated contract
Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator Board may at any time amend, alter, suspend or terminate the Plan. (b) Shareholder Stockholder Approval. The Company will shall obtain shareholder stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. Law. Notwithstanding the foregoing, the Company shall also obtain stockholder approval of any Plan amendment or any exchange, buy-back or other scheme which would purport to reprice or otherw...ise cancel and replace any Option or SAR as described in Section 6(c) of the Plan. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will shall impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in 2 Contracts from Nuance Communications, Inc.
Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator Board may at any time wholly or partially amend, alter, suspend suspend, or terminate the Plan. (b) Shareholder Approval. The Company will Board shall obtain shareholder member approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) (b) Effect of Amendment or Termination. No amendment, alteration, suspension suspension, or termination of the Plan will shall impair the rights of any Participant, Hold...er, unless mutually agreed otherwise between the Participant Holder and the Administrator, which agreement must be in writing and signed by the Participant Holder and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards Restricted Membership Units granted under the Plan prior to the date of such termination. View More
Found in US XPRESS ENTERPRISES INC contract
Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator Board may at any time amend, alter, suspend or terminate the Plan. (b) Shareholder Stockholder Approval. The Company will Board shall obtain shareholder stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. -9- (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will shall impair the rights of any Participant, Optionee, unless mutually ag...reed otherwise between the Participant Optionee and the Administrator, which agreement must be in writing and signed by the Participant Optionee and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards Options granted under the Plan prior to the date of such termination. View More
Found in PHASERX, INC. contract
Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator Board may at any time amend, alter, suspend or terminate the Plan. (b) Shareholder Stockholder Approval. The Company will Board shall obtain shareholder stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will shall impair the rights of any Participant, Optionee, unless mutually agreed... otherwise between the Participant Optionee and the Administrator, which agreement must be in writing and signed by the Participant Optionee and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards Options granted under the Plan prior to the date of such termination. View More
Found in 5 Contracts from 5 Companies
Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator Board may at any time amend, alter, suspend or terminate the Plan. (b) Shareholder Approval. The Company will Board shall obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will shall impair the rights of any Participant, Optionee, unless mutually agreed otherwise between the P...articipant Optionee and the Administrator, which agreement must be in writing and signed by the Participant Optionee and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards Options granted under the Plan prior to the date of such termination. View More
Found in BioCardia, Inc. contract