Amendment or Termination of Plan Clause Example with 5 Variations from Business Contracts

This page contains Amendment or Termination of 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 or Termination of Plan. The Board or the Committee may amend, suspend or terminate the Plan at any time. However, without the approval of the Company's shareholders, there shall be (a) no increase in the maximum aggregate number of shares of Stock that may be issued under the Plan (except by operation of the provisions of Section 4.2), (b) no change in the class of persons eligible to receive Incentive Stock Options, and (c) no other amendment of the Plan that would require approval of the Company's shareholders under ...any applicable law, regulation or rule. No amendment, suspension or termination of the Plan shall affect any then outstanding Award unless expressly provided by the Board or the Committee. In any event, no amendment, suspension or termination of the Plan may adversely affect any then outstanding Award without the consent of the Participant unless necessary to comply with any applicable law, regulation or rule. View More
Found in PURE BIOSCIENCE, INC. contract

Variations of a "Amendment or Termination of Plan" Clause from Business Contracts

Amendment or Termination of Plan. The Board or the Committee may amend, suspend or terminate the Plan at any time. However, without the approval of the Company's shareholders, there shall be (a) no increase in the maximum aggregate number of shares of Stock that may be issued under the Plan (except by operation of the provisions of Section 4.2), Subsection 4.3), (b) no change in the class of persons eligible to receive Incentive Stock Options, and (c) no other amendment of the Plan that would require approval of the Company's sh...areholders under any applicable law, regulation or rule. rule, including the rules of any stock exchange or market system upon which the Stock may then be listed. No amendment, suspension or termination of the Plan shall affect any then outstanding Award unless expressly provided by the Board or Board. Except as provided by the Committee. In any event, next sentence, no amendment, suspension or termination of the Plan may adversely affect any then outstanding Award without the consent of 2014 Stock Incentive Plan June 2016 Amendment and Restatement 19 the Participant unless Participant. Notwithstanding any other provision of the Plan or any Award Agreement to the contrary, the Board may, in its sole and absolute discretion and without the consent of any Participant, amend the Plan or any Award Agreement, to take effect retroactively or otherwise, as it deems necessary or advisable for the purpose of conforming the Plan or such Award Agreement to comply with any applicable present or future law, regulation or rule. rule applicable to the Plan, including, but not limited to, Section 409A of the Code. View More
Found in Jaguar Health, Inc. contract
Amendment or Termination of Plan. The Board or the Committee may amend, suspend or terminate the Plan at any time. However, without the approval of the Company's shareholders, stockholders, there shall be (a) no increase in the maximum aggregate number of shares of Stock that may be issued under the Plan (except by operation of the provisions of Section 4.2), Subsection 4.3), (b) no change in the class of persons eligible to receive Incentive Stock Options, and (c) no other amendment of the Plan that would require approval of th...e Company's shareholders stockholders under any applicable law, regulation or rule. rule, including the rules of any stock exchange or market system upon which the Stock may then be listed. No amendment, suspension or termination of the Plan shall affect any then outstanding Award unless expressly provided by the Board or Board. Except as provided by the Committee. In any event, next sentence, no amendment, suspension or termination of the Plan may adversely affect any then outstanding Award without the consent of the Participant unless Participant. Notwithstanding any other provision of the Plan or any Award Agreement to the contrary, the Board may, in its sole and absolute discretion and without the consent of any Participant, amend the Plan or any Award Agreement, to take effect retroactively or otherwise, as it deems necessary or advisable for the purpose of conforming the Plan or such Award Agreement to comply with any applicable present or future law, regulation or rule. rule applicable to the Plan, including, but not limited to, Section 409A of the Code. View More
Found in Neonode Inc. contract
Amendment or Termination of Plan. The Board or the Committee may amend, suspend or terminate the Plan at any time. However, without the approval of the Company's shareholders, stockholders, there shall be (a) no increase in the maximum aggregate number of shares of Stock that may be issued under the Plan (except by operation of the provisions of Section 4.2), (b) no change in the class of persons eligible to receive Incentive Stock Options, and (c) no other amendment of the Plan that would require approval of the Company's share...holders stockholders under any applicable law, regulation or rule. rule, including the rules of any stock exchange or market system upon which the Stock may then be listed. No amendment, suspension or termination of the Plan shall affect any then outstanding Award unless expressly provided by the Board or Board. Except as provided by the Committee. In any event, next sentence, no amendment, suspension or termination of the Plan may materially adversely affect any then outstanding Award without the consent of the Participant unless Participant. Notwithstanding any other provision of the Plan or any Award Agreement to the contrary, the Board may, in its sole and absolute discretion and without the consent of any Participant, amend the Plan or any Award Agreement, to take effect retroactively or otherwise, as it deems necessary or advisable for the purpose of conforming the Plan or such Award Agreement to comply with any applicable present or future law, regulation or rule. rule applicable to the Plan, including, but not limited to, Section 409A of the Code. View More
Found in PROGENITY, INC. contract
Amendment or Termination of Plan. The Board or the Committee may amend, suspend or terminate the Plan at any time. However, without the approval of the Company's shareholders, there shall be (a) no increase in the maximum aggregate number of shares of Stock Shares that may be issued under the Plan (except by operation of the provisions of Section 4.2), (b) no change in the class of persons eligible to receive Incentive Stock Options, and (c) no other amendment of the Plan that would require approval of the Company's shareholders... under any applicable law, regulation or rule. rule, including the rules of any stock exchange or market system upon which the Shares may then be listed. No amendment, suspension or termination of the Plan shall affect any then outstanding Award unless expressly provided by the Board or Board. Except as provided by the Committee. In any event, next sentence, no amendment, suspension or termination of the Plan may adversely affect any then outstanding Award without the consent of the Participant unless Participant. Notwithstanding any other provision of the Plan or any Award Agreement to the contrary, the Board may, in its sole and absolute discretion and without the consent of any Participant, amend the Plan or any Award Agreement, to take effect retroactively or otherwise, as it deems necessary or advisable for the purpose of conforming the Plan or such Award Agreement to comply with any applicable present or future law, regulation or rule. rule applicable to the Plan, including, but not limited to, Section 409A of the Code. View More
Found in Frankly Inc contract
Amendment or Termination of Plan. The Board or the Committee may amend, suspend or terminate the Plan at any time. However, without the approval of the Company's shareholders, there shall be (a) no increase in the maximum aggregate number of shares of Stock that may be issued under the Plan (except by operation of the provisions of Section 4.2), (b) no change in the class of persons eligible to receive Incentive Stock Options, (c) no amendment to Section 5.4(b) or 5.4(c), and (c) (d) no other amendment of the Plan that would req...uire approval of the Company's shareholders under any applicable law, regulation or rule. Notwithstanding the foregoing, only the Board may amend Section 7 and may do so without the approval of the Company's shareholders. No amendment, suspension or termination of the Plan shall affect any then outstanding Award unless expressly provided by the Board or the Committee. In any event, no amendment, suspension or termination of the Plan may adversely affect any then outstanding Award without the consent of the Participant unless necessary to comply with any applicable law, regulation or rule. View More
Found in PG&E Corp contract