Amendment Suspension or Termination of the Plan Clause Example from Business Contracts

This example Amendment Suspension or Termination of the Plan clause appears in 2 contracts from 1 company

Amendment Suspension or Termination of the Plan. By accepting this Award, the Participant expressly warrants that he or she has received an award under the Plan, and has received, read and understood a description of the Plan. The Participant understands that the Plan is discretionary in nature and may be modified, suspended or terminated by the Company at any time.