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

This example Amendment Suspension or Termination of the Plan clause appears in 11 contracts from 7 companies

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