Amendments to the Plan and Awards Clause Example with 26 Variations from Business Contracts

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards without the consent of stockholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders not later than the annual meeting next 20 following such Committee action if such stockholder approval is required by any federal or ...state law or regulation or the rules of any stock exchange or automated quotation system on which the shares of Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other changes to the Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 EX-10.2 21 EX-10.3 2 a2234279zex-10_2.htm EX-10.2 d734403dex103.htm EX-10.3 EX-10.3 Exhibit 10.2 CACTUS, 10.3 RILEY EXPLORATION PERMIAN, INC. Long Term Incentive Plan 2019 LONG TERM INCENTIVE PLAN 1. Purpose. The purpose of the Cactus, Riley Exploration Permian, Inc. 2019 Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Riley Exploration Permian, Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest, and whose present and potential contributions to the Company and its Affiliates are of importance, can acquire and maintain stock ownership or and/or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or and/or any combination of the foregoing, as determined by the Committee in its sole discretion. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards without the consent of stockholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders not later than the annual meeting next following such Committee action if such stockholder approval is required by any federal or sta...te law or 20 regulation or the rules of any stock securities exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other changes to the Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 EX-10.2 2 a2234279zex-10_2.htm EX-10.2 21 EX-10.3 13 d94479dex103.htm EX-10.3 EX-10.3 Exhibit 10.2 CACTUS, INC. 10.3 Desert Peak Minerals Inc. 2021 Long Term Incentive Plan 1. Purpose. The purpose of the Cactus, Desert Peak Minerals Inc. 2021 Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Desert Peak Minerals Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest, and whose present and potential contributions to the welfare of the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards without the consent of stockholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders not later than the annual meeting next following such Committee action if such stockholder approval is required by any federal or sta...te law or regulation or the rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other changes to the Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 EX-10.2 2 a2234279zex-10_2.htm EX-10.2 EX-10.1 9 d483201dex101.htm EX-10.1 EX-10.1 Exhibit 10.2 CACTUS, 10.1 QUINTANA ENERGY SERVICES INC. 2018 Long Term Incentive Plan 1. Purpose. The purpose of the Cactus, Quintana Energy Services Inc. 2018 Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Quintana Energy Services Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest, and whose present and potential contributions to the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, Awards or any combination of the foregoing, as determined by the Committee in its sole discretion. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards without the consent of stockholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders not later than the annual meeting next following such Committee action if such stockholder approval is required by any federal or sta...te law or regulation or the rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other changes to the Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 EX-10.2 2 a2234279zex-10_2.htm EX-10.2 EX-10.1 5 d292890dex101.htm EX-10.1 EX-10.1 Exhibit 10.2 CACTUS, 10.1 ATLAS ENERGY SOLUTIONS, INC. Long Term Incentive Plan LONG TERM INCENTIVE PLAN 1. Purpose. The purpose of the Cactus, Atlas Energy Solutions Inc. Long Term Incentive Plan (the "Plan") is to provide a means through which which: (a) Cactus, Atlas Energy Solutions Inc., a Delaware corporation (the "Company"), and its the Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates the Affiliates; and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its the Affiliates rest, and whose present and potential contributions to the Company and its the Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the Company and its the Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards without the consent of stockholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders not later than the annual meeting next following such Committee action if such stockholder approval is required by any federal or sta...te law or regulation or the rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other changes to the Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 EX-10.2 2 a2234279zex-10_2.htm EX-10.2 21 EX-10.4 7 d194845dex104.htm EX-10.4 EX-10.4 Exhibit 10.2 CACTUS, 10.4 NERDY INC. Long Term Incentive Plan 2021 EQUITY INCENTIVE PLAN 1. Purpose. The purpose of the Cactus, Nerdy Inc. Long Term 2021 Equity Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Nerdy Inc., a Delaware corporation (the "Company"), and its the Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its the Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its the Affiliates rest, and whose present and potential contributions to the Company and its the Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the Company and its the Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards under the Plan without the consent of stockholders shareholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders shareholders not later than the annual meeting next following such Committee action if such stockholder s...hareholder approval is required by any federal or state law or regulation or the rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other such changes to the Plan to stockholders shareholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. The Committee may waive any conditions or rights under, or amend, alter, suspend, discontinue or terminate any Award theretofore granted and any Award Agreement relating thereto, except as otherwise provided in the Plan; provided, however, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under such Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 EX-10.2 2 a2234279zex-10_2.htm EX-10.2 23 EX-10.3 8 d191056dex103.htm EX-10.3 EX-10.3 Exhibit 10.2 CACTUS, 10.3 CENTENNIAL RESOURCE DEVELOPMENT, INC. 2016 Long Term Incentive Plan 1. Purpose. The purpose of the Cactus, Centennial Resource Development, Inc. 2016 Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Centennial Resource Development, Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, attract and retain and motivate qualified able persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest, and whose present and potential contributions to the welfare of the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company and its Affiliates. Accordingly, the Plan provides for the grant of Incentive Stock Options, SARs, Nonstatutory Options, Stock Appreciation Rights, Restricted Stock, Stock Awards, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. foregoing. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards without the consent of stockholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders not later than the annual meeting next following such Committee action if such stockholder approval is required by any federal or sta...te law or regulation or the rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other changes to the Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 EX-10.2 2 a2234279zex-10_2.htm EX-10.2 EX-10.3 9 d736504dex103.htm EX-10.3 EX-10.3 Exhibit 10.2 CACTUS, 10.3 BRIGHAM MINERALS, INC. 2019 Long Term Incentive Plan 1. Purpose. The purpose of the Cactus, Brigham Minerals, Inc. 2019 Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Brigham Minerals, Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest, and whose present and potential contributions to the welfare of the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards without the consent of stockholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders not later than the annual meeting next following such Committee action if such stockholder approval is required by any federal or sta...te law or regulation or the rules of any stock securities exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other changes to the Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore and, therefore, may be made without the consent of affected Participants. 20 EX-10.2 2 a2234279zex-10_2.htm EX-10.2 EX-10.3 7 d426246dex103.htm EX-10.3 EX-10.3 Exhibit 10.2 CACTUS, 10.3 VITESSE ENERGY, INC. Long Term Incentive Plan LONG TERM INCENTIVE PLAN 1. Purpose. The purpose of the Cactus, Vitesse Energy, Inc. Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Vitesse Energy, Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest, and whose present and potential contributions to the welfare of the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards under the Plan without the consent of stockholders shareholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders shareholders not later than the annual meeting next following such Committee action if such stockholder s...hareholder approval is required by any federal or state law or regulation or the rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other such changes to the Plan to stockholders shareholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. The Committee may waive any conditions or rights under, or amend, alter, suspend, discontinue or terminate any Award theretofore granted and any Award Agreement relating thereto, except as otherwise provided in the Plan; provided, however, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under such Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 24 EX-10.2 2 a2234279zex-10_2.htm 9 d200402dex102.htm EX-10.2 EX-10.2 Exhibit 10.2 CACTUS, INC. FORM OF WILDHORSE RESOURCE DEVELOPMENT CORPORATION 2016 Long Term Incentive Plan 1. Purpose. The purpose of the Cactus, Inc. WildHorse Resource Development Corporation 2016 Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Inc., WildHorse Resource Development Corporation, a Delaware corporation (the "Company"), and its Affiliates may attract, attract and retain and motivate qualified able persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest, and whose present and potential contributions to the welfare of the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company and its Affiliates. Accordingly, the Plan provides for the grant of Incentive Stock Options, SARs, Nonstatutory Options, Stock Appreciation Rights, Restricted Stock, Stock Awards, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. foregoing. View More

Amendments to the Plan and Awards. The Committee may amend, alter, suspend, discontinue or terminate any Award or Award Agreement, the Plan or the Committee's authority to grant Awards without the consent of stockholders or Participants, except that any amendment or alteration to the Plan, including any increase in any share limitation, shall be subject to the approval of the Company's stockholders not later than the annual meeting next following such Committee action if such stockholder approval is required by any federal or sta...te law or regulation or the rules of any stock exchange or automated quotation system on which the Stock may then be listed or quoted, and the Committee may otherwise, in its discretion, determine to submit other changes to the Plan to stockholders for approval; provided, that, without the consent of an affected Participant, no such Committee action may materially and adversely affect the rights of such Participant under any previously granted and outstanding Award. For purposes of clarity, any adjustments made to Awards pursuant to Section 8 will be deemed not to materially and adversely affect the rights of any Participant under any previously granted and outstanding Award and therefore may be made without the consent of affected Participants. 20 21 EX-10.2 2 a2234279zex-10_2.htm 9 d170629dex102.htm EX-10.2 EX-10.2 Exhibit 10.2 CACTUS, FORM OF REV RENEWABLES INC. Long Term Incentive Plan 2022 LONG TERM INCENTIVE PLAN 1. Purpose. The purpose of the Cactus, REV Renewables Inc. 2022 Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, REV Renewables Inc., a Delaware corporation (the "Company"), and its the Affiliates may attract, retain and motivate qualified persons as employees, directors directors, consultants, and consultants, other individual service providers, thereby enhancing the profitable growth of the Company and its the Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its the Affiliates rest, and whose present and potential contributions to the Company and its the Affiliates are of importance, can acquire and maintain stock ownership or awards awards, the value of which is tied to the performance of the Company, thereby strengthening their concern for the Company and its the Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More