Amendment Clause Example with 4 Variations from Business Contracts

This page contains Amendment 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. The Committee may amend, modify or terminate this Certificate without approval of Optionee; provided, however, that such amendment, modification or termination shall not, without Optionee's consent, reduce or diminish the value of this award determined as if it had been fully vested on the date of such amendment or termination.

Variations of a "Amendment" Clause from Business Contracts

Amendment. The Committee may amend, modify or terminate the Award and this Certificate Agreement without approval of Optionee; provided, however, that such amendment, modification or termination shall not, without Optionee's consent, reduce or diminish the value of this award determined as if it had been fully vested and exercised on the date of such 30 amendment or termination. termination (with the per-share value being calculated as the excess, if any, of the Fair Market Value over the exercise price of... the Options). View More
Amendment. The Committee may amend, modify or terminate the Award and this Certificate Agreement without approval of Optionee; provided, however, that such amendment, modification or termination shall not, without Optionee's consent, reduce or diminish the value of this award determined as if it had been fully vested and exercised on the date of such amendment or termination. termination (with the per-share value being calculated as the excess, if any, of the Fair Market Value over the exercise price of th...e Options). View More
Amendment. The Committee may amend, modify or terminate this Certificate Agreement without approval of Optionee; the Grantee; provided, however, that such amendment, modification or termination shall not, without Optionee's the Grantee's consent, reduce or diminish the value of this award determined as if it had been fully vested on the date of such amendment or termination.
Amendment. The Committee may amend, modify or terminate this Certificate without approval of Optionee; Grantee; provided, however, that such amendment, modification or termination shall not, without Optionee's Grantee's consent, reduce or diminish the value of this award determined as if it had been fully vested (i.e., as if the Units had vested) on the date of such amendment or termination.