Amendment Clause Example from Business Contracts

This example Amendment clause appears in 2 contracts from 1 company

Amendment. Any amendment to the Plan shall be deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto; provided, however, that, subject to the terms of the Plan, no amendment shall materially impair the rights of the Optionee with respect to the Option without the Optionee's consent.
Found in Timken Co contract
Timken Co Contracts

Form of Nonqualified Stock Option Agreement (U.S.) as adopted February 7, 2019 and to be granted pursuant to the Timken Company 2019 Equity and Incentive Compensation Plan (Filed With SEC on May 1, 2019)

Form of Nonqualified Stock Option Agreement (U.S., retirement age 62), as adopted February 7, 2019 and to be granted pursuant to the Timken Company 2019 Equity and Incentive... (Filed With SEC on May 1, 2019)