Amendment Clause Example from Business Contracts

This example Amendment clause appears in 3 contracts from 1 company

Amendment. Subject to the terms of the Plan, the Board may modify this Agreement upon written notice to the Grantee. Any amendment to the Plan shall be deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto. Notwithstanding the foregoing, no amendment of the Plan or this Agreement shall adversely affect the rights of the Grantee under this Agreement in a material way without the Grantee's consent, except as otherwise may be provided in the Plan.