Modification and Waiver Clause Example from Business Contracts

This example Modification and Waiver clause appears in 4 contracts from 1 company

Modification and Waiver. Any term of this Option may be amended by a writing signed by the Company and the Holder. The observance of any term of this Option may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a writing signed by the party against whom the waiver is to be enforced.