Termination or Suspension of the Plan Clause Example from Business Contracts

This example Termination or Suspension of the Plan clause appears in 3 contracts from 2 companies

Termination or Suspension of the Plan. The Board may suspend or terminate the Plan at any time and no Awards may be granted under the Plan while the Plan is suspended or after it is terminated. The suspension or termination of the Plan shall not impair rights and obligations under any Award granted while the Plan was in effect except with the consent of the affected Participant.