Common use of Agreement Subject to Plan; Amendment Clause in Contracts

Agreement Subject to Plan; Amendment. By entering into this Agreement, the Participant agrees and acknowledges that the Participant has received and read a copy of the Plan. This Award is subject to the Plan and the terms and provisions of the Plan are hereby incorporated herein by reference. The terms of the Agreement and the Award Certificate may be amended from time to time by the Committee in its sole discretion in any manner that it deems appropriate; provided, that any such amendment that would materially and adversely affect any right of the Participant shall not to that extent be effective without the consent of the Participant; but provided further that this Agreement may be terminated and liquidated without the consent of Participant (but subject to the requirements of Treas. Reg. § 1.409A-3(j)(4)(ix), if applicable).

Appears in 5 contracts

Samples: Restricted Share Rights Award Agreement (Brandywine Operating Partnership, L.P.), Restricted Share Rights Award Agreement (Brandywine Operating Partnership, L.P.), Restricted Share Rights Award Agreement (Brandywine Operating Partnership, L.P.)

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