Common use of Amendment and Termination of the Plan Clause in Contracts

Amendment and Termination of the Plan. The Board may at any time amend or terminate the Plan, but no amendment or termination shall be made that would materially and adversely affect the rights of any Participant under any outstanding Award, without his or her consent. In addition, to the extent necessary and desirable to comply with Applicable Laws, the Company shall obtain the approval of holders of capital stock with respect to any Plan amendment in such a manner and to such a degree as required.

Amendment and Termination of the Plan. The Board may may, at any time amend and from time to time, amend, suspend, or terminate the PlanPlan as to any Awards which have not been made. An amendment shall be contingent on approval of the Company’s stockholders to the extent stated by the Board, but no amendment required by applicable law or termination required by applicable stock exchange listing requirements. No Awards shall be made that would materially and adversely affect after termination of the Plan. No amendment, suspension, or termination of the Plan shall, without the consent of the Grantee, impair rights of any Participant or obligations under any outstanding Award, without his or her consent. In addition, to the extent necessary and desirable to comply with Applicable Laws, the Company shall obtain the approval of holders of capital stock with respect to any Plan amendment in such a manner and to such a degree as requiredAward theretofore awarded.

Amendment and Termination of the Plan. The Board may at any time amend or terminate the Plan, but but, except as otherwise provided in Section 10, no amendment or termination shall be made that would materially and adversely affect the rights of any Participant under any outstanding Award, without his or her consent. In addition, to the extent necessary and desirable to comply with Applicable Laws, the Company shall obtain the approval of holders of capital stock with respect to any Plan amendment in such a manner and to such a degree as required.