Common use of Amendment Following Change in Control Clause in Contracts

Amendment Following Change in Control. Upon and after a Change in Control, and unless otherwise required by applicable statute or regulation, the following rules will govern amendments and waivers: (1) this Trust Agreement may not be amended except by an instrument in writing signed on behalf of the parties hereto together with the written consent of at least eighty percent (80%) of the Plan Participants then entitled to receive payments hereunder; (2) the parties hereto, together with the consent of not less than eighty percent (80%) of the Plan Participants then entitled to receive payments hereunder, may at any time waive compliance with any of the agreements or conditions contained herein; and (3) any agreement on the part of a party hereto or any Plan Participant to any such waiver shall be valid if set forth in an instrument in writing signed on behalf of such party or Plan Participant.

Amendment Following Change in Control. Upon and after a Change in Control, and unless otherwise required by applicable statute or regulation, the following rules will govern amendments and waivers: (1) this Trust Agreement may not be amended except by an instrument in writing signed on behalf of the parties hereto together with the written consent of at least eighty percent (80%) of the Plan Participants then entitled to receive payments hereunder; (2) the parties hereto, together with the consent of not less than eighty percent (80%) of the Plan Participants then entitled to receive payments hereunder, may at any time waive compliance with any of the agreements or conditions contained herein; and (3) any agreement on the part of a party hereto or any a Plan Participant to any such waiver shall be valid if set forth in an instrument in writing signed on behalf of such party or Plan Participant.

Amendment Following Change in Control. Upon and after a Change in Control, and unless otherwise required by applicable statute or regulation, the following rules will govern amendments and waivers: (1) this Trust Agreement may not be amended except by an instrument in writing signed on behalf of the parties hereto together with the written consent of at least eighty percent (80%) of the Plan Participants then entitled to receive payments hereunder; (2) the parties hereto, together with the consent of not less than eighty percent (80%) of the Plan Participants then entitled to receive payments hereunder, may at any time waive compliance with any of the agreements or conditions contained herein; and (3) any agreement on the part of a party hereto or any an Plan Participant to any such waiver shall be valid if set forth in an instrument in writing signed on behalf of such party or Plan Participant.