Common use of Amendment, Modification and Termination Clause in Contracts

Amendment, Modification and Termination. The Administrator may amend, suspend or terminate the Plan at any time and from time to time; provided, however, that approval of the Company’s stockholders shall be required to amend the Plan to: (a) increase the aggregate number, or change the type, of shares that may be sold pursuant to rights under the Plan under Section 3.1 (other than an adjustment as provided by Article VIII) or (b) change the corporations or classes of corporations whose employees may be granted rights under the Plan.

Appears in 1 contract

Samples: Transaction Agreement (Horizon Acquisition Corp)

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Amendment, Modification and Termination. The Administrator may amend, suspend or terminate the Plan at any time and from time to time; provided, however, that approval of the Company’s stockholders shall be required to amend the Plan to: (a) to increase the aggregate number, or change the type, of shares that may be sold pursuant to rights under the Plan under Section 3.1 (other than an adjustment as provided by Article VIII) or (b) change as may otherwise be required under Section 423 of the corporations or classes of corporations whose employees may be granted rights under the PlanCode.

Appears in 1 contract

Samples: Merger Agreement (DFP Healthcare Acquisitions Corp.)

Amendment, Modification and Termination. The Administrator may amend, suspend or terminate the Plan at any time and from time to time; provided, however, that approval of the Company’s stockholders shall be required to amend the Plan to: (a) increase the aggregate number, or change the type, of shares that may be sold pursuant to rights under the Plan under Section 3.1 (other than an adjustment as provided by Article VIII) or ), (b) change the corporations or classes of corporations whose employees may be granted rights under the PlanPlan or (c) to the extent required under Applicable Law, taking into account the terms hereof.

Appears in 1 contract

Samples: Merger Agreement (Northern Genesis Acquisition Corp. II)

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Amendment, Modification and Termination. The Administrator may amend, suspend or terminate the Plan at any time and from time to time; provided, however, that approval of the Company’s stockholders shall be required to amend the Plan to: (a) increase the aggregate number, or change the type, of shares that may be sold pursuant to rights under the Plan under Section 3.1 (other than an adjustment as provided by Article VIII) ); or (b) change the corporations or classes of corporations whose employees may be granted rights under the Plan.

Appears in 1 contract

Samples: Business Combination Agreement (Ascendant Digital Acquisition Corp.)

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