Amendment, Modification or Termination. The Committee may amend, modify, or terminate any RSUs at any time prior to vesting in any manner not inconsistent with the terms of the Plan. Notwithstanding the foregoing, no amendment, modification, or termination may materially impair the rights of an Employee hereunder without the consent of the Employee.
Appears in 7 contracts
Samples: Incentive Agreement for Restricted Stock Units (Tidewater Inc), Restricted Stock Unit Agreement (Tidewater Inc), Award Agreement for Restricted Stock Units (Tidewater Inc)
Amendment, Modification or Termination. The Committee may amend, modify, or terminate any RSUs at any time prior to vesting in any manner not inconsistent with the terms of the Plan. Notwithstanding the foregoing, no amendment, modification, or termination may materially impair the rights of an Employee hereunder the Director under this Agreement without the consent of the Employeehis or her consent.
Appears in 4 contracts
Samples: Incentive Agreement for the Grant of Restricted Stock Units (Tidewater Inc), Incentive Agreement for Restricted Stock Units (Tidewater Inc), Restricted Stock Unit Agreement (Tidewater Inc)
Amendment, Modification or Termination. The Committee may amend, modify, or terminate any PB RSUs at any time prior to vesting in any manner not inconsistent with the terms of the Plan. Notwithstanding the foregoing, no amendment, modification, or termination may materially impair the rights of an Employee hereunder without the consent of the Employee.
Appears in 1 contract
Samples: Performance Based Restricted Stock Units Agreement (Tidewater Inc)
Amendment, Modification or Termination. The Committee may amend, modify, or terminate any RSUs at any time prior to vesting in any manner not inconsistent with the terms of the Plan. Notwithstanding the foregoing, no amendment, modification, or termination may materially impair the rights of an the Employee hereunder without the consent of the Employeehis or her consent.
Appears in 1 contract
Samples: Incentive Agreement for Restricted Stock Units (Tidewater Inc)
