Amendment of Option. This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 8 contracts
Samples: Bonus and Stock Option Agreement (WGNB Corp), Incentive Stock Option Agreement (WGNB Corp), Incentive Stock Option Agreement (WGNB Corp)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or of regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Cogeneration Corp of America), Nonqualified Stock Option Agreement (Cogeneration Corp of America), Stock Option Agreement (Cogeneration Corp of America)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition additions to or change changes in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeParticipant.
Appears in 5 contracts
Samples: Stock Option Agreement (Southland Corp), 1998 Award Agreement (Southland Corp), Stock Option Agreement (Southland Corp)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Rait Investment Trust), Grant of Non Qualified Stock Option (Rait Investment Trust), Grant of Non Qualified Stock Option (Rait Investment Trust)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; Option or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeParticipant.
Appears in 4 contracts
Samples: Employment Agreement (Startek Inc), Stock Option Agreement (Startek Inc), Option Agreement (Startek Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; Option or (ii) other than in the circumstances described in clause (i), with the written consent of WGNB and the Grantee.
Appears in 3 contracts
Samples: Grant of Incentive Stock Option (Fidelity Leasing Inc), Incentive Stock Option Agreement (Fidelity Leasing Inc), Incentive Stock Option Agreement (Fidelity Leasing Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeOptionee.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Paysys International Inc), Incentive Stock Option Agreement (Paysys International Inc), Incentive Stock Option Agreement (Paysys International Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986, as amended, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 3 contracts
Samples: Employment Agreement (BPO Management Services), Incentive Stock Option Agreement (Regent Communications Inc), Nonstatutory Stock Option Agreement (BPO Management Services)
Amendment of Option. This Agreement and the The terms of the Option may be amended by the Board or the Committee at any time (ia) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and that by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.or
Appears in 2 contracts
Samples: Stock Option Agreement (National City Bancshares Inc), Stock Option Agreement (National City Bancshares Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 2 contracts
Samples: Grant of Incentive Stock Option (Resource America Inc), Nonstatutory Stock Option Agreement (Vertical Computer Systems Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Stock Option Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 2 contracts
Samples: Employment Agreement (Uci Medical Affiliates Inc), Employment Agreement (Uci Medical Affiliates Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; Option or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeParticipant.
Appears in 2 contracts
Samples: Resignation Agreement (Startek Inc), Option Agreement (Startek Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition additions to or change changes in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), in the latter case with the consent of WGNB and the GranteeParticipant.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (7 Eleven Inc), Nonqualified Stock Option Agreement (7 Eleven Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (ia) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code Code, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (iib) other than in the circumstances described in clause (ia), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Grant of Incentive Stock Option (Play by Play Toys & Novelties Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) without the Optionee's consent if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than . Except as provided in the circumstances described in clause (i)preceding sentence, the Option may be amended by the Board or the Committee only with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Grant of Nonqualified Stock Option (Gumtech International Inc \Ut\)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Executive Employment Agreement (Todd Shipyards Corp)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeParticipant.
Appears in 1 contract
Samples: Non Qualified Stock Option Grant Agreement (Summit Financial Group Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board of Directors or the Committee at any time (i) if the Board of Directors or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Amendment of Option. This Agreement and the terms of the The Option may be amended by the REIT Board of Trustees (the "Board") or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code or in the regulations issued thereunder, or any federal Federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeOptionee.
Appears in 1 contract
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (ia) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date date of Grant this Agreement and by its terms applies to the Option; or (iib) other than in the circumstances described in clause (ia), with the written consent of WGNB and the GranteeParticipant.
Appears in 1 contract
Samples: Stock Option Participant Agreement (First Chester County Corp)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that an amendment is necessary or advisable due to in light of any addition to or change in the Internal Revenue Code of 1986, as amended, or in the regulations issued thereunder, or pursuant to any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), ) with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Nonqualified Stock Option Award Agreement (National Home Centers Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Internal Revenue Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, regulation which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause Clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Amendment of Option. This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB the Company and the Grantee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Cotton States Life Insurance Co /)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or of regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeXxxxxxx.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (NRG Generating U S Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; , or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Employment Agreement (Gumtech International Inc \Ut\)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (ia) if the Board or the Committee determines, in its their sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code Code, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; Option or (iib) other than in the circumstances described in clause (ia), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Grant of Incentive Stock Option (Intrust Financial Corp /)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to bring the Plan and/or the Option into compliance with, or in light of, any addition to or change in the Internal Revenue Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which addition or change occurs after the Grant Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Amendment of Option. This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB CNB and the Grantee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (First Capital Bancorp, Inc.)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to bring the Plan and/or the Option into compliance with, or in light of, any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which addition or change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board of Directors or the Committee at any time (i) if the Board of Directors or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board of Directors or the Committee at any time (i) if the Board of Directors or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Internal Revenue Code of 1986, as amended, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Grant of Non Qualified Stock Option (Bancorp, Inc.)
Amendment of Option. This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (iI) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
