Common use of Amendment of Option Clause in Contracts

Amendment of Option. The Committee may not, without the written consent of the Participant, revoke this Agreement insofar as it relates to the Option granted hereunder, and may not without such written consent make or change any determination or change any term, condition or provision affecting the Option if the determination or change would materially and adversely affect the Option or the Participant's rights thereto.

Appears in 12 contracts

Samples: Grant Stock Option Agreement (Verizon Communications Inc), Grant Stock Option Agreement (Verizon Communications Inc), Grant Stock Option Agreement (Verizon Communications Inc)

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