Common use of Amendment of Option Clause in Contracts

Amendment of Option. 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 in the light of any addition to or change in 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 the Optionee.

Amendment of Option. 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 in the light of any addition to or change in the Internal Revenue Code of 1986, including amendments, 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 the OptioneeGrantee.

Amendment of Option. 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 in the light of any addition to or change in the Internal Revenue Code 1986 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 the OptioneeGrantee.

Amendment of Option. The Option may be amended by the REIT Board of Trustees (the "Board") 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 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 the OptioneeGrantee.

Amendment of Option. The Option may be amended by the REIT Board of Trustees (the "Board") 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 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 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 the Optionee.

Amendment of Option. The Option may be amended by the REIT Board of Trustees (the "Board") or the Committee at any time (ia) if the Board or the Committee of Directors determines, in its sole discretion, that amendment is necessary or advisable 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 (iib) other than in the circumstances described in clause (ia), with the consent of the OptioneeGrantee.

Amendment of Option. 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 in the light of any addition to or change in the Internal Revenue Code or in the regulations issued thereunder, or any Federal 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 the OptioneeGrantee.

Amendment of Option. 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 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 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 the OptioneeGrantee.

Amendment of Option. The Option may be amended by the REIT Board of Trustees (the "Board") or the Committee Administrators at any time (i) if the Board or the Committee determinesAdministrators determine, in its their sole and absolute discretion, that amendment is necessary or advisable 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 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 the Optionee.

Amendment of Option. The Option may be amended by the REIT Board of Trustees (the "Board") 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 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 the Optionee.

Amendment of Option. The Option Options granted under the Plan may be amended by the REIT Board of Trustees (the "Board") or the Committee at any time (i) if the Board or the Committee it determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Code or regulations issued thereunder, or any Federal federal or state securities law or other law or regulation, which addition or change occurs after the Date grant of Grant the Option and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of the Optionee. Any such amendment shall be in writing and signed by the Company and the Optionee.

Amendment of Option. 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 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 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 the OptioneeGrantee.