Common use of Amendment of Plan Clause in Contracts

Amendment of Plan. The Board may amend the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.2 shall reduce the amount of any outstanding Award or change the terms and conditions thereof without the Participant's consent. No amendment of the Plan shall, without the approval of the stockholders of the Company: (a) increase the total number of shares which may be issued under the Plan; (b) increase the maximum number of shares with respect to all Awards measured in Common Stock that may be granted to any individual under the Plan; (c) increase the maximum dollar amount that may be paid with respect to all Awards measured in cash; or (d) modify the requirements as to eligibility for Awards under the Plan. In addition, the Plan shall not be amended without the approval of such amendment by the Company's stockholders if such amendment (i) is required under the rules and regulations of the stock exchange or national market system on which the Common Stock is listed or (ii) will disqualify any ISO granted hereunder.

Amendment of Plan. The Board may amend the Plan at any time with or without prior notice; providedPROVIDED, howeverHOWEVER, that no action authorized by this Section 16.2 shall reduce the amount of any outstanding Award or change the terms and conditions thereof without the Participant's consent. No amendment of the Plan shall, without the approval of the stockholders of the Company: (a) increase the total number of shares which may be issued under the Plan; (b) increase the maximum number of shares with respect to all Awards measured in Common Stock that may be granted to any individual under the Plan; (c) increase the maximum dollar amount that may be paid with respect to all Awards any single Award measured in cash; or (d) modify the requirements as to eligibility for Awards under the Plan. In addition, the Plan shall not be amended without the approval of such amendment by the Company's stockholders if such amendment (i) is required under the rules and regulations of the stock exchange or national market system on which the Common Stock is listed listed, or (ii) will disqualify any ISO granted hereunder.