Common use of Amendment of the Plan Clause in Contracts

Amendment of the Plan. The Board may from time to time, with respect to any Shares at the time not subject to Options, suspend or discontinue the Plan or revise or amend it in any respect whatsoever except that, without the approval of the Corporation's stockholders if they have previously approved the Plan, no such revision or amendment shall:

Appears in 2 contracts

Samples: Summa Industries, Summa Industries/

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Amendment of the Plan. The Board may from time to time, with respect to any Shares at the time not subject to Optionsmembership shares, suspend or discontinue the Plan or revise or amend it in any respect whatsoever except that, without the approval of the Corporation's stockholders if they have previously approved the Plan, no such revision or amendment shall:whatsoever.

Appears in 2 contracts

Samples: At Will Employment Agreement (Biolargo, Inc.), Form Of] Stock Option Agreement (Biolargo, Inc.)

Amendment of the Plan. The Board may from time to time, with respect --------------------- to any Shares at the time not subject to Options, suspend or discontinue the Plan plan or revise or amend it in any respect whatsoever except that, without the approval of the Corporation's stockholders shareholders if they have previously approved the Plan, no such revision or amendment shall:

Appears in 1 contract

Samples: Summa Industries

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Amendment of the Plan. The Board may at any time, or from time to time, with respect to any Shares at the time not subject to Options, suspend or discontinue amend the Plan or revise or amend it in any respect whatsoever except thatrespect; provided, however, that the Plan may not be amended in any way that will cause rights issued under the Plan to fail to meet the requirements for employee stock purchase plans as defined in Section 423 of the Code or any successor thereto, including, without the limitation, shareholder approval of the Corporation's stockholders if they have previously approved the Plan, no such revision or amendment shall:required.

Appears in 1 contract

Samples: And Term Loan Agreement

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