Common use of Amendment to Schedule Clause in Contracts

Amendment to Schedule. A under Section 4 of the Employment Agreement The Executive hereby agrees effective as of the date of this Agreement as follows: (i) that all of the Options granted to Executive under the Employment Agreement are hereby deemed cancelled, terminated and surrendered in their entirety and that Schedule A to the Employment Agreement is hereby amended to delete the Options; and (ii) the Executive hereby waives any and all rights previously had or may have had regarding the exercise, vesting or acceleration of the Options and the shares of stock issuable under the Options as originally set forth in the Employment Agreement