Amendments or Termination. The Board may, at any time and from time to time, amend, alter or discontinue the Option Plan, except that no amendment or alteration shall be made which would impair the rights of the holder of any Option therefore granted, without his or her consent.
Appears in 2 contracts
Samples: Option Agreement (Xacct Technologies 1997 LTD), Incentive Stock Option Agreement (Xacct Technologies 1997 LTD)
Amendments or Termination. The Board may, at any time and from time to time, subject to the written consent of the Trustee, amend, alter or discontinue the Option Plan, except that no amendment or alteration shall be made which would impair the rights of the holder of any Option therefore granted, without his or her consent.
Appears in 2 contracts
Samples: Option Agreement (Commtouch Software LTD), 102 Option Agreement (Xacct Technologies 1997 LTD)