Amendments, Suspension and Termination. Subject to Section 7(a) of the Plan, the Committee may waive any conditions or rights under, amend any terms of, or alter this Agreement at any time, provided that no such change, other than pursuant to Section 7(c) of the Plan, shall materially reduce the rights or benefits of the Participant without the Participant’s consent.
Appears in 8 contracts
Samples: Ltip Grant Award Agreement (Summit Midstream Partners, LP), 2020 Ltip Grant Award Agreement (Summit Midstream Partners, LP), Ltip Grant Award Agreement (Summit Midstream Partners, LP)
Amendments, Suspension and Termination. Subject to Section 7(a8(b) of the Plan, the Committee may waive any conditions or rights under, amend any terms of, or alter this Agreement at any time, provided that no such change, other than pursuant to Section 7(c8(c) of the Plan, shall materially reduce the rights or benefits of the Participant without the Participant’s consent.
Appears in 3 contracts
Samples: Director Unit Agreement (Summit Midstream Partners, LP), 2023 Ltip Grant Award Agreement (Summit Midstream Partners, LP), Director Unit Agreement (Summit Midstream Partners, LP)
Amendments, Suspension and Termination. Subject to Section 7(a8(b) of the Plan, the Committee may waive any conditions or rights under, amend any terms of, or alter this Agreement at any time, provided that no such change, other than pursuant to Section 7(c8(c) of the Plan, shall materially reduce the rights or benefits of the Participant without the Participant’s consent. 16.
Appears in 1 contract
Samples: 2022 Long Term Incentive Plan Grant Award Agreement (Summit Midstream Partners, LP)
Amendments, Suspension and Termination. Subject to Section 7(a) of the Plan, the Committee may waive any conditions or rights under, amend any terms of, or alter this Agreement at any time, provided that no such change, other than pursuant to Section 7(c) of the Plan, shall materially reduce the rights or benefits of the Participant without the Participant’s consent. 15.
Appears in 1 contract
Samples: Phantom Unit Agreement
