Common use of Amendments, Waivers and Termination Clause in Contracts

Amendments, Waivers and Termination. As of any particular time, any term of this amendment may be amended, the observance of any term of this amendment may be waived (either generally or in a particular instance and either retroactively or prospectively), or this amendment may be terminated, in each case only with the written consent of the company and the executive. Any amendment, waiver, or termination executed in accordance with this section 4 will be binding upon the executive, the company, the company’s successors-in-interest, and any person claiming for or on behalf of the executive or the company.

Appears in 3 contracts

Samples: Employment Agreement (Rackable Systems, Inc.), Employment Agreement (Rackable Systems, Inc.), Employment Agreement (Rackable Systems, Inc.)

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Amendments, Waivers and Termination. As of any particular time, any term of this amendment may be amended, the observance of any term of this amendment may be waived (either generally or in a particular instance and either retroactively or prospectively), or this amendment may be terminated, in each case only with the written consent of the company and the executive. Any amendment, waiver, or termination executed in accordance with this section 4 8 will be binding upon the executive, the company, the company’s successors-in-interest, and any person claiming for or on behalf of the executive or the company.

Appears in 3 contracts

Samples: The Option Agreements (Rackable Systems, Inc.), The Option Agreements (Rackable Systems, Inc.), The Option Agreements (Rackable Systems, Inc.)

Amendments, Waivers and Termination. As of any particular time, any term of this amendment Amendment may be amended, the observance of any term of this amendment Amendment may be waived (either generally or in a particular instance and either retroactively or prospectively), or this amendment Amendment may be terminated, in each case only with the written consent of the company Company and the executiveExecutive. Any amendment, waiver, or termination executed in accordance with this section Section 4 will be binding upon the executiveExecutive, the companyCompany, the companyCompany’s successors-in-interest, and any person claiming for or on behalf of the executive Executive or the companyCompany.

Appears in 1 contract

Samples: Employment Agreement (Rackable Systems, Inc.)

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Amendments, Waivers and Termination. As of any particular time, any term of this amendment Amendment may be amended, the observance of any term of this amendment Amendment may be waived (either generally or in a particular instance and either retroactively or prospectively), or this amendment Amendment may be terminated, in each case only with the written consent of the company Company and the executiveEmployee. Any amendment, waiver, or termination executed in accordance with this section Section 4 will be binding upon the executiveEmployee, the companyCompany, the companyCompany’s successors-in-interest, and any person claiming for or on behalf of the executive Employee or the companyCompany.

Appears in 1 contract

Samples: Employment Agreement (Rackable Systems, Inc.)

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