Common use of Binding Agreement; Written Amendments Clause in Contracts

Binding Agreement; Written Amendments. This Agreement shall be binding upon the heirs, executors, administrators and successors of the parties. This Agreement and the Plan constitute the entire agreement between the parties with respect to the Options, and supersede any prior agreements or documents with respect thereto. No amendment, alteration, suspension, discontinuation, or termination of this Agreement which may impose any additional obligation upon the Company or materially impair the rights of Employee with respect to the Options shall be valid unless in each instance such amendment, alteration, suspension, discontinuation, or termination is expressed in a written instrument duly executed in the name and on behalf of the Company and by Employee.

Appears in 6 contracts

Samples: 2007 Incentive Compensation Plan Stock Option Agreement (Gleacher & Company, Inc.), 2007 Incentive Compensation Plan Stock Option Agreement (Gleacher & Company, Inc.), Incentive Compensation Plan Stock Option Agreement (Broadpoint Securities Group, Inc.)

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Binding Agreement; Written Amendments. This Agreement shall be binding upon the heirs, executors, administrators and successors of the parties. This Agreement and the Plan constitute the entire agreement between the parties with respect to the Options, and supersede any prior agreements or documents with respect thereto. No amendment, alteration, suspension, discontinuation, or termination of this Agreement which that may impose any additional obligation upon the Company or materially impair the rights of Employee with respect to the Options shall be valid unless in each instance such amendment, alteration, suspension, discontinuation, or termination is expressed in a written instrument duly executed in the name and on behalf of the Company and by Employee.

Appears in 6 contracts

Samples: 2007 Incentive Compensation Plan Stock Option Agreement (Gleacher & Company, Inc.), 2007 Incentive Compensation Plan Stock Option Agreement (Gleacher & Company, Inc.), Stock Option Agreement (Gleacher & Company, Inc.)

Binding Agreement; Written Amendments. This Agreement shall be binding upon the heirs, executors, administrators and successors of the parties. This Agreement and the Plan constitute the entire agreement between the parties with respect to the OptionsRestricted Shares, and supersede any prior agreements or documents with respect thereto. No amendment, alteration, suspension, discontinuation, or termination of this Agreement which may impose any additional obligation upon the Company or materially impair the rights of Employee with respect to the Options Restricted Shares shall be valid unless in each instance such amendment, alteration, suspension, discontinuation, or termination is expressed in a written instrument duly executed in the name and on behalf of the Company and by Employee.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Gleacher & Company, Inc.), Restricted Stock Agreement (Gleacher & Company, Inc.), Restricted Stock Agreement (Gleacher & Company, Inc.)

Binding Agreement; Written Amendments. This Agreement shall be binding upon the heirs, executors, administrators and successors of the parties. This Agreement and the Plan constitute the entire agreement between the parties with respect to the OptionsUnits, and supersede any prior agreements or documents with respect thereto. No amendment, alteration, suspension, discontinuation, or termination of this Agreement which that may impose any additional obligation upon the Company or materially impair the rights of Employee with respect to the Options Units shall be valid unless in each instance such amendment, alteration, suspension, discontinuation, or termination is expressed in a written instrument duly executed in the name and on behalf of the Company and by Employee.

Appears in 2 contracts

Samples: Inducement Restricted Stock Units Agreement (Gleacher & Company, Inc.), Inducement Restricted Stock Units Agreement (Gleacher & Company, Inc.)

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Binding Agreement; Written Amendments. This Agreement shall will be binding upon the heirs, executors, administrators and successors of the parties. This Agreement and the Plan constitute the entire agreement between the parties with respect to the Options, and supersede any prior agreements or documents with respect thereto. No amendment, alteration, suspension, discontinuation, or termination of this Agreement which may impose any additional obligation upon the Company or materially impair the rights of Non-Employee Director with respect to the Options shall will be valid unless in each instance such amendment, alteration, suspension, discontinuation, or termination is expressed in a written instrument duly executed in the name and on behalf of the Company and by EmployeeNon-Employee Director.

Appears in 1 contract

Samples: Non Employee Directors Stock Plan Stock Option Agreement (Broadpoint Gleacher Securities Group, Inc.)

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