We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Board Authorization Clause in Contracts

Board Authorization. The Board may, at any time, terminate or, from time to time, amend, modify or suspend this Plan, in whole or in part. No awards may be granted during any period that the Board suspends this Plan.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Red Cat Holdings, Inc.), Subscription Agreement (Majesco Entertainment Co), Stock Option Plan Agreement (Chineseworldnet Com Inc)

Board Authorization. The Board may, at any time, terminate or, from time to time, amend, modify or suspend this Plan, in whole or in part. No awards Awards may be granted during any period that the Board suspends suspension of this Plan or after termination of this Plan, but the Committee shall retain jurisdiction as to Awards then outstanding in accordance with the terms of this Plan. Any suspension will not affect the expiration of the Plan set forth in Section 6.9.

Appears in 2 contracts

Samples: 2008 Omnibus Plan (Royal Bank of Canada), Omnibus Plan (Royal Bank of Canada)

Board Authorization. The Board may, at any time, terminate or, from time to time, amend, modify or suspend this Plan, in whole or in part. No awards Awards may be granted during any period that suspension of this Plan or after termination of this Plan, but the Board suspends Committee shall retain jurisdiction as to Awards then outstanding in accordance with the terms of this Plan.

Appears in 1 contract

Samples: Operating Agreement (Amerigon Inc)