COMPANY’S RIGHT TO AMEND Sample Clauses

COMPANY’S RIGHT TO AMEND. The Company may amend this Commitment at any time. If the Company amends this Commitment to add a defect, lien, encumbrance, adverse claim, or other matter recorded in the Public Records prior to the Commitment Date, any liability of the Company is limited by Commitment Condition 5. The Company shall not be liable for any other amendment to this Commitment.
AutoNDA by SimpleDocs
COMPANY’S RIGHT TO AMEND. The Executive hereby consents to the Company making any unilateral amendments documented in writing to this Agreement that are necessary to bring this Agreement in compliance with any exemption from Code Section 409A’s application under the final regulations issued thereunder or that are necessary to bring any arrangement under this Agreement that constitutes a nonqualified deferred compensation plan or arrangement into compliance with the requirements of any such final regulations issued.
COMPANY’S RIGHT TO AMEND. Executive acknowledges and agrees that the ------------------------ Company shall have the right to unilaterally amend any term and condition of this Agreement to the extent such term and condition adversely affects the ability of the Company to utilize the pooling of interest method of accounting (the "Pooling Method") in any possible future transaction by the Company. The Company agrees that it will amend such terms and conditions only to the extent necessary to comply with the requirements for the use of the Pooling Method.
COMPANY’S RIGHT TO AMEND. Executive acknowledges and agrees that the ------------------------ Company shall have the right to unilaterally amend any term and condition of this Agreement to the extent such term and condition adversely affects the ability of the Company to utilize the pooling of interest method of accounting (the "Pooling Method") in any possible future transaction by the Company. The Company agrees that it will amend such terms and conditions only to the extent necessary to comply with the requirements for the use of the Pooling Method. The right of the Company to unilaterally amend terms and conditions of this Agreement pursuant to this Section 8 shall terminate in the event that at any time Executive ceases for any reason to serve as the Chief Executive Officer of the Company.

Related to COMPANY’S RIGHT TO AMEND

  • Company’s Rights The existence of this Agreement will not affect in any way the right or power of the Company or its Shareholders to accomplish any corporate act, including, without limitation, the acts referred to in Section 11.16 of the Plan.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!