Common use of Contemplated Amendments Clause in Contracts

Contemplated Amendments. It is expressly contemplated that the Board may amend the Plan in any respect the Board deems necessary or advisable to provide eligible Employees, Consultants and Directors with the maximum benefits provided or to be provided under the provisions of the Code and the regulations promulgated thereunder relating to Incentive Stock Options or to the nonqualified deferred compensation provisions of Section 409A of the Code and/or to bring the Plan and/or Awards granted under it into compliance therewith.

Appears in 3 contracts

Samples: Merger Agreement (Monterey Capital Acquisition Corp), Merger Agreement (Fortune Rise Acquisition Corp), Note Purchase Agreement (BioCorRx Inc.)

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Contemplated Amendments. It is expressly contemplated that the Board may amend the Plan in any respect the Board deems necessary or advisable to provide eligible Employees, Consultants and Directors Employees with the maximum benefits provided or to be provided under the provisions of the Code and the regulations promulgated thereunder relating to Incentive Stock Options or to the nonqualified deferred compensation provisions of Section 409A of the Code and/or to bring the Plan and/or Awards Incentive Stock Options granted under it into compliance therewith.

Appears in 3 contracts

Samples: Stock Option Agreement (Source Atlantic, Inc.), Merger Agreement (NextWave Wireless LLC), Agreement and Plan of Merger and Reorganization (Lightspan Inc)

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Contemplated Amendments. It is expressly contemplated that the Board may amend the Plan in any respect the Board deems necessary or advisable to provide eligible Employees, Consultants and Independent Directors with the maximum benefits provided or to be provided under the provisions of the Code and the regulations promulgated thereunder relating to Incentive Stock Options or to the nonqualified deferred compensation provisions of Section 409A of the Code and/or to bring the Plan and/or Awards granted under it into compliance therewith.

Appears in 1 contract

Samples: Business Combination Agreement (Collier Creek Holdings)

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