Common use of Discretionary Nature of Plan Clause in Contracts

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 76 contracts

Samples: Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Inmune Bio, Inc.), Incentive Stock Option Agreement (Nuvation Bio Inc.)

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Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Restricted Stock in this Agreement does not create any contractual right or other right to receive any Options Restricted Stock or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 35 contracts

Samples: Restricted Stock Award Agreement (Freedom Holding Corp.), Restricted Stock Award Agreement1 (Luxurban Hotels Inc.), Restricted Stock Award Agreement (Luxurban Hotels Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s 's employment with the Company.

Appears in 19 contracts

Samples: Stock Option Exercise Agreement (Catheter Precision, Inc.), Stock Option Exercise Agreement (Catheter Precision, Inc.), Stock Option Exercise Agreement (Catheter Precision, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantOptionee’s employment with the Company.

Appears in 9 contracts

Samples: Stock Option Agreement (Stewart Information Services Corp), Stock Option Agreement (Stewart Information Services Corp), Stock Option Agreement (Stewart Information Services Corp)

Discretionary Nature of Plan. The provisions of the Plan is incorporated herein are discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 7 contracts

Samples: Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Target Award in this Agreement does not create any contractual right or other right to receive any Options Target Award or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 6 contracts

Samples: 2017 Annual Incentive Plan Award Agreement (United Community Financial Corp), 2016 Annual Incentive Plan Award Agreement (United Community Financial Corp), 2014 Annual Incentive Award Grant Agreement (United Community Financial Corp)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Award in this Agreement does not create any contractual right or other right to receive any Options or other Awards award in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantEmployee’s employment with the Company.

Appears in 5 contracts

Samples: Performance Award Agreement (Carriage Services Inc), Performance Award Agreement (Carriage Services Inc), Performance Award Agreement (Carriage Services Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Restricted Stock in this Agreement Award does not create any contractual right or other right to receive any Options Restricted Stock or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 5 contracts

Samples: Solicitation and Confidentiality Agreement (TCF Financial Corp), Solicitation and Confidentiality Agreement (TCF Financial Corp), Solicitation / Confidentiality Agreement (TCF Financial Corp)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement Award does not create any contractual right or other right to receive any Options shares of Common Stock of the Company or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 5 contracts

Samples: Performance Share Award Agreement (TruBridge, Inc.), Performance Share Award Agreement (Computer Programs & Systems Inc), Performance Share Award Agreement (Computer Programs & Systems Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with Director's membership on the CompanyBoard.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (LIGHTBRIDGE Corp), Qualified Stock Option Agreement (Cellceutix CORP), Non Qualified Stock Option Agreement (Intellinetics, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Option Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Surgalign Holdings, Inc.), Nonqualified Stock Option Agreement (Rti Surgical, Inc.), Incentive Stock Option Agreement (Rti Surgical, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards Grants in the future. Future AwardsGrants, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s 's employment with the Company.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Fintech Acquisition Corp. II), Incentive Stock Option Agreement (CardConnect Corp.), Incentive Stock Option Agreement (CardConnect Corp.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 3 contracts

Samples: Share Option Agreement (1847 Holdings LLC), Restricted Stock Award Agreement (Advanced Emissions Solutions, Inc.), Restricted Stock Award Agreement (Advanced Emissions Solutions, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option Award in this Agreement does not create any contractual right or other right to receive any Options Award or other Awards awards in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment Employment with the Company.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Carters Inc), Restricted Stock Award Agreement (Carters Inc), Restricted Stock Agreement (Carters Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment Service with the Company.

Appears in 3 contracts

Samples: Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Options in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment or service with the Company.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (EVO Payments, Inc.), Incentive Stock Option Agreement (EVO Payments, Inc.), Nonqualified Stock Option Agreement (EVO Payments, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Award in this Agreement does not create any contractual right or other right to receive any Options or other Awards awards under the Plan in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s Grantee`s employment with the Company.

Appears in 3 contracts

Samples: Performance Share Units Award Agreement (Movado Group Inc), Stock Award Agreement (Movado Group Inc), Stock Award Agreement (Movado Group Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amendedamended or otherwise modified, cancelled suspended or terminated at any time from time to time by the Company at any time, Board or the Committee in accordance with its discretionterms. The grant of the Option in an Award under this Agreement does not create any contractual right or other right to receive any Options Common Stock or other Awards in the future. Future Awards, if any, will be at the sole discretion of the CompanyCommittee. Any amendment, modification, suspension or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 3 contracts

Samples: Non Qualified Stock Option Award Agreement (Regional Health Properties, Inc), Incentive Stock Option Award Agreement (Regional Health Properties, Inc), Incentive Stock Option Award Agreement (Regional Health Properties, Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Units in this Agreement does not create any contractual right or other right to receive any Options Units or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 3 contracts

Samples: Performance Share Unit Agreement (Green Plains Inc.), Performance Share Unit Agreement (Green Plains Inc.), Performance Share Unit Agreement (Green Plains Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will shall be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Terra Tech Corp.), Non Qualified Stock Option Agreement (Terra Tech Corp.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in Restricted Stock under this Award Agreement does not create any contractual right or other right to receive any Options Restricted Stock or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment service with the CompanyCompany or its Affiliates.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Ashford Inc.), Restricted Stock Award Agreement (Ashford Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Shares in this Agreement does not create any contractual right or other right to receive any Options Shares or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantExecutive’s employment with the Company.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Rosetta Stone Inc), Restricted Stock Award Agreement (Rosetta Stone Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company Company, at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (GEE Group Inc.), Nonqualified Stock Option Agreement (Grove, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment or service with the Company.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (EVO Payments, Inc.), Incentive Stock Option Agreement (EVO Payments, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Award in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 2 contracts

Samples: Share Unit Award Agreement (Medicine Man Technologies, Inc.), Share Unit Award Agreement (Medicine Man Technologies, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards awards in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantOptionee’s employment with the Company.

Appears in 2 contracts

Samples: Stock Option Agreement (Kintara Therapeutics, Inc.), Stock Option Agreement (CohBar, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment or other service relationship with the Company.

Appears in 2 contracts

Samples: Egalet Corporation Option Agreement (Egalet Corp), Option Agreement (Egalet Corp)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Shares in this Agreement does not create any contractual right or other right to receive any Options Option Shares or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantOptionee’s employment with the Company.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Rosetta Stone Inc), Nonqualified Stock Option Award Agreement (Rosetta Stone Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall will not constitute a change or impairment of the terms and conditions of the Participant’s employment or other service with the Company.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (BG Staffing, Inc.), Nonqualified Stock Option Agreement (BG Staffing, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment or service relationship with the Company.

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Planet 13 Holdings Inc.), Incentive Plan Incentive Stock Option Agreement (Planet 13 Holdings Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantDirector’s employment with membership on the CompanyBoard.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Onfolio Holdings, Inc), Exercise Agreement (Lightwave Logic, Inc.)

Discretionary Nature of Plan. The provisions of the Plan is incorporated herein are discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment Service with the Company.

Appears in 1 contract

Samples: Stock Option Award Agreement (Arena Group Holdings, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled modified or terminated by the Company at any time, in its discretion. The grant of the Option Restricted Share Award in this Award Agreement does not create any contractual right or other right to receive any Options Restricted Share Award or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, modification or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the CompanyCompany or one of its Subsidiaries or Affiliates.

Appears in 1 contract

Samples: Restricted Share Award Agreement (Iec Electronics Corp)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantOptionee’s employment engagement with the Company.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Vegalab, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall will not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.. Incentive Stock Option Agreement for [NAME] Grant Date: [DATE]

Appears in 1 contract

Samples: Incentive Stock Option Agreement (BG Staffing, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, time and for any reason in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards awards in the future. Future Awardsawards, if any, will be at in the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Pharmacyclics Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the CompanyCompany or membership on the Board.

Appears in 1 contract

Samples: 2020 Equity Incentive Plan (Foxo Technologies Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion, in accordance with the terms of the Plan. The grant of the Option Shares in this Agreement does not create any contractual right or other right to receive any Options restricted stock or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 1 contract

Samples: Restricted Stock Agreement (WisdomTree Investments, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s Optionee's employment with the Company.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Santeon Group, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amendedamended or otherwise modified, cancelled suspended or terminated at any time from time to time by the Company at any time, Board or the Committee in accordance with its discretionterms. The grant of the Option in an Award under this Agreement does not create any contractual right or other right to receive any Options Restricted Common Stock or other Awards in the future. Future Awards, if any, will be at the sole discretion of the CompanyCommittee. Any amendment, modification, suspension or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 1 contract

Samples: Restricted Common Stock Award Agreement (Regional Health Properties, Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards Grants in the future. Future AwardsGrants, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (International Money Express, Inc.)

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Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantRecipient’s employment with [membership on the CompanyBoard/employment].

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Dynaresource Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Award Agreement does not create any contractual right or other right to receive any Options or other Awards awards in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment service with the CompanyCompany and its Affiliates.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Ashford Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Award in this Agreement does not create any contractual right or other right to receive any Options or other Awards award in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantDirector’s employment with membership on the CompanyBoard.

Appears in 1 contract

Samples: Stock Award Agreement (Carriage Services Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Common Shares in this Agreement does not create any contractual right or other right to receive any Options Common Shares or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment Grantee's Employment or service with the Company.

Appears in 1 contract

Samples: Common Shares Award Agreement for Directors (CRAWFORD UNITED Corp)

Discretionary Nature of Plan. The Plan is discretionary and may may, subject to the terms of the Plan, be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options options or other Awards awards in the future. Future Awardsawards or grants, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantOptionee’s employment with the CompanyCompany or any Affliate thereof.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Commerce Union Bancshares, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantConsultant’s employment with the Companyconsulting agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Onfolio Holdings, Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantOptionee’s employment with the Company.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Smartfinancial Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Shares in this Agreement does not create any contractual right or other right to receive any Options Shares or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantExecutive’s employment with the Company.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Rosetta Stone Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion, as provided in the Plan. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s 's employment or other service relationship with the Company.

Appears in 1 contract

Samples: Option Agreement (Egalet Corp)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards awards in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (International Money Express, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will shall be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the CompanySection 15.

Appears in 1 contract

Samples: Award Agreement (Heartland Financial Usa Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment Continuous Service with the Company.

Appears in 1 contract

Samples: Form of Non Qualified Stock Option Agreement (AgeX Therapeutics, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled modified or terminated by the Company at any time, in its discretion. The grant of the Option Restricted Share Award in this Award Agreement does not create any contractual right or other right to receive any Options Restricted Share Award or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, modification or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantDirector’s employment with service to the Company.

Appears in 1 contract

Samples: Restricted Share Award Agreement (Iec Electronics Corp)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantHolder’s employment with the Company.

Appears in 1 contract

Samples: Form of Stock Option Award Agreement (Innovation Pharmaceuticals Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Restricted Stock in this Award Agreement does not create any contractual right or other right to receive any Options Restricted Stock or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the CompanyCompany Group.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (FNCB Bancorp, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Award in this Agreement does not create any contractual right or other right to receive any Options or other Awards award in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (Carriage Services Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards awards under the Plan in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s Optionee`s employment with the Company.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Movado Group Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Option Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s Optionee's employment or other service with the Company.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (OVERSTOCK.COM, Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Service Share Units in this Grant Agreement does not create any contractual right or other right to receive any Options Service Share Units or other Awards awards in the future. Future Awardsawards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 1 contract

Samples: Service Share Unit Agreement (J&j Snack Foods Corp)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will shall be at the sole discretion of the CompanyCommittee. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s 's employment or other service relationship with the Company.

Appears in 1 contract

Samples: Option Agreement (Egalet Corp)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Cash Units in this Agreement does not create any contractual right or other right to receive any Options Cash Units or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 1 contract

Samples: Company Time Vested Cash Unit Agreement (WESTMORELAND COAL Co)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Options in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s 's employment or service with the Company.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (EVO Payments, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company Board at any time, in its discretion. The grant of the Option in pursuant to this Agreement does not create any contractual right or other right to receive any Options or other Awards Grants in the future. Future AwardsGrants, if any, will be at the sole discretion of the CompanyBoard. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment or other service with the Company.

Appears in 1 contract

Samples: Nonstatutory Stock Option Award Agreement (Workhorse Group Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option Award in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will shall be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantGrantee’s employment with the Company.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (United Security Bancshares Inc)

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option Restricted Shares in this Agreement does not create any contractual right or other right to receive any Options Restricted Shares or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall will not constitute a change or impairment of the terms and conditions of the Participant’s employment or other service with the Company.

Appears in 1 contract

Samples: Restricted Stock Agreement (BG Staffing, Inc.)

Discretionary Nature of Plan. The Plan is discretionary and may may, subject to the terms of the Plan, be amended, cancelled cancelled, or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options options or other Awards awards in the future. Future Awardsawards or grants, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the ParticipantOptionee’s employment with the CompanyCompany or any Affiliate thereof.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Commerce Union Bancshares, Inc.)

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