Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to options granted under the Plan prior to the date of such termination.
Appears in 3 contracts
Samples: Annual Report, Annual Report, Stock Option Agreement (Novellus Systems Inc)
Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to options granted under the Plan prior to the date of such termination.
Appears in 3 contracts
Samples: Annual Report, Stock Option Agreement (Metatools Inc), Nonqualified Stock Option Agreement (First Horizon Pharmaceutical Corp)
Effect of Amendment or Termination. No amendment, alteration, ---------------------------------- suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to options granted under the Plan prior to the date of such termination.
Appears in 3 contracts
Samples: Stock Option Agreement (Clinicor Inc), Stock Option Agreement (Clinicor Inc), Stock Option Agreement (Clinicor Inc)
Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan shall not affect the Administrator's ’s ability to exercise the powers granted to it hereunder with respect to options Options, Restricted Stock Units and Stock Purchase Rights granted under the Plan prior to the date of such termination.
Appears in 2 contracts
Samples: Kyphon Inc. 2002 Stock Plan (Medtronic Inc), Merger Agreement (Medtronic Inc)
Effect of Amendment or Termination. No amendment, alteration, ---------------------------------- suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to options granted under the Plan prior to the date of such termination.
Appears in 1 contract
Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan this Agreement shall impair the rights of any the Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan this Agreement shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to options the Option granted under the Plan this Agreement prior to the date of such termination.
Appears in 1 contract
Samples: Option Grant (Shopnow Com Inc)
Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to options Substitute Options granted under the Plan prior to the date of such termination.
Appears in 1 contract
Samples: Substitute Equity Incentive Plan (St Assembly Test Services LTD)
Effect of Amendment or Termination. No amendment, alteration, suspension alteration or termination of the Plan this Option Agreement shall impair the rights of any the Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to options granted under the Plan prior to the date of such termination.
Appears in 1 contract
Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Optionee, unless mutually agreed otherwise between the Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company. Termination of the Plan shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to options Options granted under the Plan prior to the date of such termination.
Appears in 1 contract
Samples: Stock Option Agreement (Cadence Design Systems Inc)
