Common use of Effect of Amendment or Termination Clause in Contracts

Effect of Amendment or Termination. No Shares shall be issued or sold under the Plan after the termination thereof, except upon exercise or settlement of an Award granted prior to such termination. The termination of the Plan, or any amendment thereof, shall not have a material adverse effect on any Award previously granted under the Plan without the holder’s consent.

Appears in 3 contracts

Samples: 2014 Stock Incentive Plan (Silvaco Group, Inc.), 2005 Stock Incentive Plan (Alphabet Inc.), 2005 Stock Incentive Plan (Apigee Corp)

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Effect of Amendment or Termination. No Shares shall be issued or sold under the Plan after the termination thereof, except upon exercise or settlement of an Award Option granted prior to such termination. The termination of the Plan, or any amendment thereof, shall not have a material adverse effect on affect any Award Option previously granted under the Plan without the holder’s consentPlan.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Broadcom Corp), Nonstatutory Stock Option Agreement (Broadcom Corp), Nonstatutory Stock Option Agreement (Broadcom Corp)

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