Common use of Effect of the Plan Clause in Contracts

Effect of the Plan. The Awarded Shares granted to Participant are subject to all of the provisions of the Plan and this Agreement, together with all rules and determinations from time to time issued by the Committee and by the Board pursuant to the Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the Plan without the consent of Participant, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to Participant hereunder, and this Award shall be subject, without further action by the Company or Participant, to such amendment, modification, restatement or supplement unless provided otherwise therein.

Appears in 9 contracts

Samples: Plan Restricted Stock Agreement (Sanchez Energy Corp), Restrictive Covenant Agreement (Sanchez Energy Corp), Restrictive Covenant Agreement (Sanchez Energy Corp)

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Effect of the Plan. The Awarded Shares granted Restricted Stock Units awarded to Participant are subject to all of the provisions of the Plan and of this Agreement, together with all rules and determinations from time to time issued by the Committee and by the Board pursuant to the Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the Plan without the consent of Participant, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to Participant hereunder, and this Award shall be subject, without further action by the Company or Participant, to such amendment, modification, restatement or supplement unless provided otherwise therein.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Quanta Services Inc), Restricted Stock Unit Agreement (Quanta Services Inc), Restricted Stock Unit Agreement (Quanta Services Inc)

Effect of the Plan. The Awarded Shares granted to Participant are subject to all of the provisions of the Plan and of this Agreement, together with all rules and determinations from time to time issued by the Committee and by the Board pursuant to the Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the Plan without the consent of Participant, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to Participant hereunder, and this Award shall be subject, without further action by the Company or Participant, to such amendment, modification, restatement or supplement unless provided otherwise therein.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Quanta Services Inc), Restricted Stock Agreement (Quanta Services Inc), Restricted Stock Agreement (Quanta Services Inc)

Effect of the Plan. The Awarded Award Shares granted to the Participant are subject to all of the provisions of the Plan and of this Award Agreement, together with all rules and determinations from time to time issued by the Committee and by the Board pursuant to the Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the Plan without the consent of the Participant, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to the Participant hereunder, and this Award Agreement shall be subject, without further action by the Company or the Participant, to such amendment, modification, restatement or supplement unless provided otherwise therein.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Gas Natural Inc.)

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Effect of the Plan. The Awarded Shares granted Restricted Stock Units awarded to Participant are subject to all of the provisions of the Plan, the Incentive Plan and this Agreement, together with all rules and determinations from time to time issued by the Committee and by the Board pursuant to the Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the Plan and/or the Incentive Plan without the consent of Participant, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to Participant hereunder, and this Award shall be subject, without further action by the Company or Participant, to such amendment, modification, restatement or supplement unless provided otherwise therein.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Quanta Services Inc)

Effect of the Plan. The Awarded Shares granted Performance Units awarded to Participant are subject to all of the provisions of the Plan, the Long-Term Plan and of this Agreement, together with all rules and determinations from time to time issued by the Committee and by the Board pursuant to the Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the Plan without the consent of Participant, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to Participant hereunder, and this Award shall be subject, without further action by the Company or Participant, to such amendment, modification, restatement or supplement unless provided otherwise therein.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Quanta Services Inc)

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