Common use of Effect of the Plan Clause in Contracts

Effect of the Plan. The Awarded Shares granted to Grantee 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 Grantee, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to Grantee hereunder, and this Award shall be subject, without further action by the Company or Grantee, to such amendment, modification, restatement or supplement unless provided otherwise therein.

Appears in 12 contracts

Samples: Award Agreement (SWS Group Inc), Restricted Stock Agreement (SWS Group Inc), Restricted Stock Agreement (SWS Group Inc)

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Effect of the Plan. The Awarded Shares granted to Grantee are subject to all of the provisions of the Plan and of this AgreementAward, 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 Grantee, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to Grantee hereunder, and this Award shall be subject, without further action by the Company or Grantee, to such amendment, modification, restatement or supplement unless provided otherwise thereinsupplement.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Us Concrete Inc), Restricted Stock Award Agreement (Us Concrete Inc), Restricted Stock Award Agreement (Us Concrete Inc)

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Effect of the Plan. The Awarded Shares granted to Grantee 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 Grantee, so long as such amendment, modification, restatement or supplement shall not materially reduce the rights and benefits available to Grantee hereunder, and this Award shall be subject, without further action by the Company or Grantee, to such amendment, modification, restatement or supplement unless provided otherwise otherewith therein.. Non-Employee Director

Appears in 1 contract

Samples: Quanta Services Inc

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