Common use of Effect of the Plan Clause in Contracts

Effect of the Plan. The Grantee will abide by, and the Restricted Stock Award granted to the Grantee will be subject to, all of the provisions of the 1996 Plan and of this Agreement, together with all rules and determinations from time to time issued by the Company’s Compensation Committee (the “Committee”) and by the Board of Directors of the Company (the “Board”) pursuant to the 1996 Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the 1996 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 Agreement shall be subject, without further action by the Company or the Grantee, to such amendment, modification, restatement or supplement.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Bogen Communications International Inc), Restricted Stock Award Agreement (Bogen Communications International Inc), Restricted Stock Award Agreement (Bogen Communications International Inc)

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Effect of the Plan. The Grantee will abide by, and the Restricted Stock Award Awarded Shares granted to the Grantee will be subject to, all of the provisions of the 1996 Plan and of this Agreement, together with all rules and determinations from time to time issued by the Company’s 's Compensation Committee (the "Committee") and by the Board of Directors of the Company (the "Board") pursuant to the 1996 Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the 1996 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 Agreement shall be subject, without further action by the Company or the Grantee, to such amendment, modification, restatement or supplement.

Appears in 4 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Akamai Technologies Inc), Restricted Stock Agreement (Akamai Technologies Inc)

Effect of the Plan. The Grantee will abide by, and the Restricted Stock Award granted to the Grantee will be subject to, all of the provisions of the 1996 1999 Plan and of this Agreement, together with all rules and determinations from time to time issued by the Company’s 's Executive Compensation Committee (the "Committee") and by the Board of Directors of the Company (the "Board") pursuant to the 1996 1999 Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the 1996 1999 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 Agreement shall be subject, without further action by the Company or the Grantee, to such amendment, modification, restatement or supplement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Mills Corp)

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Effect of the Plan. The Grantee will abide by, and the Restricted Stock Award granted to the Grantee will be subject to, all of the provisions of the 1996 1994 Plan and of this Agreement, together with all rules and determinations from time to time issued by the Company’s 's Executive Compensation Committee (the "Committee") and by the Board of Directors of the Company (the "Board") pursuant to the 1996 1994 Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the 1996 1994 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 Agreement shall be subject, without further action by the Company or the Grantee, to such amendment, modification, restatement or supplement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Mills Corp)

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