Entire Agreement; Amendment and Termination. This Agreement contains the entire understanding of the parties. No amendment or termination of this Agreement that would be adverse to the rights of the Participant shall be made by the Board, the Committee or any plan administrator at any time without the written consent of the Participant. No amendment or termination of the Plan will adversely affect the right, title and interest of the Participant under this Agreement or to the Award granted hereunder without the written consent of the Participant.
Appears in 7 contracts
Samples: Time Based Restricted Stock Agreement (Carter Bankshares, Inc.), Time Based Restricted Stock Agreement (Carter Bankshares, Inc.), Time Based Restricted Stock Agreement (Carter Bankshares, Inc.)
Entire Agreement; Amendment and Termination. This Agreement contains the entire understanding of the parties. No amendment or termination of this Agreement that would be adverse to the rights of the Participant shall be made by the Board, the Committee or any the plan administrator at any time without the written consent of the Participant. No amendment or termination of the Plan will adversely affect the right, title and interest of the Participant under this Agreement or to the Award granted hereunder without the written consent of the Participant.
Appears in 3 contracts
Samples: Time Based Restricted Stock Agreement (Old Point Financial Corp), Time Based Restricted Stock Agreement (Old Point Financial Corp), Time Based Restricted Stock Agreement (Old Point Financial Corp)
Entire Agreement; Amendment and Termination. This Agreement contains the entire understanding of the parties. No This Agreement may be amended or terminated with the written agreement of both parties; provided, however, that the Board or the Committee may unilaterally amend or terminate this Agreement if such amendment or termination of this Agreement that would be is not adverse to the rights of the Participant shall be made by the BoardParticipants (including, the Committee or any plan administrator at any time without the written consent but not limited to, a unilateral amendment to accelerate vesting and payment of the ParticipantAward). No amendment or termination of the Plan will adversely affect the right, title and interest of the Participant under this Agreement or to the Award granted hereunder without the written consent of the Participant.
Appears in 2 contracts
Samples: Performance Unit Agreement (Carter Bankshares, Inc.), Performance Unit Agreement (Carter Bankshares, Inc.)
Entire Agreement; Amendment and Termination. This Agreement contains the entire understanding of the parties. No amendment or termination of this Agreement that would be 120110371v3 adverse to the rights of the Participant shall be made by the Board, the Committee or any plan administrator at any time without the written consent of the Participant. No amendment or termination of the Plan will adversely affect the right, title and interest of the Participant under this Agreement or to the Award granted hereunder without the written consent of the Participant.
Appears in 1 contract
Samples: Time Based Restricted Stock Agreement (Partners Bancorp)
Entire Agreement; Amendment and Termination. This Agreement contains the entire understanding of the parties. No amendment or termination of this Agreement that would be adverse to the rights of the Participant shall be made by the Board, the Committee or any plan administrator the Plan Administrator at any time without the written consent of the Participant. No amendment or termination of the Plan will adversely affect the right, title and interest of the Participant under this Agreement or to the Award granted hereunder without the written consent of the Participant.
Appears in 1 contract
Samples: Time Based Restricted Stock Agreement (Old Point Financial Corp)
