Common use of Interpretation and Amendments Clause in Contracts

Interpretation and Amendments. The Option shall be administered and exercised in accordance with the Plan, as the same may be amended by the Committee from time to time, provided that no amendment may, without the consent of the Participant, affect the rights of the Participant under this Option in a materially adverse manner. For purposes of the foregoing sentence, an amendment that affects the tax treatment of the Option or that is necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock shall not be considered as affecting the Participant’s rights in a materially adverse manner. All capitalized terms not otherwise defined herein shall have the meaning assigned to such terms in the Plan. In the event of a conflict between the Plan and this Agreement, unless this Agreement specifies otherwise, the Plan shall control.

Interpretation and Amendments. The Option shall be administered and exercised in accordance with the PlanPlan and the Administrative Procedures, as the same may be amended by the Committee from time to time, provided that no amendment may, without the consent of the ParticipantOptionee, affect the rights of the Participant Optionee under this Option in a materially adverse manner. For purposes of the foregoing sentence, an amendment that affects the tax treatment of the Option or that is necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock shall not be considered as affecting the ParticipantOptionee’s rights in a materially adverse manner. All capitalized terms not otherwise defined herein shall have the meaning assigned to such terms in the PlanPlan or the Administrative Procedures. In the event of a conflict between the Plan and this Agreementthe Administrative Procedures, unless this Agreement specifies otherwise, the Plan shall control.

Interpretation and Amendments. The Option shall be administered and exercised in accordance with the terms of the Plan, as the same may be amended by the Committee from time to time, provided that no amendment may, without the consent of the Participant, affect the rights of the Participant under this Option in a materially adverse manner. For purposes of the foregoing sentence, an amendment that affects the tax treatment of the Option or that is necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock shall not be considered as affecting the Participant’s rights in a materially adverse manner. All capitalized terms not otherwise defined herein shall have the meaning assigned to such terms in the Plan. In the event of a conflict between the Plan and this Agreement, unless this Agreement specifies otherwise, the Plan shall control.

Interpretation and Amendments. The Option shall be administered and exercised in accordance with the PlanPlan and the Administrative Regulations, as the same may be amended by the Committee from time to time, provided that no amendment may, without the consent of the ParticipantOptionee, affect the rights of the Participant Optionee under this Option in a materially adverse manner. For purposes of the foregoing sentence, an amendment that affects the tax treatment of the Option or that is necessary to comply with securities or other laws applicable to the issuance of shares of Common Stock shall not be considered as affecting the ParticipantOptionee’s rights in a materially adverse manner. All capitalized terms not otherwise defined herein shall have the meaning assigned to such terms in the PlanPlan or the Administrative Regulations. In the event of a conflict between the Plan and this Agreementthe Administrative Regulations, unless this Agreement specifies otherwise, the Plan shall control.