Common use of Limitations on Amendments to Plan and Awards Clause in Contracts

Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this Plan or change of or affecting any outstanding award shall, without written consent of the participant, affect in any manner materially adverse to the participant any rights or benefits of the participant or obligations of the Corporation under any award granted under this Plan prior to the effective date of such change. Changes, settlements and other actions contemplated by Section 7 shall not be deemed to constitute changes or amendments for purposes of this Section 8.6.

Appears in 4 contracts

Samples: Registration Rights Agreement (Majesco Entertainment Co), Warrant Agreement (Hicks Acquisition CO I Inc.), Agreement (New Century Financial Corp)

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Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this Plan or change of or affecting any outstanding award shall, without written consent of the participant, affect in any manner materially adverse to the participant any rights or benefits of the participant or obligations of the Corporation Group under any award granted under this Plan prior to the effective date of such change. Changes, settlements and other actions contemplated by Section 7 shall not be deemed to constitute changes or amendments for purposes of this Section 8.6.

Appears in 2 contracts

Samples: Stock Option Plan Agreement (Chineseworldnet Com Inc), Stock Option Plan Agreement (Chineseworldnet Com Inc)

Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this the Plan or change of or affecting any outstanding award Award shall, without written consent of the participantParticipant, affect in any manner materially adverse to the participant Participant any rights or benefits of the participant Participant or obligations of the Corporation under any award Award granted under this Plan prior to the effective date of such change. Changes, settlements and other actions Changes contemplated by Section 7 6.2 shall not be deemed to constitute changes or amendments for purposes of this Section 8.66.6.

Appears in 1 contract

Samples: Royal Bank of Canada

Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this Plan or change of or affecting any outstanding award Award shall, without the written consent of the participantParticipant, affect in any manner materially adverse to the participant Participant any rights or benefits of the participant Participant or obligations of the Corporation under any award Award granted under this Plan prior to the effective date of such change. Changes, settlements and other actions contemplated by Section 7 10 shall not be deemed to constitute changes or amendments for purposes of this Section 8.611.6.

Appears in 1 contract

Samples: Tf Financial Corp

Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this Plan or change of or affecting any outstanding award Award shall, without written consent of the participantParticipant, affect in any manner materially adverse to the participant Participant any rights or benefits of the participant Participant or obligations of the Corporation Company under any award Award granted under this Plan prior to the effective date of such changePlan. Changes, settlements and other actions contemplated by Section 7 8 shall not be deemed to constitute changes or amendments for purposes of this Section 8.6.10.5.5. 22

Appears in 1 contract

Samples: Servicesource International, Inc.

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Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this Plan or change of or affecting any outstanding award Award shall, without written consent of the participantParticipant, affect in any manner materially adverse to the participant Participant any rights or benefits of the participant Participant or obligations of the Corporation Company under any award Award granted under this Plan prior to the effective date of such change. Changes, settlements and other actions Changes contemplated by Section 7 5.2 shall not be deemed to constitute changes or amendments for purposes of this Section 8.65.6.

Appears in 1 contract

Samples: Operating Agreement (Amerigon Inc)

Limitations on Amendments to Plan and Awards. No amendment, suspension or termination of this Plan or change of or affecting any outstanding award Award shall, without written consent of the participantParticipant, affect in any manner materially adverse to the participant Participant any rights or benefits of the participant Participant or obligations of the Corporation under any award Award granted under this Plan prior to the effective date of such change. Changes, settlements and other actions Changes contemplated by Section 7 6.2 shall not be deemed to constitute changes or amendments for purposes of this Section 8.66.6.

Appears in 1 contract

Samples: Employment Agreement

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