Modification of Compensation Terms Sample Clauses

Modification of Compensation Terms. Any valid modification to the terms included in this Agreement and any incorporated Addendum(s) cannot be done unilaterally by either STATEWIDE or EMPLOYEE without the express consent of the other. If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon a determination that any term or provision is invalid, illegal or unenforceable, STATEWIDE will modify this Agreement, by subsequent Addendum, to effect the original intent of this Agreement as closely as possible in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible. EMPLOYEE shall indemnify, hold harmless, and defend STATEWIDE and its officers, directors, employees, agents, affiliates, successors and permitted assigns against all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs, or expenses of whatever kind, including reasonable attorney's fees, that are incurred by STATEWIDE against EMPLOYEE.
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Modification of Compensation Terms. The Trust Governing Board may, with the unanimous consent of each of the Directors of the Trust Governing Board, and without application to or approval by the Bankruptcy Court, subject to the consent of the Litigation Trustee, reasonably modify the Litigation Trustee’s compensation and other terms regarding the retention of the Litigation Trustee. The Bankruptcy Court shall retain jurisdiction to adjudicate any dispute between the Litigation Trustee and the Trust Governing Board regarding the fees and expenses of the Litigation Trustee.

Related to Modification of Compensation Terms

  • Modification of Agreement This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto.

  • Modification, Amendment, Waiver or Termination No provision of this Agreement may be modified, amended, waived or terminated except by an instrument in writing signed by the parties to this Agreement. No course of dealing between the parties will modify, amend, waive or terminate any provision of this Agreement or any rights or obligations of any party under or by reason of this Agreement.

  • Change in Control Provisions Notwithstanding anything to the contrary in these Terms and Conditions, the following provisions shall apply to all Stock Units granted under the attached Award Agreement.

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