Modification of Instrument. Any modification of this Award Agreement shall be binding only if evidenced by resolution of the Board of the Company, provided that no modification may, without the consent of the Participant, adversely affect the rights of the Participant hereunder.
Appears in 16 contracts
Samples: Phantom Unit Award Agreement (MPLX Lp), Phantom Unit Award Agreement (MPLX Lp), Phantom Unit Award Agreement (Marathon Petroleum Corp)
Modification of Instrument. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by resolution of the Board an authorized representative of the Company, provided that no modification may, without the consent of the Participant, adversely affect the rights of the Participant hereunder.
Appears in 9 contracts
Samples: Phantom Unit Award Agreement (MPLX Lp), Phantom Unit Award Agreement (Marathon Petroleum Corp), Phantom Unit Award Agreement (MPLX Lp)
