Modification of Options. At any time and from time-to-time the Committee may execute an instrument providing for modification, extension, or renewal of any outstanding option, provided that no such modification, extension or renewal shall impair this Option in any respect without the written consent of the holder of this Option.
Appears in 17 contracts
Samples: Stock Option Agreement (Zix Corp), Stock Option Agreement (Zix Corp), Stock Option Agreement (Zix Corp)
Modification of Options. At any time and from time-to-time to time the Committee may execute an instrument providing for modification, extension, or renewal of any outstanding option, provided that no such modification, extension or renewal shall (i) impair this Option option in any respect without the written consent of the holder of this Optionoption or (ii) conflict with the provisions of Rule 16b-3 under the Exchange Act.
Appears in 2 contracts
Samples: Stock Option Agreement (Zixit Corp), Stock Option Agreement (Zixit Corp)
Modification of Options. At any time and from time-to-time the Committee may execute an instrument providing for modification, extension, or renewal of any outstanding option, provided that no such modification, extension or renewal shall impair this the Option holder’s rights in any respect without the written consent of the holder of this Optionholder.
Appears in 2 contracts
Samples: Stock Option Agreement (Zix Corp), Stock Option Agreement (Zix Corp)
