Common use of Plan Amendments Clause in Contracts

Plan Amendments. The Company reserves the right to modify, suspend or discontinue any and all of its executive plans, practices, policies and programs at any time without recourse by the Executive so long as such action is taken generally with respect to other similarly situated executives and does not single out the Executive.

Appears in 9 contracts

Samples: Employment Agreement (Versicor Inc /Ca), Employment Agreement (Versicor Inc /Ca), Employment Agreement (Versicor Inc /Ca)

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Plan Amendments. The Company reserves the right to modify, suspend or discontinue any and all of its executive employee plans, practices, policies and programs at any time without recourse by the Executive Employee so long as such action is taken generally with respect to other similarly situated executives and does not single out the ExecutiveEmployee.

Appears in 3 contracts

Samples: Employment Agreement (Kaynar Technologies Inc), Employment Agreement (Kaynar Holdings Inc), Employment Agreement (Kaynar Holdings Inc)

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Plan Amendments. The Company reserves the right to modify, suspend or discontinue any and all of its executive plans, practices, policies and programs programs, as they may change, at its sole discretion and at any time without recourse by the Executive Executive, so long as such action is taken generally with respect to other similarly situated executives and does not single out the Executive.

Appears in 1 contract

Samples: Employment Agreement (Vicuron Pharmaceuticals Inc)

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