Common use of Power to Amend Clause in Contracts

Power to Amend. The Company, by action of its Board of Directors on behalf of all Employers, the Management Resources and Compensation Committee of the Board of Directors (the “Compensation Committee”) on behalf of the Board of Directors, the Senior Vice President as provided in Subsection (c) below, or the Administrator as provided in Subsection (d) below, may amend, modify, change, revise or discontinue this Plan or any Appendix, in whole or in part, or with respect to all persons or a designated group of persons, by amendment at any time; provided, however, that no amendment shall:

Appears in 4 contracts

Samples: Custodial Agreement (Pepsiamericas Inc/Il/), Custodial Agreement (Pepsiamericas Inc/Il/), Adoption Agreement (Pepsiamericas Inc/Il/)

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