Prohibition on Repricing. The Committee and/or the Board may neither (a) amend the Option to reduce the Exercise Price, nor (b) cancel or replace the Option with Options having a lower exercise or xxxxx xxxxx, without the approval of the shareholders of the Company.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Orthofix International N V), Nonqualified Stock Option Agreement (Orthofix International N V), Inducement Grant Nonqualified Stock Option Agreement (Orthofix International N V)
