Common use of Right to Amend and Terminate Clause in Contracts

Right to Amend and Terminate. The Executive’s right to participate in the plans, programs and arrangements described in this Section 3(c) shall not affect the Company’s right to amend or terminate the general applicability of such plans, programs and arrangements. The Company may, in its sole discretion and from time to time, amend, eliminate or establish additional benefit plans, programs and arrangements.

Appears in 3 contracts

Samples: Employment Agreement (Dril-Quip Inc), Employment Agreement (Dril-Quip Inc), Employment Agreement (Dril-Quip Inc)

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Right to Amend and Terminate. The Executive’s right to participate in the plans, programs and arrangements described in this Section 3(c‎3(c) shall not affect the Company’s right to amend or terminate the general applicability of such plans, programs and arrangements. The Company may, in its sole discretion and from time to time, amend, eliminate or establish additional benefit plans, programs and arrangements.

Appears in 1 contract

Samples: Employment Agreement (Dril-Quip Inc)

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