Common use of Right to Amend Award Clause in Contracts

Right to Amend Award. The Board at any time, and from time to time, may amend the terms of any one or more Awards; provided, however, that the rights under any Award shall not be impaired by any such amendment unless (i) the Company requests the consent of the Participant and (ii) the Participant consents in writing.

Appears in 4 contracts

Samples: Stock Option Agreement (Gentium S.p.A.), 2004 Italy Stock Award Sub (Gentium S.p.A.), Award Agreement (Gentium S.p.A.)

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Right to Amend Award. The Board at any time, and from time to time, may amend the terms of any one or more Awards; provided, however, that the rights under any Award shall not be impaired by any such amendment unless (i) the Company requests the consent of the Participant and (ii) the Participant consents in writing. SECTION 16.

Appears in 1 contract

Samples: Restricted Stock Agreement (Gentium S.p.A.)

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