Right to Amend or Terminate the Plan. The Board may amend, suspend, or terminate the Plan at any time and for any reason. An amendment of the Plan shall not be subject to the approval of the Company’s stockholders unless it (i) increases the number of Shares available for issuance under the Plan (except as provided in Section 11) or (ii) materially changes the class of persons who are eligible for the grant of Awards.
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Samples: Restricted Stock Unit Grant Notice (Silvaco Group, Inc.), FTC (FTC Solar, Inc.), FTC (FTC Solar, Inc.)
Right to Amend or Terminate the Plan. The Board may amend, suspend, or terminate the Plan at any time and for any reason. An amendment of the Plan shall not be subject to the approval of the Company’s stockholders unless it (i) increases the number of Shares available for issuance under the Plan (except as provided in Section 119) or (ii) materially changes the class of persons who are eligible for the grant of AwardsOptions or the award or sale of Shares.
Appears in 2 contracts
Samples: Common Stock Purchase Agreement (MongoDB, Inc.), Common Stock Purchase Agreement (MongoDB, Inc.)
Right to Amend or Terminate the Plan. The Board of Directors may amend, suspend, suspend or terminate the Plan at any time and for any reason. An ; provided, however, that any amendment of the Plan shall not be subject to the approval of the Company’s stockholders unless it (i) which increases the number of Shares available for or issuance under the Plan (except as provided in Section 11) 8), or (ii) which materially changes the class of persons who are eligible for the grant of AwardsISOs, shall be subject to the approval of the Company's shareholders. Shareholder approval shall not be required for any other amendment of the Plan.
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