Common use of Right to Amend the Plan Clause in Contracts

Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders only to the extent required by applicable laws, regulations or rules.

Appears in 27 contracts

Samples: 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Nikola Corp), Stock Incentive Plan (EGAIN Corp)

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Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders only to the extent required by applicable laws, regulations or rules.

Appears in 10 contracts

Samples: 2025 Restricted Stock Retirement Plan (Farmers & Merchants Bancorp), 2020 Stock Incentive Plan (Vincerx Pharma, Inc.), 2021 Stock Incentive Plan (1stdibs.com, Inc.)

Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, amendment except with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders shareholders only to the extent required by applicable laws, regulations or rules.

Appears in 5 contracts

Samples: 2024 Stock Incentive Plan (Silvaco Group, Inc.), 2024 Stock Incentive Plan (Silvaco Group, Inc.), 2024 Stock Incentive Plan (Sow Good Inc.)

Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders only to the extent required by applicable laws, regulations or rules.

Appears in 2 contracts

Samples: 2015 Stock Incentive Plan (Invitae Corp), 2013 Stock Incentive Plan (Receptos, Inc.)

Right to Amend the Plan. The Board of Directors or the Committee may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders shareholders only to the extent required by applicable laws, regulations or rules.

Appears in 2 contracts

Samples: 2021 Stock Incentive Plan (Rockley Photonics Holdings LTD), Business Combination Agreement (SC Health Corp)

Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, amendment except with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders only to the extent required by applicable laws, regulations or rules.

Appears in 2 contracts

Samples: 2023 Stock Incentive Plan (Interactive Strength, Inc.), 2022 Stock Incentive Plan (Interactive Strength, Inc.)

Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, amendment except with consent of the Participant. An amendment of the Plan shall be is not subject to the approval of the Company’s stockholders only shareholders unless to the extent required by applicable laws, regulations or rules.

Appears in 1 contract

Samples: 2024 Omnibus Incentive Plan (I-Mab)

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Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders shareholders only to the extent required by applicable laws, regulations regulations, or rules.

Appears in 1 contract

Samples: 2022 Stock Incentive Plan (CENNTRO ELECTRIC GROUP LTD)

Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders shareholders only to the extent required by applicable laws, regulations or rules.

Appears in 1 contract

Samples: 2015 Stock Incentive Plan (Sigma Designs Inc)

Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except with the consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders only to the extent required by applicable laws, regulations or rules.

Appears in 1 contract

Samples: 2020 Stock Incentive Plan (Concentrix Corp)

Right to Amend the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except with consent of the Participant. An amendment of the Plan or any Award shall be subject to the approval of the 281753960 v1 Company’s stockholders only to the extent required by applicable laws, regulations regulations, rules or ruleslisting requirements.

Appears in 1 contract

Samples: Inducement Award Plan (SITIME Corp)

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