Common use of SUSPENSION, TERMINATION AND AMENDMENT Clause in Contracts

SUSPENSION, TERMINATION AND AMENDMENT. 1. This Sales Plan may be (a) suspended or terminated by Issuer at any time upon one Trading Day prior written notice or (b) terminated by Seller at any time upon one Trading Day prior written notice; provided however that JPMS may in its sole discretion decide to suspend or terminate on the same Trading Day that written notice is provided, if JPMS deems such action practicable. Any such suspension or termination shall be made in good faith and not as a part of a plan or scheme to evade the prohibitions of Rule 10b5-1 or other applicable securities laws. JPMS will require certain representations from Seller and acknowledgement of Issuer as a condition to such suspension or termination.

Appears in 8 contracts

Samples: Sales Plan (Richison Chad R.), Sales Plan (Infisol 3000, S.L.), Sales Plan (Richison Chad R.)

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SUSPENSION, TERMINATION AND AMENDMENT. 1. This Sales Plan may be (a) suspended or terminated by Issuer at any time upon one Trading Day business day prior written notice or (b) terminated by Seller at any time upon one Trading Day business day prior written notice; provided however that JPMS may in its sole discretion decide to suspend or terminate on the same Trading Day business day that written notice is provided, if JPMS deems such action practicable. Any such suspension or termination shall be made in good faith and not as a part of a plan or scheme to evade the prohibitions of Rule 10b5-1 or other applicable securities laws. JPMS will require certain representations from Seller and acknowledgement of Issuer as a condition to such suspension or termination.

Appears in 4 contracts

Samples: Sales Plan (Brandon Limited Partnership No.1), Sales Plan (Meyer Daniel Harris), Sales Plan (Garutti Randall J)

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SUSPENSION, TERMINATION AND AMENDMENT. 1. This Sales Plan may be (a) suspended or terminated by Issuer at any time upon one Trading Day business day prior written notice or (b) terminated by Seller at any time upon one Trading Day business day prior written notice; provided however that JPMS may in its sole discretion decide to suspend or terminate on the same Trading Day business day that written notice is provided, if JPMS deems such action practicable. Any such suspension or termination shall be made in good faith and not as a part of a plan or scheme to evade the prohibitions of Rule 10b5-10b5- 1 or other applicable securities laws. JPMS will require certain representations from Seller and acknowledgement of Issuer as a condition to such suspension or termination.

Appears in 1 contract

Samples: Sales Plan (Ellenbogen Michael)

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