Common use of Termination of Plan Clause in Contracts

Termination of Plan. The Board may suspend or terminate the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding Award or change the terms and conditions thereof without the Participant's consent.

Appears in 8 contracts

Samples: Incentive Compensation Plan (Cognizant Technology Solutions Corp), Incentive Compensation Plan (Cognizant Technology Solutions Corp), Incentive Compensation Plan (Cognizant Technology Solutions Corp)

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Termination of Plan. The Board or the Committee may suspend or terminate the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding Award or adversely change the terms and conditions thereof without the Participant's ’s consent.

Appears in 1 contract

Samples: Equity Incentive Plan (Opko Health, Inc.)

Termination of Plan. The Board or the Committee may suspend or terminate the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding Award or adversely change the terms and conditions thereof without the Participant's consent.

Appears in 1 contract

Samples: 2010 Equity Incentive Plan (Cardo Medical, Inc.)

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Termination of Plan. The Board may suspend or terminate the Plan at any time with or without prior notice; providedPROVIDED, howeverHOWEVER, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding Award or change the terms and conditions thereof without the Participant's consent.

Appears in 1 contract

Samples: 1997 Performance and Equity Incentive Plan (Intek Global Corp)

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