Termination or Amendment of the Plan. The Board of Directors may without the consent of the shareholders, at any time, suspend, amend, or terminate the Plan, provided that except as set forth in Section 10 hereof, no amendment may be adopted that will: (A) increase the number of shares reserved for Options under the Plan; (b) change the Option price or the method of determining the Option price; (c) change the provisions required for compliance with Section 422A of the Internal Revenue Code and Regulations issued thereunder; or (d) cause noncompliance with Rule 16b-3. The Board of Directors may amend the Plan to the extent permitted by law if they deem it advisable in order to comply with the applicable Internal Revenue Code provisions and with Rule 16b-3. The Board shall not amend the Plan so as to materially increase the benefits accruing to participants under the Plan or materially modify the requirements for eligibility for participation in the Plan without the approval of the shareholders of the Company. The amendment or termination of this Plan shall not, without the consent of the Optionee, alter or impair any rights or obligations under any Option previously granted hereunder.
Termination or Amendment of the Plan. (a) This Plan may be amended or terminated by agreement between the Union and the Employer.
(b) No amendment shall be made to the Plan which will prejudice any tax ruling which is applicable to the Plan prior to the amendment.
Termination or Amendment of the Plan. (a) This Plan may be amended or terminated by agreement between the Union and the BCGEU. Any amendments shall be binding upon all present and future participants.
(b) No amendment shall be made to the Plan which will prejudice any tax ruling which is applicable to the Plan prior to the amendment.
Termination or Amendment of the Plan. Subject to the limitations contained in Section 16.3 below, including specifically the requirement of stockholder approval if applicable, the Board may at any time terminate the Plan or make such modifications of the Plan as it shall deem advisable. Unless the Board otherwise expressly provides, no amendment of the Plan shall affect the terms of any Award outstanding on the date of such amendment.
Termination or Amendment of the Plan. No amendment shall be made to the Plan which will prejudice any tax ruling which is applicable to the Plan prior to the amendment.
Termination or Amendment of the Plan. This Plan may be amended or terminated by agreement between the Staff Union and the BCGEU. Any amendments shall be binding upon all present and future participants.
Termination or Amendment of the Plan
