Termination or Amendment of the Plan Sample Clauses

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.
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Termination or Amendment of the Plan. (a) This Plan may be amended or terminated by agreement between the Union and the Employer.
Sample 1Sample 2Sample 3See All (10)
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.
Sample 1Sample 2See All (7)
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.
Sample 1
Termination or Amendment of the Plan. (a) This Plan may be amended or terminated by agreement between the BC Government & Service Employees’ Union and the Cariboo Regional District. Any amendments shall be binding upon all present and future participants.
Sample 1
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.
Sample 1
Termination or Amendment of the Plan 
Sample 1
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Related to Termination or Amendment of the Plan

  • Termination or Amendment The Committee may terminate or amend the Plan or this Agreement at any time; provided, however, that no such termination or amendment may adversely affect the Participant’s rights under this Agreement without the consent of the Participant unless such termination or amendment is necessary to comply with applicable law or government regulation. No amendment or addition to this Agreement shall be effective unless in writing.

  • AMENDMENT OF THE PLAN Upon at least sixty (60) days written notice to each Subscriber, with the written consent of the Trustee and in accordance with Applicable Legislation, the Promoter may from time to time amend the Plan with the concurrence of relevant taxation and other regulatory authorities having jurisdiction over the Plan, provided that such amendment does not have the effect of disqualifying the Plan for acceptance as a registered education savings plan within the meaning of the Applicable Legislation or disqualifying the Beneficiary as recipient of Government Funded Benefits according to the Applicable Legislation. However, if the Plan must be amended to ensure the Plan continues to comply with the Applicable Legislation as amended from time to time, the Promoter is not required to give the Subscriber(s) prior notice of such amendments to the Plan and such amendments will be effective immediately after they have been made.

  • Amendment, Suspension or Termination of the Plan By accepting this Award, Participant expressly warrants that he or she has received an Award of Restricted Stock Units under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Amendment and Termination; Waiver Subject to the terms of the Plan, this Agreement may be amended or terminated only by the written agreement of the parties hereto. The waiver by BB&T of a breach of any provision of the Agreement by the Participant shall not operate or be construed as a waiver of any subsequent breach by the Participant. Notwithstanding the foregoing, the Administrator shall have unilateral authority to amend the Plan and this Agreement (without Participant consent) to the extent necessary to comply with applicable law or changes to applicable law (including but in no way limited to Section 409A and federal securities laws), and the Participant hereby consents to any such amendments to the Plan and this Agreement.

  • Modification or Amendment Subject to the provisions of the applicable Laws, at any time prior to the Effective Time, the parties hereto may modify or amend this Agreement, by written agreement executed and delivered by duly authorized officers of the respective parties.

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