Common use of Termination or Amendment Clause in Contracts

Termination or Amendment. The Board may terminate or amend the Plan or the Award at any time; provided, however, that except as provided in Section 7 in connection with a Change in Control, no such termination or amendment may adversely affect the Award without the consent of the Participant unless such termination or amendment is necessary to comply with any applicable law or government regulation. No amendment or addition to this Agreement shall be effective unless in writing.

Appears in 5 contracts

Samples: Deferred Stock Agreement, Deferred Stock Agreement (Cohu Inc), Performance Share Award Agreement (Invitrogen Corp)

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Termination or Amendment. The Board may terminate or amend the Plan or the Award this Agreement at any time; provided, however, that except as provided above in Section 7 12 in connection with a Change in Control, no such termination or amendment may adversely affect the Award Awardee’s rights under this Agreement without the consent of the Participant Awardee unless such termination or amendment is necessary to comply with any applicable law or government regulation. , including, but not limited to, Section 409A. No amendment or addition to this Agreement shall be effective unless in writing.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Savara Inc), Restricted Stock Unit Agreement (Savara Inc)

Termination or Amendment. The Board may terminate or amend the Plan or the Award at any time; provided, however, that except as provided in Section 7 6 in connection with a Change in Control, no such termination or amendment may adversely affect the Award without the consent of the Participant unless such termination or amendment is necessary to comply with any applicable law or government regulation. No amendment or addition to this Agreement shall be effective unless in writing.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Cohu Inc), Restricted Stock Unit Agreement (Cohu Inc)

Termination or Amendment. The Board may terminate or amend the Plan or the Award at any time; provided, however, that except as provided in Section 7 8 in connection with a Change in Control, no such termination or amendment may adversely affect the Award without the consent of the Participant Director unless such termination or amendment is necessary or desirable, as determined in the sole discretion of the Company, necessary or desirable to comply with any applicable law or government regulationregulation or to preserve the desired tax impacts to the Director and the Company underlying this Award. No amendment or addition to this Agreement shall be effective unless in writing.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Invitrogen Corp)

Termination or Amendment. The Board may terminate or amend the Plan or the this Award Agreement at any time; provided, however, that except as provided in Section 7 section 19 of the Plan in connection with a Change in Controlcorporate transaction, no such termination or amendment may adversely affect the Participant’s rights under this Award Agreement without the consent of the Participant unless such termination or amendment is necessary to comply with any applicable law or government regulation. No amendment or addition to this Award Agreement shall be effective unless in writing.

Appears in 1 contract

Samples: Stock Option Agreement (Silicon Image Inc)

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Termination or Amendment. The Board may terminate or amend the Plan or the this Award Agreement at any time; provided, however, that except as provided in Section 7 in connection with a Change in Control, no such termination or amendment may adversely affect have a materially adverse effect on the Participant’s rights under this Award Agreement without the consent of the Participant unless such termination or amendment is necessary to comply with any applicable law or government regulation. , including, but not limited to, Section 409A. No amendment or addition to this Award Agreement shall be effective unless in writing.

Appears in 1 contract

Samples: Stock Units Agreement (SmartRent, Inc.)

Termination or Amendment. The Board may terminate or amend the Plan or the this Award Agreement at any time; provided, however, that except as provided in Section 7 Paragraph 8 of this Agreement in connection with a Change in Control, no such termination or amendment may adversely affect have a materially adverse effect on the Participant’s rights under this Award Agreement without the consent of the Participant unless such termination or amendment is necessary to comply with any applicable law or government regulation, including, but not limited to, Section 409A Regulations. No amendment or addition to this Award Agreement shall be effective unless in writing.

Appears in 1 contract

Samples: Award Agreement

Termination or Amendment. The Board of Directors may terminate or amend the Plan or the Award at any time; provided, however, that except as provided in Section 7 8(b) of the Plan in connection with a Change in Control, no such termination or amendment may adversely affect the Award without the consent of the Participant unless such termination or amendment is necessary to comply with any applicable law or government regulation. No amendment or addition to this Agreement shall be effective unless in writing.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Bebe Stores Inc)

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