Amendment and Termination definition

Amendment and Termination. The Agreement may be terminated or amended in any respect by resolution adopted by a majority of the Board, unless a Change in Control has previously occurred. However, after the Board has knowledge of a transaction or event that, if consummated, would constitute a Change in Control, this Agreement may not be terminated or amended in any manner which would adversely affect the rights or potential rights of the Executive, unless and until the Board has determined that such potential Change in Control has been abandoned and will not be consummated, and the Board does not have knowledge of another transaction or event that, if consummated, would constitute a Change in Control. If a Change in Control occurs, the Agreement shall no longer be subject to amendment, change, substitution, deletion, revocation or termination in any respect which adversely affects the rights of the Executive.

Amendment and Termination is amended as follows:

Examples of Amendment and Termination in a sentence

• Amendment and Termination The Board or the Committee may amend, modify or terminate this Policy in whole or in part at any time and from time to time in its sole discretion.

• Any signature page of this Amendment and Termination Agreement may be detached from any counterpart of this Amendment and Termination Agreement without impairing the legal effect of any signatures thereon, and may be attached to another counterpart of this Amendment and Termination Agreement identical in form hereto but having attached to it one or more signature pages.

• The obligations of the Parties under this Amendment and Termination Agreement are conditioned upon and shall not become effective or binding until receipt by Buyer of approval of this Amendment and Termination Agreement by the Massachusetts Department of Public Utilities (the “DPU”), which approval shall be final and not subject to appeal or rehearing and shall be acceptable in form and substance to both Buyer and Seller, each in its sole discretion (“Final DPU Approval”).

• The Parties will make commercially reasonable efforts to cooperate, support, and explain this Amendment and Termination Agreement in connection with the request for approval of this Amendment and Termination Agreement by the DPU or any other investigation of this Amendment and Termination Agreement by any other Massachusetts state agency.

• Buyer shall file a request that the DPU grant approval of this Amendment and Termination Agreement, together with an unredacted copy of this Amendment and Termination Agreement, within five (5) Business Days after the date hereof, and such filing shall include a request that the DPU approve this Amendment and Termination Agreement within thirty (30) days after such filing.

• This Amendment and Termination Agreement may be executed in any number of counterparts, and upon execution by the Parties, each executed counterpart shall have the same force and effect as an original instrument and as if the Parties had signed the same instrument.

• Facsimile and portable document format (.pdf) signatures on this Amendment and Termination Agreement shall be deemed to be original signatures and shall have the same force and effect as such original signatures.

• The headings contained in this Amendment and Termination Agreement are solely for the convenience of the Parties and should not be used or relied upon in any manner in the construction or interpretation of this Amendment and Termination Agreement.

• This Amendment and Termination Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Massachusetts, without regard to the conflicts of laws rules thereof.

• This Agreement may be revised from time to time in Accordance with clause 26 (Amendment and Termination), upon notice to you in writing, which may include displaying such revisions on our website.