Common use of 1Amendment Clause in Contracts

1Amendment. The Committee may amend this Award Agreement at any time; provided, however, that no such amendment may adversely affect the Participant’s rights under this Award Agreement without the consent of the Participant, except to the extent such amendment is desirable or necessary to comply with applicable law, including, but not limited to, Code Section 409A as further provided in the Plan. No amendment or addition to this Award Agreement shall be effective unless in writing.

Appears in 2 contracts

Sources: Performance Stock Units Grant Notice and Global Psu Award Agreement (Silicon Laboratories Inc.), Performance Stock Units Grant Notice and Global Psu Award Agreement (Silicon Laboratories Inc.)