1Termination or Amendment. The Committee may terminate or amend the Plan or the Option at any time; provided, however, that except as provided in Section 8 in connection with a Change in Control, no such termination or amendment may have a materially adverse effect on the Option or any unexercised portion thereof 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 Option Agreement shall be effective unless in writing.
Appears in 1 contract
1Termination or Amendment. The Committee may terminate or amend the Plan or the Option this Agreement at any time; provided, however, that except as provided in Section 8 in connection with a Change in Control, no such termination or amendment may have a materially adverse effect on the Option or any unexercised portion thereof Participant’s rights under this 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, in the case of a U.S. Participant, Section 409A. No amendment or addition to this Option Agreement shall be effective unless in writing.
Appears in 1 contract
Sources: Restricted Share Units Agreement (Quipt Home Medical Corp.)
1Termination or Amendment. The Committee may terminate or amend the Plan or the Option this Agreement at any time; provided, however, that except as provided in Section 8 in connection with a Change in Control, no such termination or amendment may have a materially adverse effect on the Option or any unexercised portion thereof Participant’s rights under this 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 Option Agreement shall be effective unless in writing.
Appears in 1 contract
Sources: Performance Stock Units Agreement (Palomar Holdings, Inc.)