Common use of Amendment of Award Clause in Contracts

Amendment of Award. The Committee may amend, modify or terminate the Award, provided that the Grantee’s consent to such action shall be required unless the Committee determines that the action, taking into account any related action, would not materially and adversely affect the Grantee.

Appears in 4 contracts

Samples: Phase Forward Incorporated Restricted Stock Unit Award Agreement (Phase Forward Inc), Restricted Stock Unit Award Agreement (Phase Forward Inc), Restricted Stock Unit Award Agreement (Phase Forward Inc)

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Amendment of Award. The Committee may amend, modify modify, or terminate this Award, including substituting therefore another instrument of the Awardsame or a different type, provided that the GranteeParticipant’s consent to such action shall be required unless the Committee determines that the action, taking into account any related action, would not materially and adversely affect the GranteeParticipant.

Appears in 2 contracts

Samples: American Science And (American Science & Engineering, Inc.), American Science And (American Science & Engineering Inc)

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