Amendment of Award. The Committee may amend the terms of this Agreement; provided, that, the Committee may not effect any amendment which would otherwise constitute an impairment of the Participant’s rights under this Award unless (i) the Company requests the Participant’s consent and (ii) the Participant consents in writing.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Key Energy Services Inc), Nonqualified Stock Option Agreement (Key Energy Services Inc)
Amendment of Award. The Committee may amend the terms of this Agreement; provided, that, the Committee may not effect any amendment which would otherwise constitute an impairment of the ParticipantOptionee’s rights under this Award unless (i) the Company requests the ParticipantOptionee’s consent and (ii) the Participant Optionee consents in writing.
Appears in 1 contract
Samples: Stock Option Award Agreement (Parametric Sound Corp)
Amendment of Award. The Committee may amend the terms of this Agreement; provided, that, the Committee may not effect any amendment which would otherwise constitute an impairment of the ParticipantGrantee’s rights under this Award unless such amendment is: (i) pursuant to the Stockholders Agreement; or (ii) the Company requests the ParticipantGrantee’s consent and (ii) the Participant Grantee consents in writing.
Appears in 1 contract
Amendment of Award. The Committee may amend the terms of this Agreement; provided, that, the Committee may not effect any amendment which would otherwise constitute an impairment of the Participant’s 's rights under this Award unless (i) the Company requests the Participant’s 's consent and (ii) the Participant consents in writing.
Appears in 1 contract
Samples: Incentive Plan Nonqualified Stock Option Agreement (Key Energy Services Inc)
