Amendment of Option. This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 8 contracts
Samples: Bonus and Stock Option Agreement (WGNB Corp), Incentive Stock Option Agreement (WGNB Corp), Incentive Stock Option Agreement (WGNB Corp)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or of regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 6 contracts
Samples: NRG Generating U S Inc, Cogeneration Corp of America, Cogeneration Corp of America
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; Option or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeParticipant.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Startek Inc), Option Agreement (Startek Inc), Option Agreement (Startek Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 4 contracts
Samples: Agreement (Rait Investment Trust), Agreement (Rait Investment Trust), Agreement (Rait Investment Trust)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition additions to or change changes in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeParticipant.
Appears in 4 contracts
Samples: Award Number (Southland Corp), 7 Eleven Inc, Southland Corp
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; Option or (ii) other than in the circumstances described in clause (i), with the written consent of WGNB and the Grantee.
Appears in 3 contracts
Samples: Grant of Incentive (Fidelity Leasing Inc), Grant of Incentive (Fidelity Leasing Inc), Grant of Incentive (Fidelity Leasing Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986, as amended, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 3 contracts
Samples: Employment Agreement (BPO Management Services), Nonstatutory Stock Option Agreement (BPO Management Services), Regent Communications Inc
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeOptionee.
Appears in 3 contracts
Samples: Incentive Stock Option Agreement (Paysys International Inc), Incentive Stock Option Agreement (Paysys International Inc), Incentive Stock Option Agreement (Paysys International Inc)
Amendment of Option. This Agreement and the terms of the Option The option may be amended by the Board or the Committee at any time (iI) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in light of the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; regulation or (ii) other than in the circumstances described in clause (iI), with the consent of WGNB and the GranteeOptionee, unless the amendment would not adversely affect the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Pioneer Railcorp), Stock Option Agreement (Pioneer Railcorp)
Amendment of Option. This Agreement and the terms of the Option The option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in light of the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; regulation or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeOptionee, unless the amendment would not adversely affect the Optionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Pioneer Railcorp), Stock Option Agreement (Pioneer Railcorp)
Amendment of Option. This Agreement and the The terms of the Option may be amended by the Board or the Committee at any time (ia) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and that by its terms applies to the Option; or (iib) other than in the circumstances described in clause Clause (ia), with the consent of WGNB and the GranteeOptionee.
Appears in 2 contracts
Samples: Stock Option Agreement (National City Bancshares Inc), Stock Option Agreement (National City Bancshares Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition additions to or change changes in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), in the latter case with the consent of WGNB and the GranteeParticipant.
Appears in 2 contracts
Samples: 7 Eleven Inc, 7 Eleven Inc
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Stock Option Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 2 contracts
Samples: Employment Agreement (Uci Medical Affiliates Inc), Employment Agreement (Uci Medical Affiliates Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; Option or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeParticipant.
Appears in 2 contracts
Samples: Resignation Agreement (Startek Inc), . Option Agreement (Startek Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 2 contracts
Samples: Grant of Incentive (Resource America Inc), Vertical Computer Systems Inc
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986, as amended, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Regent Communications Inc
Amendment of Option. This Agreement and the terms of the The Option may be amended by the REIT Board of Trustees (the "Board") or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Code or in the regulations issued thereunder, or any federal Federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeOptionee.
Appears in 1 contract
Samples: Crown American Realty Trust
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Orlando Predators Entertainment Inc
Amendment of Option. This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB the Company and the Grantee.
Appears in 1 contract
Samples: Form of Incentive Stock Option Agreement (Cotton States Life Insurance Co /)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (ia) if the Board or the Committee determines, in its their sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code Code, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; Option or (iib) other than in the circumstances described in clause (ia), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Intrust Financial Corp /
Amendment of Option. This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB CNB and the Grantee.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (First Capital Bancorp, Inc.)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeParticipant.
Appears in 1 contract
Samples: Summit Financial Group Inc
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to bring the Plan and/or the Option into compliance with, or in light of, any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which addition or change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Form of Stock Option Agreement (Alliance Bankshares Corp)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or of regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: NRG Generating U S Inc
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (iI) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or of regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (iI), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: NRG Generating U S Inc
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986, including amendments, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (U S Liquids Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Internal Revenue Code 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Agreement (Resource America Inc)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or of regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the GranteeXxxxxxx.
Appears in 1 contract
Samples: NRG Generating U S Inc
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that an amendment is necessary or advisable due to in light of any addition to or change in the Internal Revenue Code of 1986, as amended, or in the regulations issued thereunder, or pursuant to any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), ) with the consent of WGNB and the Grantee.
Appears in 1 contract
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Executive Employment Agreement (Todd Shipyards Corp)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to bring the Plan and/or the Option into compliance with, or in light of, any addition to or change in the Internal Revenue Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which addition or change occurs after the Grant Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Form of Stock Option Agreement (Alliance Bankshares Corp)
Amendment of Option. This Agreement and the terms of the Option may be amended by the Board or the Committee at any time (iI) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to any addition to or change in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; , or (ii) other than in the circumstances described in clause (i), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Employment Agreement (Gumtech International Inc \Ut\)
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (i) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable due to conform to any addition to or change changes in the Code or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (ii) other than which the Board may deem to be in the circumstances described in clause (i)best interests of the Company, with provided that no amendment shall impair or negate any of the rights or obligations under this grant, without the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: TSG Ventures Lp
Amendment of Option. This Agreement and the terms of the The Option may be amended by the Board or the Committee at any time (ia) if the Board or the Committee of Directors determines, in its sole discretion, that amendment is necessary or advisable due to in light of any addition to or change in the Code Code, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, which change occurs after the Date of Grant and by its terms applies to the Option; or (iib) other than in the circumstances described in clause (ia), with the consent of WGNB and the Grantee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Intrust Financial Corp /)
