Amendment, Suspension, and Termination of Plan. (a) The Board of Directors may suspend or terminate the Plan or any portion thereof at any time, and, subject to limitations contained therein and, subject to shareholder approval if required, may amend the Plan from time to time in such respects as the Board of Directors may deem advisable in order that any awards thereunder shall conform to any change in applicable laws or regulations or in any other respect the Board of Directors may deem to be in the best interests of the Company; provided, however, that no such amendment, suspension, or termination shall adversely alter or impair the Award granted hereunder without the consent of the Grantee.
Appears in 6 contracts
Samples: 2012 Stock Incentive Plan (Origin Bancorp, Inc.), 2012 Stock Incentive Plan (Origin Bancorp, Inc.), 2012 Stock Incentive Plan (Origin Bancorp, Inc.)
Amendment, Suspension, and Termination of Plan. (a) The Board of Directors may suspend or terminate the Plan or any portion thereof at any time, and, subject to limitations contained therein and, and subject to shareholder approval if required, may amend the Plan from time to time in such respects as the Board of Directors may deem advisable in order that any awards thereunder shall conform to any change in applicable laws or regulations or in any other respect the Board of Directors may deem to be in the best interests of the Company; provided, however, that no such amendment, suspension, or termination shall materially adversely alter or impair the Restricted Stock Award granted hereunder without the consent of the Grantee.
Appears in 2 contracts
Samples: Stock Incentive Plan (First Bancshares Inc /MS/), Stock Incentive Agreement (First Bancshares Inc /MS/)
Amendment, Suspension, and Termination of Plan. (a) The Board of Directors may suspend or terminate the Plan or any portion thereof at any time, and, subject to limitations contained therein and, and subject to shareholder approval if required, may amend the Plan from time to time in such respects as the Board of Directors may deem advisable in order that any awards thereunder shall conform to any change in applicable laws or regulations or in any other respect the Board of Directors may deem to be in the best interests of the Company; provided, however, that no such amendment, suspension, or termination shall adversely alter or impair the Restricted Stock Award granted hereunder without the consent of the Grantee.
Appears in 2 contracts
Samples: Stock Incentive Plan Stock Incentive Agreement (Origin Bancorp, Inc.), 2012 Stock Incentive Plan (Origin Bancorp, Inc.)
Amendment, Suspension, and Termination of Plan. (a) The Board of Directors may suspend or terminate the Plan or any portion thereof at any time, and, subject to limitations contained therein and, and subject to shareholder approval if required, may amend the Plan from time to time in such respects as the Board of Directors may deem advisable in order that any awards thereunder shall conform to any change in applicable laws or regulations or in any other respect the Board of Directors may deem to be in the best interests of the Company; provided, however, that no such amendment, suspension, or termination shall adversely alter or impair the Award granted hereunder without the consent of the Grantee.
Appears in 1 contract
Samples: Incentive Plan Incentive Agreement (Origin Bancorp, Inc.)
