Common use of Amendment, Suspension or Termination of the Plan Clause in Contracts

Amendment, Suspension or Termination of the Plan. By accepting this award, the Director expressly warrants that he or she has received a right to an equity based award under the Plan, and has received, read, and understood a description of the Plan. The Director understands that the Plan is discretionary in nature and may be modified, suspended, or terminated by the Company at any time.

Appears in 16 contracts

Samples: Restricted Stock Unit Agreement (Varian Medical Systems Inc), Phantom Stock Agreement (Pmi Group Inc), Stock Unit Agreement (Gap Inc)

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Amendment, Suspension or Termination of the Plan. By accepting this awardAward, the Outside Director expressly warrants that he or she has received a right to an equity based award grant of Restricted Stock under the Plan, and has received, read, read and understood a description of the Plan. The Outside Director understands that the Plan is discretionary in nature and may be modifiedamended, suspendedaltered, suspended or terminated by the Company at any time.

Appears in 1 contract

Samples: Equity Plan Restricted Stock Agreement (Digital Impact Inc /De/)

Amendment, Suspension or Termination of the Plan. By accepting this award, the Director expressly warrants that he or she has received a right to an equity based award Restricted Stock Award under the Plan, and has received, read, read and understood a description of the Plan. The Director understands that the Plan is discretionary in nature and may be modified, suspended, suspended or terminated by the Company at any time.

Appears in 1 contract

Samples: Restricted Stock Agreement (Polycom Inc)

Amendment, Suspension or Termination of the Plan. By accepting this award, the Director expressly warrants that he or she has received a right to an equity based award purchase stock under the Plan, and has received, read, read and understood a description of the Plan. The Director understands that the Plan is discretionary in nature and may be modified, suspended, suspended or terminated by the Company at any time.

Appears in 1 contract

Samples: Restricted Stock Agreement (Quantum Corp /De/)

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Amendment, Suspension or Termination of the Plan. By accepting this award, the Director expressly warrants that he or she has received a right to an equity equity-based award under the Plan, and has received, read, and understood a description of the Plan. The Director understands that the Plan is discretionary in nature and may be modified, suspended, or terminated by the Company at any time.

Appears in 1 contract

Samples: Director Stock Unit Agreement (Gap Inc)

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