Amendments to Award Agreements Sample Clauses

Amendments to Award Agreements. The applicable provisions of the stock option award agreements for the Employee Stock Options are hereby amended to implement the vesting continuation and limited vesting acceleration set forth in clause (a) of this paragraph 1 and the tolling of the post-termination exercise periods set forth in clause (b) of this paragraph 1. Plan Name Grant Date Gxxxx Xxxxx Original Options Granted Options Vested as of Employment Termination Date Options Unvested as of Employment Termination Date Original Post- Termination of Employment Exercise Window Original Expiration Date 12/7/11 NQ $0.76 10IP 12/7/2011 $3.80 10,000 10,000 Covered under Rule 10b5-1 Plan 0 May exercise vested options for a period of 90 days 12/7/2018 04/26/2010 NQ $0.79 06IP 4/26/2010 $3.95 5,000 5,000 0 May exercise vested options for a period of 90 days 4/23/2020 1/10/12 NQ $0.78 10IP Performance 1/10/2012 $3.90 12,340 12,340 0 May exercise vested options for a period of 90 days 1/10/2019 1/24/13 NQ $4.00 10IP Performance 1/24/2013 $4.00 6,875 6,875 0 May exercise vested options for a period of 90 days 1/24/2020 3/17/14 NQ $14.32 10IP 3/17/2014 $14.32 7,400 7,400 0 May exercise vested options for a period of 90 days 3/17/2021 1/21/15 NQ $9.10 2014IP 1/21/2015 $9.10 20,000 20,000 0 May exercise vested options for a period of 90 days 1/21/2022 1/23/15 NQ $10.20 2014IP 1/23/2015 $10.20 15,000 15,000 0 May exercise vested options for a period of 90 days 1/23/2022 5/18/15 NQ $13.22 2014IP 5/18/2015 $13.22 6,000 5,668 332 May exercise vested options for a period of 90 days 5/18/2022 7/15/16 NQ $14.41 2014 AR IP 7/15/2016 $14.41 30,000 16,672 13,328 May exercise vested options for a period of 90 days 7/15/2023 01/26/17 NQ $13.81 2014 AR IP 1/26/2017 $13.81 20,000 7,790 12,210 May exercise vested options for a period of 90 days 1/26/2024
Sample 1
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Amendments to Award Agreements. Concurrently with the execution and delivery of this Amendment, Employer and Employee will execute and deliver Amended and Restated Award Agreements in the forms of Exhibits "A" and "B" hereto. The Amended and Restated Award Agreements will provide that all Restricted Shares will be issued to the Trustee for the benefit of Employee in accordance with the provisions of the Deferred Compensation Plan and Trust Agreement. The Award Agreements will also eliminate any references to the Incentive Equity Plan inasmuch as the Common Stock formerly subject to the Share Awards will not be issued under the Incentive Equity Plan.
Sample 1
Amendments to Award Agreements. The Award Agreements are hereby amended to delete the provision requiring that all transferees of shares underlying the Award Agreements, or other interest therein, receive and hold such shares or interest subject to the provisions of the Award Agreements, the effect being that the transferees of any shares underlying the Award Agreements shall receive such shares free from restrictions thereunder. The 2014 Award Agreements and the 2015 Award Agreement are hereby further amended to provide that in the event Employee breaches any provisions of this Agreement or the Confidentiality Agreement (as defined in Section 12 below) during the two-year period commencing on the Effective Date, the Company would have the right to recover (or “clawback”) the Subject Shares (or the proceeds from the sale of any such Subject Shares), in each case without the payment of any consideration for such Subject Shares. The Company may not exercise its clawback rights without first providing to Employee a written notice setting forth the specific grounds upon which the claims are based and allowing Employee the right to respond. The Company’s and Employee’s agreement to amend the Award Agreements shall be effective on the day immediately following the Effective Date.
Sample 1
Amendments to Award Agreements. The parties agree that as of March 31, 2010 (i) Xxxxxxxxx’x Award Agreement for Non-Qualified Stock Option dated October 10, 2008, is hereby amended to delete Section 2.1(b) and (ii) Xxxxxxxxx’x Award Agreement for Stock Appreciation Rights dated October 10, 2008, is hereby amended to delete Section 2.1(b). The parties acknowledge and agree that as a result of the amendments pursuant to this Section 8, the awards described in the preceding sentence will not terminate as a result of Xxxxxxxxx’x termination of employment with Corporation and such awards will continue to become exercisable or be exercised as otherwise provided for in the Award Agreements.
Sample 1

Related to Amendments to Award Agreements

  • Modifications to the Award Agreement This Award Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A in connection to this Award of Restricted Stock Units.

  • Award Agreements Each SAR grant shall be evidenced by an Award Agreement in such form as the Committee may approve and shall contain such terms and conditions not inconsistent with other provisions of the Plan as shall be determined from time to time by the Committee.

  • Amendments to the Grant Agreement 18.1 This Grant Agreement and the Grant Letter set out the entire agreement between the parties. They replace all previous negotiations, agreements, understandings and representations between the parties, whether oral or in writing.

  • Amendments to Agreements The Company shall not amend, modify or otherwise change the Warrant Agreement, Trust Agreement, Registration Rights Agreement, Purchase Agreements, the Services Agreement, or any Insider Letter without the prior written consent of the Representative which will not be unreasonably withheld. Furthermore, the Trust Agreement shall provide that the trustee is required to obtain a joint written instruction signed by both the Company and the Representative with respect to the transfer of the funds held in the Trust Account from the Trust Account, prior to commencing any liquidation of the assets of the Trust Account in connection with the consummation of any Business Combination, and such provision of the Trust Agreement shall not be permitted to be amended without the prior written consent of the Representative.

  • Amendments to Agreement This Agreement, or any term thereof, may be changed or waived only by written amendment signed by the party against whom enforcement of such change or waiver is sought. For special cases, the parties hereto may amend such procedures set forth herein as may be appropriate or practical under the circumstances, and Ultimus may conclusively assume that any special procedure which has been approved by the Trust does not conflict with or violate any requirements of its Declaration of Trust or then current prospectuses, or any rule, regulation or requirement of any regulatory body.

  • Amendments to Purchase Agreement 11. The parties agree that the Purchase Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

  • Amendments to Employment Agreement The Employment Agreement is hereby amended as follows:

  • AMENDMENTS TO SERVICE AGREEMENT With effect from the date of this Deed the Parties agree that the Service Agreement is varied so that:

  • Amendments to Servicing Agreements, Modification of Standard Provisions (a) Subject to the prior written consent of the Trustee pursuant to Section 3.07(b), the Master Servicer from time to time may, to the extent permitted by the applicable Servicing Agreement, make such modifications and amendments to such Servicing Agreement as the Master Servicer deems necessary or appropriate to confirm or carry out more fully the intent and purpose of such Servicing Agreement and the duties, responsibilities and obligations to be performed by the Servicer thereunder. Such modifications may only be made if they are consistent with the REMIC Provisions, as evidenced by an Opinion of Counsel. Prior to the issuance of any modification or amendment, the Master Servicer shall deliver to the Trustee such Opinion of Counsel and an Officer's Certificate setting forth (i) the provision that is to be modified or amended, (ii) the modification or amendment that the Master Servicer desires to issue and (iii) the reason or reasons for such proposed amendment or modification.

  • Compensation Program Amendments Each of the Company’s compensation, bonus, incentive and other benefit plans, arrangements and agreements (including golden parachute, severance and employment agreements) (collectively, “Benefit Plans”) with respect to you is hereby amended to the extent necessary to give effect to provisions (1) and (2). For reference, certain affected Benefit Plans are set forth in Appendix A to this letter. In addition, the Company is required to review its Benefit Plans to ensure that they do not encourage senior executive officers to take unnecessary and excessive risks that threaten the value of the Company. To the extent any such review requires revisions to any Benefit Plan with respect to you, you and the Company agree to negotiate such changes promptly and in good faith.

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