Amendments to Awards. The Committee may waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate, any Award theretofore granted, prospectively or retroactively; provided that any such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that would impair the rights of any Participant or any holder or beneficiary of any Award theretofore granted shall not to that extent be effective without the consent of the affected Participant, holder or beneficiary.
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Samples: Stock Option Agreement (Dominion Homes Inc), Restricted Stock Agreement (Dominion Homes Inc), Pathnet Telecommunications Inc
Amendments to Awards. The Committee may waive any conditions of or rights underof the Company under any outstanding Award, amend any terms ofprospectively or retroactively. The Committee may not amend, or alter, suspend, discontinue, cancel discontinue or terminate, terminate any Award theretofore grantedoutstanding Award, prospectively or retroactively; provided that any such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that would impair the rights of any Participant or any holder or beneficiary of any Award theretofore granted shall not to that extent be effective without the consent of the affected Participant, Participant or holder or beneficiarybeneficiary thereof, except as otherwise herein provided.
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Amendments to Awards. The Unless otherwise provided in the Award Agreement, the Committee may waive any conditions or rights under, amend any terms of, or amend, alter, suspend, discontinue, cancel or terminate, any Award theretofore granted, prospectively or retroactively; provided that any such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that would impair without the rights consent of any relevant Participant or any holder or beneficiary of any Award theretofore granted shall not to that extent be effective without the consent of the affected Participant, holder or beneficiaryan Award.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Advanced Lighting Technologies Inc), Stock Purchase Agreement (Advanced Lighting Technologies Inc)
Amendments to Awards. The Committee may waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel cancel, or terminate, any Award theretofore granted, prospectively or retroactively; provided that any such waiver, amendment, alteration, suspension, discontinuance, cancellation cancellation, or termination that would impair the rights of any Participant or any holder or beneficiary of any Award theretofore previously granted shall not to that extent be effective as to such Participant without the written consent of the affected Participant, holder or beneficiary.
Appears in 1 contract
Amendments to Awards. The Committee may waive any conditions or rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate, alter any Award theretofore granted, prospectively or retroactively; provided that any such waiverno change, amendmentother than pursuant to paragraph (c) below, alteration, suspension, discontinuance, cancellation or termination that would impair the rights of any Participant or any holder or beneficiary of in any Award theretofore granted shall not materially reduce the benefit to that extent be effective a Participant without the consent of the affected such Participant, holder or beneficiary.
Appears in 1 contract
Samples: Operating Agreement (Bluefly Inc)
Amendments to Awards. The Committee may waive any conditions of or rights underof the Company under any outstanding Award, amend any terms ofprospectively or retroactively. Except as otherwise provided herein or in an Award Agreement, or the Committee may not amend, alter, suspend, discontinue, cancel discontinue or terminate, terminate any Award theretofore grantedoutstanding Award, prospectively or retroactively; provided that any , if such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination that action would impair adversely affect the rights of any Participant or any the holder or beneficiary of any Award theretofore granted shall not to that extent be effective such Award, without the consent of the affected Participant, Participant or holder or beneficiarybeneficiary thereof.
Appears in 1 contract
Samples: Cronos Group Inc.