Common use of Contents of Agreement; Amendment and Assignment Clause in Contracts

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board and executed on the Company's behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to the Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 22 contracts

Samples: Severance and Non Competition Agreement (Maritrans Inc /De/), Severance and Non Competition Agreement (Maritrans Inc /De/), Severance and Non Competition Agreement (Maritrans Inc /De/)

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Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and the Company and only if approved by the Board and executed on the Company's behalf by a duly authorized officerBoard. The provisions of this Agreement may provide for payments to the Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the BoardCompany.

Appears in 12 contracts

Samples: Agreement (York Water Co), Agreement (York Water Co), Agreement (York Water Co)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board and executed on the Company's ’s behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to the Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 7 contracts

Samples: Severance and Non Competition Agreement (Maritrans Inc /De/), Severance and Non Competition Agreement (Maritrans Inc /De/), Severance and Non Competition Agreement (Maritrans Inc /De/)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties Parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board Executive and executed on the Company's ’s behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to the Employee Executive under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties Parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 6 contracts

Samples: Executive Change in Control Agreement (Eurand N.V.), Change in Control Agreement (Eurand N.V.), Change in Control Agreement (Eurand N.V.)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties Parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board Executive and executed on the Company's behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to the Employee Executive under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties Parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 3 contracts

Samples: Severance and Change in Control Agreement (Internet Capital Group Inc), Severance Agreement (Cephalon Inc), Executive Severance Agreement (Cephalon Inc)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties Parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board Executive and executed on the Company's ’s behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to the Employee Executive under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties Parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 3 contracts

Samples: Executive Severance Agreement (Cephalon Inc), Executive Severance Agreement (Cephalon Inc), Cephalon Inc

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee Employee, BPL, BGH and approved by the Board and executed on the Company's behalf by a duly authorized officerBPLSC. The provisions of this Agreement may provide for payments to the Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company BPL, BGH or BPLSC or the Board.

Appears in 2 contracts

Samples: Severance Agreement (Buckeye GP Holdings L.P.), Severance Agreement (Buckeye Partners L P)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee Employee, BPL and approved by the Board and executed on the Company's behalf by a duly authorized officerBPLSC. The provisions of this Agreement may provide for payments to the Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company BPL or BPLSC or the Board.

Appears in 2 contracts

Samples: Severance Agreement (Buckeye Partners L P), Severance Agreement (Buckeye Partners, L.P.)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board and executed on Chairman of the Company's behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to require a variance from the Employee under terms and conditions of certain compensation or bonus plans under circumstances where such plans would not provide for payment thereofthereof in order to obtain the maximum benefits for the Employee. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 2 contracts

Samples: Amended Agreement (Ugi Utilities Inc), Change of Control Agreement (Ugi Utilities Inc)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee Employee, BPL and approved by the Board and executed on the Company's behalf by a duly authorized officerBPLSC. The provisions of this Agreement may provide for payments to the Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company BPL or BPLSC or the Board. Any equity awards held by Employee shall be governed by the terms of the equity plan and the award agreement pursuant to which they were granted.

Appears in 1 contract

Samples: Severance Agreement (Buckeye Partners, L.P.)

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Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board and executed on the Company's behalf by a duly authorized officerChair of the Executive Committee. The provisions of this Agreement may provide for payments to require a variance from the Employee under terms and conditions of certain compensation or bonus plans under circumstances where such plans would not provide for payment thereofthereof in order to obtain the maximum benefits for the Employee. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 1 contract

Samples: Amended Agreement (Ugi Corp /Pa/)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board and executed on the Company's behalf by a duly authorized officerChief Executive Officer. The provisions of this Agreement may provide for payments to require a variance from the Employee under terms and conditions of certain compensation or bonus plans under circumstances where such plans would not provide for payment thereofthereof in order to obtain the maximum benefits for the Employee. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 1 contract

Samples: Amended Agreement (Ugi Corp /Pa/)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board Managers and executed on the Company's ’s behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to the Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the BoardManagers.

Appears in 1 contract

Samples: Severance Agreement (Buckeye GP Holdings L.P.)

Contents of Agreement; Amendment and Assignment. (a) 17.1 This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by the Employee and approved by the Board and executed on the Company's behalf by a duly authorized officerthe Chairman of the Compensation Committee of the Board. The provisions of this Agreement may provide for payments to the Employee under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 1 contract

Samples: Group 2 Agreement (Peco Energy Co)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes and Schedule A hereto supersede all prior agreementsagreements and, sets together with the Confidentiality Agreement, set forth the entire understanding between the parties hereto with respect to the subject matter hereof (but not as to any bonus, compensation, retirement or other plans of the Company) and cannot be changed, modified, extended modified or terminated amended except upon written amendment executed by the Employee and approved by the Board and executed on the Company's behalf by a duly authorized officer. The provisions of this Agreement may provide for payments to the Employee under certain compensation compensation, retirement or bonus plans (including without limitation the Stock Plan, LRIP and MIP) under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the Board.

Appears in 1 contract

Samples: Executive Severance Agreement (Precision Castparts Corp)

Contents of Agreement; Amendment and Assignment. (a) This Agreement supersedes all prior agreements, sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment executed by Xxxxxx and the Employee Company and only if approved by the Board and executed on the Company's behalf by a duly authorized officerBoard. The provisions of this Agreement may provide for payments to the Employee Xxxxxx under certain compensation or bonus plans under circumstances where such plans would not provide for payment thereof. It is the specific intention of the parties that the provisions of this Agreement shall supersede any provisions to the contrary in such plans, and such plans shall be deemed to have been amended to correspond with this Agreement without further action by the Company or the BoardCompany.

Appears in 1 contract

Samples: Severance Agreement (Buckeye Partners L P)

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