Common use of Effect of Amendment or Termination Clause in Contracts

Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan shall not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination.

Appears in 7 contracts

Samples: Award Agreement (3com Corp), Award Agreement (3com Corp), Award Agreement (3com Corp)

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Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall will materially impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan shall will not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination.

Appears in 6 contracts

Samples: Business Combination Agreement (Tailwind Acquisition Corp.), Agreement and Plan of Merger and Reorganization (Flexible Solutions International Inc), Investment Agreement (Easterly Acquisition Corp.)

Effect of Amendment or Termination. No Subject to Section 14.15 of the Plan, no amendment, alteration, suspension or termination of the Plan shall will impair the rights of any Participant, unless mutually agreed otherwise upon between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the CompanyCorporation. Termination of the Plan shall will not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination.

Appears in 5 contracts

Samples: 2007 Stock Option Plan (Simulations Plus Inc), Amended And (Akorn Inc), Akorn Inc

Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the this Plan shall will materially impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the this Plan shall will not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the this Plan prior to the date of such termination.

Appears in 4 contracts

Samples: Business Combination Agreement (Brookline Capital Acquisition Corp.), Project Barolo Merger (Apexigen, Inc.), Business Combination Agreement (Apexigen, Inc.)

Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any ParticipantOptionee, unless mutually agreed otherwise between the Participant Optionee and the Administrator, which agreement must be in writing and signed by the Participant Optionee and the Company. Termination of the Plan shall not affect the Administrator’s 's ability to exercise the powers granted to it hereunder with respect to Awards options granted under the Plan prior to the date of such termination.

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement, Stock Option Agreement (Novellus Systems Inc)

Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the AdministratorCommittee, which agreement must be in writing and signed by the Participant and the Company. Any favorable amendments or alterations are automatically deemed to be approved by Participant. Termination of the Plan shall will not affect the AdministratorCommittee’s ability to exercise the powers granted to it hereunder with respect to Awards Options granted under the Plan prior to the date of such termination.

Appears in 3 contracts

Samples: Award Agreement (Polycom Inc), Award Agreement (Polycom Inc), Award Agreement (Polycom Inc)

Effect of Amendment or Termination. No amendment, alteration, suspension suspension, or termination of the Plan shall will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan shall will not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination.

Appears in 2 contracts

Samples: Employment Agreement (Rackspace Hosting, Inc.), Aldila Inc

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Effect of Amendment or Termination. No amendment, alterationsuspension, suspension or termination of the Plan shall materially impair the rights of any ParticipantAward, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan shall not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to before the date of such termination.

Appears in 2 contracts

Samples: Volitionrx Limited Employment Agreement (Volitionrx LTD), Heads of Agreement Agreement (Volitionrx LTD)

Effect of Amendment or Termination. No Subject to Section 14.15 of the Plan, no amendment, alteration, suspension or termination of the Plan shall will impair the rights of any Participant, unless mutually agreed otherwise upon between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the CompanyCorporation. Termination of the Plan shall will not affect the Administrator’s 's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination.

Appears in 1 contract

Samples: Akorn Inc

Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan shall will not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Telenav, Inc.)

Effect of Amendment or Termination. No amendment, alteration, suspension suspension, or termination of the Plan shall will materially impair the rights of any ParticipantParticipant with respect to outstanding Awards, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan shall will not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination.

Appears in 1 contract

Samples: Business Combination Agreement (Acri Capital Acquisition Corp)

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