Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any Recipient, unless mutually agreed otherwise between the Recipient and the Committee, which agreement must be in writing and signed by the Recipient and the Company.
Appears in 4 contracts
Samples: Danielson Holding Corp, Covanta Energy Corp, Danielson Holding Corp
Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any RecipientParticipant, unless mutually agreed otherwise between the Recipient Participant and the Committee, which agreement must be in writing and signed by the Recipient Participant and the Company.
Appears in 1 contract
Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan shall impair the rights of any RecipientRecipient (except such an amendment made to comply with applicable law, including without limitation, Section 409A of the Code, stock exchange rules or accounting rules), unless mutually agreed otherwise between the Recipient and the Committee, which agreement must be in writing and signed by the Recipient and the Company.
Appears in 1 contract
