Common use of Modification, Amendment and Cancellation Clause in Contracts

Modification, Amendment and Cancellation. The Committee or Board of Directors of the Company shall have the right unilaterally to modify, amend or cancel this Award in accordance with the terms of the Plan. This Award shall be subject to adjustment for changes in the Company's capitalization as provided in the Plan.

Appears in 6 contracts

Samples: Performance Vested Stock Unit (Stock Yards Bancorp, Inc.), Performance Vested Stock Unit (Stock Yards Bancorp, Inc.), Stock Yards (Stock Yards Bancorp, Inc.)

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Modification, Amendment and Cancellation. The Committee or Board of Directors of the Company shall have the right unilaterally to modify, amend or cancel this Award in accordance with the terms of the Plan. This Award shall be subject to adjustment for changes in the Company's capitalization as provided in the Plan.

Appears in 2 contracts

Samples: Restricted Stock Unit (S Y Bancorp Inc), Grant Agreement (S Y Bancorp Inc)

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