Common use of Modification, Extension and Renewal of Options Clause in Contracts

Modification, Extension and Renewal of Options. Within the limitations of the Plan, the Committee may, in its discretion, modify, extend or renew any outstanding Option or accept the cancellation of outstanding Options for the granting of a new Option in substitution therefore. Notwithstanding the preceding sentence, no modification of an Option shall:

Modification, Extension and Renewal of Options. Within Subject to the terms and conditions and within the limitations of the Plan, the Committee may, in its discretion, may modify, extend or renew any outstanding Option options granted under the Plan, or accept the cancellation surrender of outstanding Options for options (to the extent not theretofore exercised) and authorize the granting of a new Option options in substitution therefore. Notwithstanding therefore (to the preceding sentence, no modification of an Option shall:extent not theretofore exercised).

Modification, Extension and Renewal of Options. Within the limitations of the Plan, the Committee may, in its discretion, may modify, extend or renew any outstanding Option Options or may accept the cancellation of outstanding Options (to the extent not previously exercised) in return for the granting grant of new Options at the same or a new Option in substitution thereforedifferent price. Notwithstanding the preceding sentenceThe foregoing notwithstanding, no modification of an Option shall:, without the consent of the Optionee, impair such Optionee's rights or increase his or her obligations under such Option.

Modification, Extension and Renewal of Options. Within the limitations of the Plan, the Committee may, in its discretion, may modify, extend or renew any outstanding Option Options or may accept the cancellation of outstanding Options (to the extent not previously exercised) in return for the granting grant of new Options at the same or a new Option in substitution thereforedifferent price. Notwithstanding the preceding sentenceThe foregoing notwithstanding, no modification of an Option shall:, without the consent of the Optionee, impair such Optionee’s rights or increase his or her obligations under such Option.

Modification, Extension and Renewal of Options. Within Subject to the limitations terms and conditions of the Plan, the Committee may, in its discretion, may modify, extend or renew any outstanding Option options granted under the Plan, or accept the cancellation surrender of outstanding Options for options (to the extent not exercised) and authorize the granting of a new Option options in substitution therefore. Notwithstanding the preceding sentence, no modification of an Option shall:therefor.