Common use of Modification of Agreement Clause in Contracts

Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the Corporation, provided that no modification may, without the consent of the Participant, adversely affect the rights of the Participant hereunder.

Appears in 33 contracts

Samples: Corporation Restricted Stock Award Agreement (Marathon Petroleum Corp), Performance Unit Award Agreement (Marathon Oil Corp), Award Agreement (MPLX Lp)

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Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the CorporationCompany, provided that no modification may, without the consent of the Participant, adversely affect the rights of the Participant hereunder.

Appears in 33 contracts

Samples: Restricted Stock Unit Award Agreement (Marathon Petroleum Corp), Phantom Unit Award Agreement (Marathon Petroleum Corp), 2012 Incentive Compensation Plan (MPLX Lp)

Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the Corporation, provided that no modification may, without the consent of the ParticipantOptionee, adversely affect the rights of the Participant Optionee hereunder.

Appears in 16 contracts

Samples: Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp), Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp)

Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the Corporation, provided that no modification may, without the consent of the Participant, adversely affect the rights of the Participant hereunderParticipant.

Appears in 14 contracts

Samples: Restricted Stock Award Agreement (Marathon Petroleum Corp), Restricted Stock Award Agreement (Marathon Oil Corp), Restricted Stock Award Agreement (Marathon Petroleum Corp)

Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative resolution of the CorporationBoard of the Company, provided that no modification may, without the consent of the Participant, adversely affect the rights of the Participant hereunder.

Appears in 2 contracts

Samples: Award Agreement (Marathon Petroleum Corp), MPLX MPC Officer Phu (MPLX Lp)

Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the Corporation, provided that provided, that, except as permitted under of Paragraph 7, no modification may, without the consent of the Participant, adversely affect the rights of the Participant hereunder.

Appears in 2 contracts

Samples: Award Agreement (Marathon Petroleum Corp), Performance Unit Award Agreement (Marathon Petroleum Corp)

Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the Corporation, provided that no modification may, without the consent of the Participant, adversely affect the rights of the Participant hereunder.under this Award Agreement. Without the consent of the Participant, this Award Agreement may be amended or supplemented (i) to cure any ambiguity or to correct or supplement any provision herein which

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Marathon Oil Corp), Performance Unit Award Agreement (Marathon Oil Corp)

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Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the Corporation, provided that no modification may, without the consent of the Participant, materially adversely affect the rights of the Participant hereunderParticipant.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Marathon Oil Corp), Restricted Stock Award Agreement (Marathon Oil Corp)

Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the Corporation, provided that no modification may, without the consent of the ParticipantGrantee, adversely affect the rights of the Participant Grantee hereunder.. (Signature of Authorized Officer)

Appears in 1 contract

Samples: Appreciation Right Award Agreement (Marathon Oil Corp)

Modification of Agreement. Any modification of this Award Agreement shall be binding only if evidenced in writing and signed by an authorized representative of the Corporation, provided that no modification may, without the consent of the ParticipantOptionee, adversely affect the rights of the Participant Optionee hereunder.. Without the consent of the Optionee, this Award Agreement may be amended or supplemented

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Marathon Oil Corp)

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