MODIFICATION OF OPTION. At any time and from time to time the Committee may modify, extend or renew this Option, provided that no such modification, extension or renewal shall impair in any respect the benefit of the Option to the Optionee without the consent of the Optionee.
Appears in 6 contracts
Samples: Stock Option Agreement (Diamondcluster International Inc), Stock Option Agreement (Diamondcluster International Inc), Partner Stock Option Agreement (Diamondcluster International Inc)
MODIFICATION OF OPTION. At any time and from time to time time-to-time, the Committee may modifyexecute an instrument providing for modification, extend extension or renew renewal of this Option, provided that no such modification, extension or renewal shall may (i) impair this Option holder’s rights in any respect the benefit of the Option to the Optionee without the written consent of the Optioneeholder or (ii) conflict with the provisions of Rule 16b-3 under the Exchange Act.
Appears in 2 contracts
Samples: Outside Director Stock Option Agreement (Zix Corp), Employee Stock Option Agreement (Zix Corp)
