Common use of Right to Amend or Terminate the Plan Clause in Contracts

Right to Amend or Terminate the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any Option granted before amendment of the Plan shall not be materially altered, or impaired adversely, by such amendment, except with consent of the person to whom the Option was granted. An amendment of the Plan shall be subject to the approval of the Company's stockholders only to the extent required by applicable laws, regulations or rules.

Appears in 3 contracts

Samples: Broadcom Corp, Broadcom Corp, Broadcom Corp

AutoNDA by SimpleDocs

Right to Amend or Terminate the Plan. The Board of Directors may amend or terminate the Plan at any time and from time to time. Rights and obligations under any Option Award granted before amendment of the Plan shall not be materially altered, or impaired adversely, by such amendment, except with consent of the person to whom the Option was grantedParticipant. An amendment of the Plan shall be subject to the approval of the Company's ’s stockholders only to the extent required by applicable laws, regulations or rules.

Appears in 2 contracts

Samples: Stock Unit Agreement (Financial Engines, Inc.), 2009 Stock Incentive Plan (Financial Engines, Inc.)

AutoNDA by SimpleDocs

Right to Amend or Terminate the Plan. The Board of Directors may amend the Plan at any time and from time to time. Rights and obligations under any right or Option granted before amendment of the Plan shall not be materially altered, or impaired adversely, by such amendment, except with consent of the person to whom the right or Option was granted. An amendment of the Plan shall be subject to the approval of the Company's ’s stockholders only to the extent required by applicable laws, regulations or rulesrules including the rules of any applicable exchange.

Appears in 1 contract

Samples: 1999 Stock Incentive Plan (Iomai Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.