Termination, Modification and Amendment Sample Clauses
Termination, Modification and Amendment. This Guaranty may be terminated as to a Guarantor by written notice to CompuDyne, effective no earlier than the effective date of expiration or earlier termination of the Agreement. Such expiration or earlier termination will not affect the liability of such Guarantor for any Obligations created, incurred, or arising in any manner prior to the effective date of such termination, or to indemnification or other obligations which survive termination. This Guaranty cannot be waived, abandoned, released, amended, or modified in any way (other than a termination as set forth above), except by a specific written instrument signed by CompuDyne. This Guaranty shall not be deemed terminated, voided or waived if the Agreement is amended by the parties, and each Guarantor will be responsible for its Pro-Rata Percentage in the obligations of Purchaser under the amended Agreement.
Termination, Modification and Amendment. Upon the termination of any Investment Advisory Agreement with respect to a Fund, this Agreement shall automatically terminate with respect to that Fund. The Adviser shall be entitled to terminate the Expense Limitation, or to modify the Expense Limitation in a manner less favorable to a Fund, with respect to any Subsequent Period if, but only if:
(a) the Adviser affirmatively elects to terminate or so modify the Expense Limitation with respect to such Subsequent Period in a writing delivered to the Board of Trustees by the preceding October 31;
(b) the termination or modification shall take effect no earlier than the succeeding May 1; and
(c) the Fund’s prospectus and SAI reflecting financial statements for the fiscal year ending on the intervening December 31 have been updated to reflect such termination or modification. The election by the Adviser referred to in the preceding sentence to terminate or modify this Agreement shall not be subject to the approval of shareholders of the Fund or the Board of Trustees of the Trust.
Termination, Modification and Amendment. (a) The Plan (but not Options or SARs previously granted under the Plan) shall terminate on February 9, 2009, which is within ten (10) years from the date of its adoption by the Board of Directors of the Company, or sooner as hereinafter provided, and no Option shall be granted after termination of the Plan.
(b) The Plan may from time to time be terminated, modified, or amended if Stockholder Approval of the termination, modification or amendment is obtained.
(c) In addition, the Board of Directors may at any time, on or before the termination date referred to in Section 17(a) hereof, terminate the Plan, or from time to time make such modifications or amendments to the Plan as it may deem advisable; provided, however, that the Board of Directors shall not, without Stockholder Approval, increase (except as otherwise provided by Section 14 hereof) the maximum number of shares as to which Options may be granted hereunder, change the designation of individuals or entities eligible to receive Options, make any other change which would prevent any Incentive Stock Option granted hereunder which is intended to be an “incentive stock option” from qualifying as such under the then existing provisions of the Code or any law amendatory thereof or supplemental thereto, or adopt any modification or amendment which, pursuant to the applicable law, requires Stockholder Approval.
(d) No termination, modification, or amendment of the Plan may, without the consent of the individual or entity to whom any Option shall have been granted, adversely affect the rights conferred by such Option.
Termination, Modification and Amendment. Upon the termination of any Investment Advisory Agreement, this Agreement shall automatically terminate with respect to that Fund. The Adviser agrees that the Expense Limitation shall not be modified or terminated during the Initial Term. The Adviser shall be entitled to modify or terminate the Expense Limitation with respect to any fiscal year that commences subsequent to the date this Agreement is executed if, but only if, the Adviser affirmatively elects to modify or terminate the Expense Limitation with respect to such subsequent fiscal year and such election is made prior to both the commencement of the next Subsequent Term and the effective date of the Fund's post-effective amendment to its Registration Statement on Form N-1A filed for the purposes of incorporating the Fund's audited financial statements relating to the prior fiscal year; and provided that this Agreement shall remain in effect at all times until the Fund's then current prospectus is amended or supplemented to reflect the termination or modification of this Agreement. The election by the Adviser referred to in the preceding sentence to terminate or modify this Agreement shall be made in a writing delivered to the Board of Trustees prior to such termination of modification, but shall not be subject to the approval of the Fund or the Board of Trustees of the Trust.
Termination, Modification and Amendment. The Board at any time may terminate the Plan, and from time to time may amend or modify the Plan; provided, however, that any amendment which would (i) increase the number of shares available for issuance under the Plan, (ii) lower the minimum exercise price at which an Option may be granted or (iii) extend the maximum term for Options granted hereunder shall be subject to the approval of the Company's shareholders and no amendment made prior to the fifth anniversary of the Initial Public Offering shall be or become effective without the consent of the New York Superintendent of Insurance. No amendment, modification, or termination of the Plan shall in any manner adversely affect any Option theretofore granted under the Plan, without the consent of the Participant.
Termination, Modification and Amendment. 15 6.1 Termination . . . . . . . . . . . . . . 15 6.2
Termination, Modification and Amendment. This Agreement shall not be altered or amended, except in writing, signed by all parties hereto, or such parties authorized agents. The Company shall not be entitled to terminate this Agreement prior to the expiration of its term.
Termination, Modification and Amendment