Common use of Termination of Plan Clause in Contracts

Termination of Plan. The Board may suspend or terminate the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding Award or change the terms and conditions thereof without the Participant's consent.

Appears in 8 contracts

Samples: Cognizant Technology Solutions Corp, Cognizant Technology Solutions Corp, Cognizant Technology Solutions Corp

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Termination of Plan. The Board may suspend or terminate the Plan at any time with or without prior notice; providedPROVIDED, howeverHOWEVER, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding Award or change the terms and conditions thereof without the Participant's consent.

Appears in 1 contract

Samples: Intek Global Corp

Termination of Plan. The Board or the Committee may suspend or terminate the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding Award or adversely change the terms and conditions thereof without the Participant's ’s consent.

Appears in 1 contract

Samples: Opko Health, Inc.

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Termination of Plan. The Board or the Committee may suspend or terminate the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding Award or adversely change the terms and conditions thereof without the Participant's consent.

Appears in 1 contract

Samples: Cardo Medical, Inc.

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