Termination or Amendment. Subject to the terms and conditions of the Plan, the Board may terminate or amend the Plan and/or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the Employee.
Appears in 7 contracts
Sources: Employee Non Qualified Stock Option Agreement (Zoran Corp \De\), Employment Agreement (Smartdisk Corp), Employment Agreement (Smartdisk Corp)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof thereof without the consent of the EmployeeOptionee, unless such termination or amendment is necessary to comply with any applicable law or government regulation or is required to enable the Option to qualify as an Incentive Stock Option. No amendment or addition to this Option Agreement shall be effective unless in writing.
Appears in 6 contracts
Sources: Incentive Stock Option Agreement (Sgi International), Incentive Stock Option Agreement (Sgi International), Incentive Stock Option Agreement (Sgi International)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the EmployeeGrantee.
Appears in 4 contracts
Sources: Employee Stock Option Agreement (Aflac Inc), Employee Stock Option Agreement (Aflac Inc), Employee Stock Option Agreement (Aflac Inc)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the EmployeeOptionee unless such termination or amendment is necessary to comply with any applicable law or government regulation. No amendment or addition to this Agreement shall be effective unless in writing.
Appears in 3 contracts
Sources: Security Agreement (Allegro Biodiesel Corp), Security Agreement (Allegro Biodiesel Corp), Security Agreement (Allegro Biodiesel Corp)
Termination or Amendment. Subject to the terms and conditions of the Plan, the Board may terminate or amend the Plan and/or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the EmployeeEmployee unless such amendment is required to enable the Option to qualify as an Incentive Stock Option.
Appears in 3 contracts
Sources: Employment Agreement (Smartdisk Corp), Director Non Qualified Stock Option Agreement (Portola Packaging Inc), Employment Agreement (Smartdisk Corp)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may amend, alter or terminate or amend the this Plan and/or the Option in any respect at any time; provided, however, that that, no amendment, alteration or termination of this Plan shall be made by the Board without approval of each affected Optionee and Grantee if such amendment, alteration or termination or amendment may would adversely affect his or her rights or obligations under any Award made prior to the Option date of such amendment, alteration or any unexercised portion hereof without the consent of the Employeetermination.
Appears in 2 contracts
Sources: 2001 Non Officer Long Term Incentive Plan (Talk America), 2001 Non Officer Long Term Incentive Plan (Talk America)
Termination or Amendment. Subject to the terms and conditions of the Plan, the Board may terminate or amend the Plan and/or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the Employee.
Appears in 2 contracts
Sources: Employee Non Qualified Stock Option Agreement (Oak Technology Inc), Employee Non Qualified Stock Option Agreement (Oak Technology Inc)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the EmployeeOptionee unless such termination or amendment is necessary to comply with any applicable law, regulation or rule. No amendment or addition to this Option Agreement shall be effective unless in writing.
Appears in 2 contracts
Sources: Nonstatutory Stock Option Agreement (Power Integrations Inc), Nonstatutory Stock Option Agreement (Power Integrations Inc)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or the and may amend this Option at any time; , provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the Employee.amendment
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Qk Healthcare Inc), Non Qualified Stock Option Agreement (Qk Healthcare Inc)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the EmployeeGrantee unless such amendment is required to enable the Option to continue qualification as an ISO.
Appears in 1 contract
Termination or Amendment. Subject to the terms and conditions of the Plan, the Board may terminate or amend the Plan and/or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the EmployeeOptionee.
Appears in 1 contract
Sources: Director Non Qualified Stock Option Agreement (Portola Packaging Inc)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or or the Option Right at any time; provided, however, that no such termination or amendment may adversely affect the Option Right or any unexercised portion hereof without the consent of the EmployeeOptionee unless such termination or amendment is necessary to comply with any applicable law or government regulation. No amendment or addition to this Option Agreement shall be effective unless in writing.
Appears in 1 contract
Sources: Stock Option Agreement (Actions Semiconductor Co., Ltd.)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or the Option at any time; , provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the EmployeeOptionee. No amendment or addition to this Option Agreement shall be effective unless in writing and signed by both parties.
Appears in 1 contract
Sources: Nonqualified Stock Option Agreement (Home Shopping Network Inc)
Termination or Amendment. Subject to the terms and conditions of the Plan, the The Board may terminate or amend the Plan and/or (subject to the provisions of the Plan) and may amend this Option at any time; , provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof thereof without the consent of the EmployeeOptionee.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Andlinger Capital Xiii LLC)
Termination or Amendment. Subject to the terms and conditions of the Plan, the Board may terminate or amend the Plan and/or the Option at any time; provided, however, that no such termination or amendment may adversely affect the Option or any unexercised portion hereof without the consent of the EmployeeDirector.
Appears in 1 contract
Sources: Outside Director Non Qualified Stock Option Agreement (Zoran Corp \De\)