Common use of Unilateral Amendment Clause in Contracts

Unilateral Amendment. The Shareholder expressly consents and agrees with the Company that the Company may effect a unilateral amendment to the vesting schedule set out in Section 2 in the event that the CSE requires such an amendment in order to approve the Company’s common shares for listing, and in order for such amendment to take effect, the Company shall deliver or cause to be delivered to the Shareholder at its address set out on the cover page of this Agreement a notice of amendment setting out the replacement vesting schedule, with no further action necessary or required on the part of the Shareholder in order for such amendment to take effect as of the date specified by the Company in the notice of amendment.

Appears in 16 contracts

Samples: Stock Restriction Agreement (VirtualArmour International Inc.), Stock Restriction Agreement (VirtualArmour International Inc.), Stock Restriction Agreement

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Unilateral Amendment. The Shareholder expressly consents and agrees with the Company that the Company may effect a unilateral amendment to the vesting schedule set out in Section 2 in the event that the CSE Exchange requires such an amendment in order to approve the Company’s common shares for listing, and in order for such amendment to take effect, the Company shall deliver or cause to be delivered to the Shareholder at its address set out on the cover page of this Agreement a notice of amendment setting out the replacement vesting schedule, with no further action necessary or required on the part of the Shareholder in order for such amendment to take effect as of the date specified by the Company in the notice of amendment.

Appears in 4 contracts

Samples: Share Exchange Agreement, Stock Restriction Agreement, Stock Restriction Agreement

Unilateral Amendment. The Shareholder expressly consents and agrees with the Company that the Company may effect a unilateral amendment to the vesting schedule set out in Section 2 in the event that the CSE Exchange requires such an amendment in order to approve the Company’s Companies’ common shares for listing, and in order for such amendment to take effect, the Company shall deliver or cause to be delivered to the Shareholder at its address set out on the cover page of this Agreement a notice of amendment setting out the replacement vesting schedule, with no further action necessary or required on the part of the Shareholder in order for such amendment to take effect as of the date specified by the Company in the notice of amendment.

Appears in 2 contracts

Samples: Share Exchange Agreement, Share Exchange Agreement

Unilateral Amendment. The Shareholder expressly consents and agrees with the Company that the Company may effect a unilateral amendment to the vesting schedule set out in Section 2 in the event that the CSE Exchange requires such an amendment in order to approve the Company’s 's common shares for listing, and in order for such amendment to take effect, the Company shall deliver or cause to be - 3 - delivered to the Shareholder at its address set out on the cover page of this Agreement a notice of amendment setting out the replacement vesting schedule, with no further action necessary or required on the part of the Shareholder in order for such amendment to take effect as of the date specified by the Company in the notice of amendment.

Appears in 1 contract

Samples: Stock Restriction Agreement (True Leaf Medicine International Ltd.)

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Unilateral Amendment. The Shareholder expressly consents and agrees with the Company that the Company may effect a unilateral amendment to the vesting schedule set out in Section 2 in the event that the CSE Exchange requires such an amendment in order to approve the Company’s 's common shares for listing, and in order for such amendment to take effect, the Company shall deliver or cause to be delivered to the Shareholder at its address set out on the cover page of this Agreement a notice of amendment setting out the replacement vesting schedule, with no further action necessary or required on the part of the Shareholder in order for such amendment to take effect as of the date specified by the Company in the notice of amendment.

Appears in 1 contract

Samples: Stock Restriction Agreement (True Leaf Medicine International Ltd.)

Unilateral Amendment. The Shareholder expressly consents and agrees with the Company that the Company may effect a unilateral amendment to the vesting schedule set out in Section 2 in the event that the CSE CNSX requires such an amendment in order to approve the Company’s common shares for listing, and in order for such amendment to take effect, the Company shall deliver or cause to be delivered to the Shareholder at its address set out on the cover page of this Agreement a notice of amendment setting out the replacement vesting schedule, with no further action necessary or required on the part of the Shareholder in order for such amendment to take effect as of the date specified by the Company in the notice of amendment.

Appears in 1 contract

Samples: Stock Restriction Agreement

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