Common use of Amendment and Termination of the Plan Clause in Contracts

Amendment and Termination of the Plan. The Board may, from time to time, alter, amend, suspend or terminate the Plan as it shall deem advisable, subject to any requirement for stockholder approval imposed by applicable law, including Section 162(m) of the Code or by the rules and regulations of the New York Stock Exchange.

Amendment and Termination of the Plan. (a) The Board may, from time to time, alterin its sole discretion, amend, suspend or terminate the Plan as it shall deem advisableat any time and from time to time. To the extent necessary to comply with Section 423 of the Code (or any successor rule or provision), subject with respect to the Section 423 Component, or any requirement for stockholder approval imposed by other applicable law, including regulation or stock exchange rule, the Company shall obtain stockholder approval of any such amendment to the Plan in such a manner and to such a degree as required by Section 162(m) 423 of the Code or by the rules and regulations of the New York Stock Exchangesuch other law, regulation or rule.