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

Amendment and Termination of the Plan. The Board may, at any time and from time to time, amend, suspend, or terminate the Plan as to any shares of Stock as to which Grants have not been made. An amendment to the Plan shall be contingent on approval of the Company’s stockholders only to the extent required by applicable law, regulations or rules. No Grants shall be made after the termination of the Plan. No amendment, suspension, or termination of the Plan shall, without the consent of the Grantee, alter or impair rights or obligations under any Grant theretofore awarded under the Plan.

Appears in 3 contracts

Samples: Stock Incentive Plan (First Western Financial Inc), 2004 Stock Incentive Plan (MAKO Surgical Corp.), 2004 Stock Incentive Plan (MAKO Surgical Corp.)

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Amendment and Termination of the Plan. The Board may, at any time and from time to time, amend, suspend, or terminate the Plan as to any shares of Stock as to which Grants have not been made. An amendment to the Plan shall be contingent on approval of the CompanyCorporation’s stockholders only to the extent required by applicable law, regulations or rules. No Grants shall be made after the termination of the Plan. No amendment, suspension, or termination of the Plan shall, without the consent of the GranteeOptionee, alter or impair rights or obligations under any Grant theretofore awarded under the Plan.

Appears in 2 contracts

Samples: Globeimmune Inc, Globeimmune Inc

Amendment and Termination of the Plan. The Board may, at any time and from time to time, amend, suspend, or terminate the Plan as to any shares of or Stock as to which Grants have not been made. An amendment to the Plan shall be contingent on approval of the Company’s stockholders only to the extent required by applicable law, regulations or rules. No Grants shall be made after the termination of the Plan. No amendment, suspension, or termination of the Plan shall, without the consent of the Grantee, alter or impair rights or obligations under any Grant theretofore awarded under the Plan.

Appears in 1 contract

Samples: 2006 Stock Incentive Plan (Rosetta Stone Inc)

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Amendment and Termination of the Plan. The Board may, may at any time and from time-to-time to timealter, amend, suspend, or terminate the Plan as to any shares of Stock as to in whole or in part; provided that, no amendment which Grants have not been made. An amendment to requires stockholder approval in order for the Plan to continue to comply with Rule 16b-3, shall be contingent on approval effective unless the same shall be approved by the requisite vote of the Company’s stockholders only to the extent required by applicable law, regulations or rules. No Grants shall be made after the termination of the PlanCompany entitled to vote thereon. No amendmentNotwithstanding the foregoing, suspension, or termination no amendment shall affect adversely any of the Plan shallrights of any Grantee, without the consent of the such Grantee's consent, alter or impair rights or obligations under any Grant Award or Loan theretofore awarded granted under the Plan.

Appears in 1 contract

Samples: Management Services Agreement (Juno Lighting Inc)

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