Common use of Amendment, Modification, Suspension, and Termination Clause in Contracts

Amendment, Modification, Suspension, and Termination. Subject to Sections 16.1 and 19.3, the Board may, at any time and from time to time, alter, amend, modify, suspend, or terminate the Plan in whole or in part; provided, however, that, no material amendment of the Plan shall be made without shareholder approval if shareholder approval is required by law, regulation, or stock exchange rule. Furthermore, no amendment, modification, suspension or termination may impact the distribution of any Award that is subject to Section 409A or is intended to qualify as Performance-Based Compensation under Section 162(m), except as permitted by such applicable Section.

Amendment, Modification, Suspension, and Termination. Subject to Sections 16.1 10.1 and 19.313.3, the Board may, at any time and from time to time, alter, amend, modify, suspend, or terminate the this Plan in whole or in part; provided, however, that, no material amendment of the this Plan shall be made without shareholder approval if shareholder approval is required by law, regulation, or stock exchange rule. Furthermore, no amendment, modification, suspension or termination may impact the distribution of any Award that is subject to Section 409A 162(m) or is intended to qualify as Performance-Based Compensation under Section 162(m)409A, except as permitted by such applicable Section.