Common use of Amendment of Option Clause in Contracts

Amendment of Option. The terms of the Option may be amended by the Board at any time (a) if the Board determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, that by its terms applies to the Option; or

Amendment of Option. The terms of the Option option may be amended by the Board at any time (aI) if the Board determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulationregulation or (ii) other than in the circumstances described in clause (I), that by its terms applies to with the Option; orconsent of the Optionee, unless the amendment would not adversely affect the Optionee.

Amendment of Option. The terms of the Option may be amended by the Board or the Committee at any time (ai) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, that which change occurs after the Date of Grant and by its terms applies to the Option; oror (ii) other than in the circumstances described in clause (i), with the consent of the Grantee.

Amendment of Option. The terms of the Option may be amended by the Board at any time (ai) if the Board determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 1986, including amendments, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, that which change occurs after the Date of Grant and by its terms applies to the Option; oror (ii) other than in the circumstances described in clause (i), with the consent of the Grantee.

Amendment of Option. The terms of the Option may be amended by the Board at any time (ai) if the Board determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 1986, as amended, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, that which change occurs after the Date of Grant and by its terms applies to the Option; oror (ii) other than in the circumstances described in clause (i), with the consent of the Grantee.

Amendment of Option. The terms of the Option may be amended by the Board at any time (ai) if the Board determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, that which change occurs after the Date of Grant and by its terms applies to the Option; oror (ii) other than in the circumstances described in clause (i), with the consent of the Grantee.

Amendment of Option. The terms of the Option may be amended by the Board at any time (aI) if the Board determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or of regulation, that which change occurs after the Date of Grant and by its terms applies to the Option; oror (ii) other than in the circumstances described in clause (I), with the consent of Grantee.

Amendment of Option. The terms of the Option may be amended by the Board at any time (ai) if the Board determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or of regulation, that which change occurs after the Date of Grant and by its terms applies to the Option; oror (ii) other than in the circumstances described in clause (i), with the consent of Grantee.

Amendment of Option. The terms of the Option may be amended by the Board at any time (a) if the Board of Directors determines, in its sole discretion, that amendment is necessary or advisable in the light of any addition to or change in the Internal Revenue Code of 1986 Code, or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, that which change occurs after the Date of Grant and by its terms applies to the Option; oror (b) other than in the circumstances described in clause (a), with the consent of Grantee.

Amendment of Option. The terms of the Option may be amended by the Board or the Committee at any time (ai) if the Board or the Committee determines, in its sole discretion, that amendment is necessary or advisable to conform to any changes in the light law which occurs after the Date of any addition to or change in the Internal Revenue Code of 1986 or in the regulations issued thereunder, or any federal or state securities law or other law or regulation, that Grant and by its terms applies to the Option; oror (ii) which the Board may deem to be in the best interests of the Company, provided that no amendment shall impair or negate any of the rights or obligations under this grant, without the consent of the Grantee.