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

Amendment or Termination of the Plan. The Board of Directors of the Company may amend this Plan from time to time as it may deem advisable. No amendment of the Plan, however, shall, without shareholder approval, increase the maximum number of shares under the Plan as provided in Section 4, or decrease the minimum option price provided in Section 6. Except as provided in Section 5, the Board shall not alter or impair any option theretofore granted under the Plan without the consent of the holder of the option. The Board of Directors may at any time terminate the Plan, provided that any such termination of the Plan shall not adversely affect options already granted and such options shall remain in full force and effect as if the Plan had not been terminated.