Common use of Amendments or Terminations Clause in Contracts

Amendments or Terminations. This Agreement and the Plan may be amended or terminated without the consent of the Grantee provided that such amendment or termination would not impair any rights of the Grantee under this Agreement. No amendment or termination of this Agreement shall, without the consent of the Grantee, impair any rights of the Grantee under this Agreement.

Appears in 2 contracts

Sources: Option Agreement (Walter Industries Inc /New/), Option Agreement (Walter Industries Inc /New/)