Common use of Before a Change of Control Clause in Contracts

Before a Change of Control. Before a change of control, as defined in the Income Continuance Plan, Apache may amend the Plan at any time and from time to time, retroactively or otherwise, on behalf of all Companies, but no amendment may reduce any vested benefit that has accrued on the later of (a) the effective date of the amendment, or (b) the date the amendment is adopted.

Appears in 4 contracts

Sources: Non Qualified Retirement/Savings Plan (Apache Corp), Non Qualified Retirement/Savings Plan (Apache Corp), Non Qualified Retirement/Savings Plan (Apache Corp)

Before a Change of Control. Before a change of control, as defined in the Income Continuance Plan, Apache may amend the Plan at any time and from time to time, retroactively or otherwise, on behalf of all Companies, but no amendment may reduce any vested benefit that has accrued on the later of (a) the effective date of the amendment, or (b) the date the amendment is adopted.

Appears in 1 contract

Sources: Non Qualified Restorative Retirement Savings Plan (Apache Corp)

Before a Change of Control. Before a change “Change of controlControl”, as defined in the Income Continuance Plan, Apache may amend the Plan at any time and from time to time, retroactively or otherwise, on behalf of all Companies, but no amendment may reduce any vested benefit that has accrued on the later of (a) the effective date of the amendment, or (b) the date the amendment is adopted.

Appears in 1 contract

Sources: Non Qualified Retirement Savings Plan (Apache Corp)