Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereof, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities laws. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Recipient, alter to the Recipient’s detriment or impair any rights of Recipient hereunder.
Appears in 20 contracts
Sources: Employment Agreement (SolarWindow Technologies, Inc.), Stock Option Agreement (New Energy Technologies, Inc.), Stock Option Agreement (New Energy Technologies, Inc.)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereofCommittee, as described in the Plan, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code Plan and applicable securities lawsthe Code. Notwithstanding the foregoing provisions of this Section 1211, no modification shall, without the consent of the RecipientOptionee, alter to the Recipient’s Optionee's detriment or impair any rights of Recipient Optionee hereunder.
Appears in 15 contracts
Sources: Non Statutory Stock Option Agreement, Non Statutory Stock Option Agreement, Employee Nonstatutory Stock Option Agreement (Originclear, Inc.)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereofCommittee, as described in the Plan, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities lawsPlan, the Code. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the RecipientOptionee’s detriment or impair any rights of Recipient Optionee hereunder.
Appears in 14 contracts
Sources: Nonstatutory Stock Option Agreement (Hepalife Technologies Inc), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc), Nonstatutory Stock Option Agreement (Entheos Technologies Inc)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereofCommittee, as described in the Plan, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities lawsPlan, the Code. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the Recipient’s Optionee's detriment or impair any rights of Recipient Optionee hereunder.
Appears in 10 contracts
Sources: Consultant Nonstatutory Stock Option Agreement (AMP Holding Inc.), Consultant Nonstatutory Stock Option Agreement (Medizone International Inc), Consultant Nonstatutory Stock Option Agreement (Medizone International Inc)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereof, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities laws. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the RecipientOptionee’s detriment or impair any rights of Recipient Optionee hereunder.
Appears in 9 contracts
Sources: Employment Agreement (Phytomedical Technologies Inc), Employment Agreement (Phytomedical Technologies Inc), Employment Agreement (Phytomedical Technologies Inc)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereof, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities laws. Notwithstanding the foregoing provisions of this Section 1212 , no modification shall, without the consent of the Recipient, alter to the Recipient’s detriment or impair any rights of Recipient hereunder.
Appears in 7 contracts
Sources: Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.), Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.), Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereofCommittee, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities laws. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the RecipientOptionee’s detriment or impair any rights of Recipient Optionee hereunder.
Appears in 5 contracts
Sources: Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.), Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.), Stock Option Agreement (New Energy Technologies, Inc.)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereofCommittee, as described in the Plan, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code Plan and applicable securities lawsthe Code. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the Recipient’s Optionee's detriment or impair any rights of Recipient Optionee hereunder.
Appears in 5 contracts
Sources: Nonstatutory Stock Option Agreement (Evolucia Inc.), Nonstatutory Stock Option Agreement (AMP Holding Inc.), Employee Nonstatutory Stock Option Agreement (Kesselring Holding Corporation.)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereofCommittee, as described in the Plan, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code Plan and applicable securities lawsthe Code. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the RecipientOptionee’s detriment or impair any rights of Recipient Optionee hereunder.
Appears in 3 contracts
Sources: Employee Nonstatutory Stock Option Agreement (VisionWave Holdings, Inc.), Employee Nonstatutory Stock Option Agreement (VisionWave Holdings, Inc.), Consultant Nonstatutory Stock Option Agreement (Ondas Holdings Inc.)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereof, Compensation Committee may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities lawsthe Code. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the Recipient’s Optionee's detriment or impair any rights of Recipient Optionee hereunder.
Appears in 2 contracts
Sources: Director Nonstatutory Stock Option Agreement (Workhorse Group Inc.), Director Nonstatutory Stock Option Agreement (Workhorse Group Inc.)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereof, Compensation Committee may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities lawsthe Code. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the RecipientOptionee’s detriment or impair any rights of Recipient Optionee hereunder.
Appears in 1 contract
Sources: Director Nonstatutory Stock Option Agreement (Workhorse Group Inc.)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereofCommittee, as described in the Plan, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code Plan and applicable securities lawsthe Code. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the RecipientOptionee, alter to the RecipientOptionee’s detriment or impair any rights of Recipient Optionee hereunder..
Appears in 1 contract
Sources: Stock Option Agreement (Emagin Corp)
Modification, Extension and Renewal of Options. The Board or a duly appointed committee thereofCommittee, as described in the Plan, may modify, extend or renew this Option or accept the surrender thereof (to the extent not theretofore exercised) and authorize the granting of a new option in substitution therefore (to the extent not theretofore exercised), subject at all times to the Code and applicable securities lawsPlan, the Code. Notwithstanding the foregoing provisions of this Section 121.2, no modification shall, without the consent of the RecipientOptionee, alter to the Recipient’s Optionee's detriment or impair any rights of Recipient Optionee hereunder.
Appears in 1 contract
Sources: Nonstatutory Stock Option Agreement (World Wide Wireless Communications Inc)