Common use of Modification, Extension and Renewal of Options Clause in Contracts

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, 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 therefor (to the extent not theretofore exercised), subject at all times to the Plan, the applicable rules of any regulatory authority or stock exchange, and any applicable laws. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s detriment or materially impair any rights of Optionee hereunder.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, 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 therefor therefore (to the extent not theretofore exercised), subject at all times to the Plan, the applicable Code and the corporate securities rules of any regulatory authority or stock exchange, and any applicable lawsNevada. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s detriment or materially impair any rights of Optionee hereunder.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, 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 therefor therefore (to the extent not theretofore exercised), subject at all times to the Plan, the applicable Code and the corporate securities rules of any regulatory authority or stock exchange, and any applicable lawsNevada. Notwithstanding the foregoing provisions of this Section 1211, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s detriment or materially impair any rights of Optionee hereunder.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, 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 therefor therefore (to the extent not theretofore exercised), subject at all times to the Plan, the applicable rules of any regulatory authority or stock exchange, Code and any applicable lawsthe Nevada Securities Rules. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s 's detriment or materially impair any rights of Optionee hereunder.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, as described in the Plan, may modify, extend or renew this Option or accept the its surrender thereof (to the extent not theretofore yet exercised) and authorize the granting of a new option in substitution therefor for it (to the extent not theretofore yet exercised), subject at all times to the Plan, the applicable rules of any regulatory authority or stock exchange, and any applicable laws. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s 's detriment or materially impair any rights of Optionee hereunderunder this Agreement.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, 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 therefor (to the extent not theretofore exercised), subject at all times to the Plan, the applicable rules of any regulatory authority or stock exchange, Code and any applicable lawsthe Nevada Securities Rules. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s 's detriment or materially impair any rights of Optionee hereunder.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, 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 therefor therefore (to the extent not theretofore exercised), subject at all times to the Plan, the applicable rules of any regulatory authority or stock exchangeCode, and any applicable securities laws. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s 's detriment or materially impair any rights of Optionee hereunder.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, 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 therefor therefore (to the extent not theretofore exercised), subject at all times to the Plan, the applicable rules of any regulatory authority or stock exchange, Code and any applicable lawsthe Colorada Securities Rules. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s 's detriment or materially impair any rights of Optionee hereunder.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, 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 therefor therefore (to the extent not theretofore exercised), subject at all times to the Plan, the applicable rules of any regulatory authority or stock exchange, Code and any applicable lawsall relevant securities statutes and rules. Notwithstanding the foregoing provisions of this Section 1213, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s detriment or materially impair any rights of Optionee hereunder.

Modification, Extension and Renewal of Options. 12.1 The Board or Committee, as described defined 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 therefor therefore (to the extent not theretofore exercised), subject at all times to the Plan, the applicable rules of any regulatory authority or stock exchange, Code and any applicable lawsthe Nevada Securities Rules. Notwithstanding the foregoing provisions of this Section 12, no modification shall, without the consent of the Optionee, materially alter to the Optionee’s detriment or materially impair any rights of Optionee hereunder.