Modification or Amendment. This Agreement may be amended or modified by the Committee; provided that any amendment or modification that would adversely affect the Participant’s rights with respect to the Award must be made by written agreement executed by the parties hereto; and provided, that the adjustments permitted pursuant to Sections 4(b) and 7(b) of the Plan may be made without such written agreement.
Appears in 16 contracts
Sources: Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD), Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD), Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD)
Modification or Amendment. This Agreement may be amended or modified by the Committee; provided that any amendment or modification that would adversely affect the Participant’s rights with respect to the Award must be made by written agreement executed by the parties hereto; and provided, that the adjustments permitted pursuant to Sections 4(b) and 7(b7(c) of the Plan may be made without such written agreement.
Appears in 7 contracts
Sources: Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD), Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD), Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD)
Modification or Amendment. This Agreement may be amended or modified by the Committee; provided that any amendment or modification that would adversely affect effect the Participant’s rights with respect to the Award must be made by written agreement executed by the parties hereto; and provided, that the adjustments permitted pursuant to Sections Section 4(b) and 7(b7(c) of the Plan may be made without such written agreement.
Appears in 5 contracts
Sources: Employee Restricted Stock Agreement (Axis Capital Holdings LTD), Employment Agreement (Axis Capital Holdings LTD), Employee Restricted Stock Agreement (Axis Capital Holdings LTD)
Modification or Amendment. This Agreement may be amended or modified by the Committee; provided that any amendment or modification that would adversely affect effect the Participant’s rights with respect to the Award must be made by written agreement executed by the parties hereto; and provided, that the adjustments permitted pursuant to Sections 4(b) and 7(b7(c) of the Plan may be made without such written agreement.
Appears in 3 contracts
Sources: Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD), Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD), Employee Restricted Stock Unit Agreement (Axis Capital Holdings LTD)
Modification or Amendment. This Agreement may be amended or modified by the CommitteeBoard; provided that any amendment or modification that would adversely affect effect the Participant’s rights with respect to the Award must be made by written agreement executed by the parties hereto; and provided, that the adjustments permitted pursuant to Sections Section 4(b) and 7(b7(c) of the Plan may be made without such written agreement.
Appears in 2 contracts
Sources: Director Restricted Stock Unit Agreement (Axis Capital Holdings LTD), Restricted Stock Agreement (Axis Capital Holdings LTD)
Modification or Amendment. This Agreement may be amended or modified by the Committee; provided that any amendment or modification that would adversely affect the Participant’s 's rights with respect to the Award must be made by written agreement executed by the parties hereto; and provided, that the adjustments permitted pursuant to Sections 4(b) and 7(b7(c) of the Plan may be made without such written agreement.
Appears in 1 contract