Section 409A Amendment. This Award is intended to be exempt from Section 409A of the Code and this Award Agreement shall be administered and interpreted in accordance with such intent. The Committee reserves the right (including the right to delegate such right) to unilaterally amend this Award Agreement without the consent of the Grantee in order to maintain an exclusion from the application of, or to maintain compliance with, Section 409A of the Code. Any such amendment shall maintain, to the extent practicable, the original intent of the applicable provision. The Grantee’s acceptance of this Award constitutes the Grantee’s acknowledgement of and consent to such rights of the Company.
Appears in 3 contracts
Sources: Restricted Stock Award Agreement (First Industrial Realty Trust Inc), Restricted Stock Award Agreement (First Industrial Realty Trust Inc), Restricted Stock Award Agreement (First Industrial Realty Trust Inc)