The Committee may modify or amend, in whole or in part, any or all of the provisions of the Plan, except as to those terms or provisions that are required by IRC [Section 162(m)] to be approved by the shareholders, or suspend or terminate the Plan entirely; provided, however, that no such modifications, amendment, suspension or termination may, without the consent of the Participant, or his Beneficiary in the case of his/her death, reduce the right of a Participant, or his/her Beneficiary, as the case may be, to any payment due under the Plan. For the avoidance of doubt, the Committee may amend the Plan as necessary to conform the Plan to the requirements of IRC Section 409A.
Amendment, Modification, Suspension or Termination. The Company, acting through the Board of Directors (including through the Compensation Committee of the Board) or through the Committee, may modifyamend, modify, suspend or amend,terminate the Plan in whole or in part, except that no amendment, modification, suspension or termination shall have any retroactive effect to reduce any amounts allocated to a Participant’s Accounts, or alladversely affect his vested interest therein. A termination of the provisionsPlan shall not cause the acceleration of payments under the Plan unless the Committee determines, after consultation with counsel, that the terms and conditions of such termination are within exceptions provided by the Regulations to the general [Section 409A] prohibition against acceleration. Notwithstanding any other provision of the Plan, except as to those terms or provisions that are required by IRC [Section 162(m)] to be approved by the shareholders, or suspend or terminate the Plan entirely; provided, however, that no such modifications, amendment, suspension or termination may, without the consent of the Participant, or his Beneficiary in the case of his/her death, reduceCommittee shall have the right of a Participant, or his/her Beneficiary, as the case may be,and power to adopt any payment due under the Plan. For the avoidance of doubt, the Committee may amendand all such amendments to the Plan as it shall deem necessary or advisable to conformensure compliance with Section 409A and the Plan to the requirements of IRC Section 409A. Regulations, including amendments with retroactive effect.
Amendment, Modification, Suspension or Termination. The Company, acting through the Board of Directors (including through the Compensation Committee of the Board) or through the Committee, may modifyamend, modify, suspend or amend,terminate the Plan in whole or in part, except that no amendment, modification, suspension or termination shall have any retroactive effect to reduce any amounts allocated to a Participant’s Accounts or alladversely affect his or her right to vest thereunder in accordance with the Plan provisions previously in effect. A termination of the provisionsPlan shall not cause the acceleration of payments under the Plan unless the Committee determines, after consultation with counsel, that the terms and conditions of such termination are within exceptions provided by the Regulations to the general [Section 409A] prohibition against acceleration. Notwithstanding any other provision of the Plan, except as to those terms or provisions that are required by IRC [Section 162(m)] to be approved by the shareholders, or suspend or terminate the Plan entirely; provided, however, that no such modifications, amendment, suspension or termination may, without the consent of the Participant, or his Beneficiary in the case of his/her death, reduceCommittee shall have the right of a Participant, or his/her Beneficiary, as the case may be,and power to adopt any payment due under the Plan. For the avoidance of doubt, the Committee may amendand all such amendments to the Plan as it shall deem necessary or advisable to conformensure compliance with Section 409A and the Plan to the requirements of IRC Section 409A. Regulations, including amendments with retroactive effect.
Amendment and Termination in General. The Committee may modify or amend, in whole or in part, any or all of the provisions of the Plan, except as to those terms or provisions that are required by IRC [Section 162(m)] to be approved by the shareholders, or suspend or terminate thethis Plan entirely; provided, however,at any time; provided that no such modifications, amendment, suspension or termination may, withoutshall adversely affect the consentamounts in any then-existing account. Further, no amendment, suspension or termination of this Plan may result in the acceleration of payment of any benefits to any Participant, beneficiary or other person, except as may be permitted under Section 409A of the Participant, or his Beneficiary in the case of his/her death, reduce the right of a Participant, or his/her Beneficiary, as the case may be, to any payment due under the Plan. For the avoidance of doubt, the Committee may amend the Plan as necessary to conform the Plan to the requirements of IRC Section 409A. Code.
The CommitteeThis Plan may modifybe amended, suspended or amend, in whole or in part,terminated at any or alltime by the Board of Directors of the provisions of the Plan, except as to those terms or provisions that are required by IRC [Section 162(m)] to be approved by the shareholders, or suspend or terminate the Plan entirely; provided, however, thatCompany. However, no such modifications, amendment, suspension or termination of the Plan may, without the consent of a participant, alter or impair any of the Participant, or his Beneficiary in the case of his/her death, reduce the right of a Participant, or his/her Beneficiary, as the case may be, to any payment duerights previously granted under the Plan. ForAny amendment or termination shall comply with the avoidancerestrictions of doubt,Section 409A of the Committee may amendInternal Revenue Code ("[Section 409A]") to the extent applicable. No amendment or termination of the Plan as necessarymay accelerate a scheduled payment of amounts subject to conform the PlanSection 409A, nor may any amendment or termination permit a subsequent deferral of amounts subject to the requirements of IRC Section 409A.
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