Program Subject to Amendment, Modification and Termination. This Program may be amended, modified or terminated by the Board or Compensation Committee at any time, or from time to time, in their sole discretion. No Non-Employee Director shall have any rights hereunder unless and until an Award (as defined in the Plan) is actually granted under the Plan. Without limiting the generality of the foregoing, the Board and Compensation Committee hereby expressly reserve the authority to terminate this Program during any year up and until the election of directors at a given Annual Meeting.
Program Subject to Amendment, Modification and Termination. This Program may be amended, modifiedThe Board or terminatedany committee designated by the Board may amend, alter, suspend or Compensation Committeeterminate this Policy at any time,time and for any reason. No amendment, alteration, suspension or from time to time, in their sole discretion. Notermination of this Policy will materially impair the rights of a Non-Employee Director shall have any rights hereunderwith respect to compensation that already has been paid or awarded, unless otherwise mutually agreed between the Non-Employee Director and until an Award (as defined in the Plan) is actuallyCompany. Termination of this Policy will not affect the Board’s or the Compensation Committee’s ability to exercise the powers granted to it under the Plan with respect to Awards granted under the Plan. Without limitingPlan pursuant to this Policy prior to the generalitydate of the foregoing, the Board and Compensation Committee hereby expressly reserve the authority to terminate this Program during any year up and until the election of directors at a given Annual Meeting.such termination.
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