This excerpt taken from the MOLX DEF 14A filed Sep 12, 2008.
Amendment and Termination
The Board may at any time amend, suspend or discontinue the AIP, in whole or in part. The Compensation Committee and/or the CEO, as applicable, may at any time alter or amend any or all award documents under the AIP to the extent permitted by law. Stockholder approval may be required for actions that affect Section 162(m) Awards.
This excerpt taken from the MOLX DEF 14A filed Sep 23, 2005.
ARTICLE XII. AMENDMENT AND TERMINATION
12.1 Authority.Subject to Section 12.2, the Board of Directors may, at any time and from time to time, alter, amend, suspend, discontinue or terminate the Plan in whole or in part without the approval of the Company’s stockholders, except that any amendment or alteration shall be subject to approval of the Company’s stockholders if such approval is required by any federal or state law or regulation or the rules of any stock exchange or automated quotation system on which the shares of Stock may be listed or quoted.
12.2 Awards Previously Granted. Except as otherwise specifically provided in the Plan or an award agreement under the Plan, no termination, amendment, or modification of the Plan shall adversely affect in any material way any award previously granted under the Plan without the written consent of the grantee of such award.