Example ContractsClausesduration of planVariants
Remove:

Duration of Plan. The Plan shall remain in effect, subject to the Board’s right to earlier terminate the Plan pursuant to Section 17 hereof, until all Stock subject to it shall have been purchased or acquired pursuant to the provisions hereof. Notwithstanding the foregoing, no Award may be granted under the Plan on or after December 21, 2020.

Duration of Plan.

DURATION OF THE PLAN. The Plan shall commence on the Effective Date, as described in Section 1.1 hereof, and shall remain in effect, subject to the Board’s right of the Board of Directors to earlieramend or terminate the Plan at any time pursuant to [Section 17]Article 16 hereof, until all StockShares subject to it shall have been purchased or acquired pursuantaccording to the provisions hereof. Notwithstanding the foregoing,Plan's provisions. However, in no event may an Award may be granted under the Plan on or after .December 31, 2025.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.