Example ContractsClausesplan termVariants
Plan Term
Plan Term contract clause examples

Term of Plan. The Plan shall become effective upon its adoption by the Board. It shall continue in effect for ten (10) years, unless sooner terminated under [Section 14] of the Plan.

Term of Plan. The Plan shall become effective upon its adoption by the Board. It shall continue in effect for ten (10) years, unless sooner terminated under Section 14 of the Plan.

Subject to Section 25 of the Plan, the Plan will become effective upon its adoption by the Board. It will continue in effect for a term of ten (10) years from the date adopted by the Board, unless terminated earlier under Section 21 of the Plan.

Term of Plan. The Plan became effective on the Effective Date and thereafter shall continue in effect for a term of ten (10) years unless terminated earlier under [Section 19] of the Plan.

The Plan shall continue in effect for a term of ten (10) years from its effective date as determined under [Section 11] below, unless the Plan is sooner terminated under [Section 10] below.

Term of Plan. The Plan shall become effective upon its adoption by the Board of Directors (the “Effective Date”). It shall continue in effect for a term of ten (10) years from the later of the Effective Date or the date any amendment to add shares to the Plan is approved by stockholders of the Company unless sooner terminated under Section 15 of the Plan.

Term of Plan. The Plan shall become effective upon its initial adoption by the Board and shall continue in effect until it is terminated under Section 15 hereof No Options or Stock Purchase Rights may be issued under the Plan after the tenth (10th) anniversary of the earlier of # the date upon which the Plan is adopted by the Board or # the date the Plan is approved by the stockholders.

This Plan shall become effective upon the earlier to occur of its adoption by the Board or its approval by the shareholders of the Company. It shall continue in effect for a term of ten years unless sooner terminated.

Section # Term. The Plan shall be effective for ten (10) consecutive Plan Years beginning on the Effective Date and ending on December 31, 2032.

The Plan shall become effective upon the earlier to occur of # its adoption by the Board of Directors, or # its approval by vote of a majority of the outstanding shares of the Company entitled to vote on the adoption of the Plan. The Plan shall continue in effect for a period of ten (10) years from the effective date of the Plan, unless sooner terminated pursuant to Section 13 of the Plan.

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