Shareholder Approval Clause Example from Business Contracts

This example Shareholder Approval clause appears in 3 contracts from 3 companies

Shareholder Approval. The Plan will be subject to approval by the shareholders of the Company within twelve (12) months after the date the Plan is adopted by the Board. Such shareholder approval will be obtained in the manner and to the degree required under Applicable Laws.
JFrog Ltd Contracts

2020 Employee Share Purchase Plan (Filed With SEC on September 8, 2020)