Term of Plan Clause Example with 4 Variations from Business Contracts

This page contains Term of Plan clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Term of Plan. The Plan shall become effective upon its approval by shareholders of the Company. It shall continue in effect for a term of ten (10) years from the date the Plan is approved by the shareholders of the Company (the "Effective Date") unless terminated earlier under Section 16 of the Plan.

Variations of a "Term of Plan" Clause from Business Contracts

Term of Plan. The Plan shall become effective upon its approval by shareholders of the Company. It shall continue in effect for a term of ten (10) years from the date the Plan is approved by the shareholders of the Company (the "Effective Date") unless until terminated earlier under Section 16 15 of the Plan.
Term of Plan. The Plan shall become effective upon its approval by shareholders of the Company. Company (the "Effective Date"). It shall continue in effect for a term of ten (10) years from the date the Plan is approved by the shareholders of the Company (the "Effective Date") unless terminated earlier under Section 16 17 of the Plan.
Term of Plan. The Plan shall become effective upon its approval by shareholders of the Company. It shall continue in effect for a term of ten (10) years from the date the Plan is approved by the shareholders of the Company (the "Effective Date") unless until terminated earlier under Section 16. of the Plan.
Term of Plan. The Plan shall become effective upon its approval by shareholders of the Company. It shall continue in effect for a term of ten (10) years from the date the Plan is approved by the shareholders of the Company (the "Effective Date") unless until terminated earlier under Section 16 of the Plan.