Term of Plan Clause Example with 13 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 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 20 of the Plan. 20. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b) Stockholder Approval. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and desirable to co...mply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in Pulse Evolution Group, Inc. contract

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

Term of Plan. The Plan will shall become effective upon its adoption the date it is approved by the Board. Committee or a majority of the Independent Directors (the "Effective Date"). It will continue in effect for a term of ten (10) years from the date adopted by the Board, Effective Date, unless terminated earlier under Section 20 18 of the Plan. 20. 12 18. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b)... Stockholder Approval. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. Laws or if determined by the Board to be necessary or desirable for any reason (including but not limited to the satisfaction of the Inducement Listing Rule or other listing requirements on a stock exchange). (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will materially impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in Amplitude Healthcare Acquisition Corp contract
Term of Plan. The Subject to Section 23 hereof, 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 20 of the Plan. hereof. 15 La Rosa Holdings Corp. 2022 Equity Incentive Plan 20. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. Any Plan amendment that increases the tot...al number of Shares reserved for issuance pursuant to incentive awards or reduces the minimum exercise price for options or exchange of options for other incentive awards, shall be authorized by the stockholders of the Company within one (1) year. (b) Stockholder Approval. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension suspension, or termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in La Rosa Holdings Corp. contract
Term of Plan. The (a) Effectiveness. Subject to Section 22 of the Plan, the Plan will become effective upon the later to occur of (i) its adoption by the Board. It Board or (ii) the business day immediately prior to the Registration Date. (b) Expiration. The Plan will continue in effect for a term of ten until terminated under Section 19, but (i) no Options that qualify as Incentive Stock Options may be granted after (10) years from the date the Plan is adopted by the Board, unless terminated earlier under an...d (ii) Section 20 3(b) relating to automatic share reserve increases will operate only until the ten (10) year anniversary of the Plan. 20. date the Plan is adopted by the Board. -18- 19. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may Administrator, at any time time, may amend, alter, suspend suspend, or terminate the Plan. (b) Stockholder Approval. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension suspension, or termination of the Plan will materially impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in Sumo Logic, Inc. contract
Term of Plan. The Subject to stockholder approval in accordance with Section 17, the Plan will shall become effective upon its adoption by the Board. It will Unless sooner terminated under Section 19, it shall continue in effect for a term of ten (10) years from the later of (a) the effective date adopted by the Board, unless terminated earlier under Section 20 of the Plan, or (b) the earlier of the most recent Board or stockholder approval of an increase in the number of Shares reserved for issuance under th...e Plan. 20. -10- 19. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator Board may at any time amend, alter, suspend or terminate the Plan. (b) Stockholder Approval. The Company will Board shall obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will shall impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing (which may include e-mail) and signed by the Participant and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards Options granted under the Plan prior to the date of such termination. View More
Found in Rimini Street, Inc. contract
Term of Plan. The Subject to Section 22 hereof, the Plan will become effective upon its adoption by the Board. Board (the "Effective Date"). It will continue in effect for a term of ten (10) years from the date adopted by the Board, unless terminated earlier under Section 20 19 hereof; provided, however, that such expiration shall not affect Awards then outstanding, and the terms and conditions of the Plan. 20. this Plan shall continue to apply to such Awards. 16 19. Amendment and Termination of the Plan. (a)... Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b) Stockholder Approval. The Company will obtain stockholder approval of the Plan and any Plan amendment to the extent necessary and or desirable to comply with Applicable Laws. Laws, initially, within twelve (12) months after the Effective Date. (c) Effect of Amendment or Termination. No amendment, alteration, suspension suspension, or termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in MV Portfolios, Inc. contract
Term of Plan. The Subject to Section 21 hereof, the Plan will become effective upon its adoption by the Board. Board (the "Effective Date"). It will continue in effect for a term of ten (10) years from the date adopted by the Board, unless terminated earlier under Section 20 18 hereof; provided, however, that such expiration shall not affect Awards then outstanding, and the terms and conditions of the Plan. 20. this Plan shall continue to apply to such Awards. 12 18. Amendment and Termination of the Plan. (a)... Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b) Stockholder Approval. The Subject to Section 21, the Company will obtain stockholder approval of the Plan and any Plan amendment to the extent necessary and or desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension suspension, or termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in iPower Inc. contract
Term of Plan. The Subject to Section 24 of the Plan, the Plan will become effective upon its adoption by the Board. Board (such date, the "Effective Date"). It will continue in effect for a term of ten (10) years from the date adopted by the Board, unless terminated earlier under Section 20 of the Plan. 16 20. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b) Stockholder Approval. The Company will obtain sto...ckholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will materially impair the rights of any Participant, Participant with respect to a previously granted Award, unless mutually agreed otherwise upon between the Participant and the Administrator, which Administrator in a written agreement must be in writing and signed by the Participant and the Company. both parties. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in Arlo Technologies, Inc. contract
Term of Plan. The Subject to Section 21 of the Plan, the amended and restated Plan will shall become effective upon the date, in 2012, of its adoption by the Board. It will shall continue in effect for a term of ten (10) years from the date adopted by the Board, until February 12, 2017, unless terminated earlier under Section 20 17 of the Plan. 20. 17 17. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator Board may at any time amend, alter, suspend or terminate the Plan. (...b) Stockholder Approval. The Company will shall obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will shall impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will shall not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards Options granted under the Plan prior to the date of such termination. View More
Found in ADVENT SOFTWARE INC contract
Term of Plan. The Subject to Section 22 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, until February 9, 2021 unless terminated earlier under Section 20 19 of the Plan. 20. B-15 Exhibit 10.2 19. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the Plan. (b) Stockholder Approval. The Company will obtain... stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in Cytokinetics, Incorporated contract
Term of Plan. The Subject to Section 20 of the Plan, the Plan will become effective upon the later to occur of (i) its adoption by the Board. Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years from the date adopted by the Board, unless until terminated earlier under Section 20 of the Plan. 20. 17. -17- 17. Amendment and Termination of the Plan. (a) Amendment and Termination. The Administrator may Administrator, at any time time, m...ay amend, alter, suspend or terminate the Plan. (b) Stockholder Approval. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will materially impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator's ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. View More
Found in Applovin Corp contract