Term of Plan Clause Example with 43 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 the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner terminated under Section 20.
Found in Acutus Medical, Inc. contract

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

Term of Plan. The Subject to Section 23 of the Plan, the Plan will become effective upon the later to occur of (i) its adoption by the Board Board, (ii) approval by the Company's stockholders or (ii) (iii) the business day immediately prior to the Registration Effective Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated earlier under Section 20. 19 of the Plan, but no Incentive Stock Options may be granted after 10 years from the date the Plan is adopted by the Board... and Section 3(b) will operate only until the 10th anniversary of the date the Plan is adopted by the Board. View More
Found in Kensington Capital Acquisition Corp. contract
Term of Plan. The Subject to Section 23 of the Plan, the Plan will become effective upon the later to occur of (i) its adoption by the Board Board, (ii) approval by the Company's stockholders or (ii) (iii) the business day immediately prior to the Registration Effective Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated earlier under Section 20. 19 of the Plan, but no Incentive Stock Options may be granted after 10 years from the date the Plan is adopted by the Board... and Section 3(b) will operate only until the earlier of (i) the 10th anniversary of the date the Plan is adopted by the Board and (ii) the date set forth in Section 3(b). View More
Found in Reinvent Technology Partners Y contract
Term of Plan. The Subject to Section 19, the Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated under Section 20. 17, but no Incentive Stock Options may be granted after 10 years from the date the Plan is adopted by the Board and Section 2(b) will operate only until the 10th anniversary of the date the Plan is adopted by t...he Board. View More
Found in 2 Contracts from 2 Companies
Term of Plan. The Subject to Section 20, the Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated under Section 20. 18, but no Incentive Stock Options may be granted after ten (10) years from the date the Plan is adopted by 22 the Board and Section 3(b) will operate only until the tenth (10th) anniversary of the date the Pla...n is adopted by the Board. View More
Found in Upstart Holdings, Inc. contract
Term of Plan. The Subject to Section 20, the Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated under Section 20. 18, but no Incentive Stock Options may be granted after 10 years from the date the Plan is adopted by the Board and Section 2(b) will operate only until the 10th anniversary of the date the Plan is adopted by t...he Board. View More
Found in 5 Contracts from 5 Companies
Term of Plan. The Subject to Section 21, the Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated under Section 20. 19, but no Incentive Stock Options may be granted after ten (10) years from the date the Plan is adopted by the Board and Section 3(a)(iii) will operate only until the tenth (10th) anniversary of the date the P...lan is adopted by the Board. View More
Found in Udemy, Inc. contract
Term of Plan. The Subject to Section 21, the Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated under Section 20. 19, but no Incentive Stock Options may be granted after ten (10) years from the date the Plan is adopted by the Board and Section 3(b) will operate only until the tenth (10th) anniversary of the date the Plan i...s adopted by the Board. View More
Found in 2 Contracts from Thorne Healthtech, Inc.
Term of Plan. The Subject to Section 20, the Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated under Section 20. 18, but no Incentive Stock Options may be granted after ten (10) years from the date the Plan is adopted by the Board and Section 3(b) will operate only until the tenth (10th) anniversary of the date the Plan i...s adopted by the Board. View More
Found in 2 Contracts from Acutus Medical, Inc.
Term of Plan. The Subject to Section 20, the Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated under Section 20. 18, but no Incentive Stock Options may be granted after 10 years from the date adopted by the Board and Section 2(b) will operate only until the 10th anniversary of the date adopted by the Board.
Found in GoDaddy Inc. contract
Term of Plan. The Subject to Section 21 of the Plan, the Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) the business day immediately prior to the Registration Date. It will continue in effect for a term of ten (10) years, unless sooner until terminated under Section 20. 18, but no Incentive Stock Options may be granted after 10 years from the date adopted by the Board and Section 3(b) will operate only until the 10th anniversary of the date the Plan is adopted by t...he Board. View More
Found in 2 Contracts from 2 Companies