Term of Plan Clause Example from Business Contracts

This example Term of Plan clause appears in 5 contracts from 2 companies

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 20 years, unless sooner terminated under Section 20.
Found in IGM Biosciences, Inc. contract
IGM Biosciences, Inc. Contracts

2019 Employee Stock Purchase Plan and forms of agreements thereunder, to be in effect upon completion of this offering (Filed With SEC on September 3, 2019)

Amended and Restated 2019 Employee Stock Purchase Plan (Filed With SEC on August 3, 2020)

Amended and Restated 2019 Employee Stock Purchase Plan, amended July 30, 2020 and forms of agreements thereunder (Filed With SEC on November 5, 2020)

Amended and Restated 2019 Employee Stock Purchase Plan, amended May 1, 2022, and forms of agreements thereunder (Filed With SEC on May 9, 2022)

Arcellx, Inc. Contracts

2022 Employee Stock Purchase Plan, to be in effect upon the completion of this offering (Filed With SEC on January 31, 2022)