Term of Plan Clause Example from Business Contracts

This example Term of Plan clause appears in 4 contracts from 1 company

Term of Plan. Subject to Section 23 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 from the date it becomes effective, unless terminated earlier under Section 17 of the Plan.
Found in Elastic N.V. contract
Elastic N.V. Contracts

2012 Stock Option Plan and related form agreements (Filed With SEC on June 26, 2020)

2012 Stock Option Plan and related form agreements (Filed With SEC on June 25, 2021)

Amended and Restated 2012 Stock Option Plan and related form agreements (Filed With SEC on March 10, 2022)

2012 Stock Option Plan and related form agreements (Filed With SEC on September 24, 2018)