Term of Plan Clause Example from Business Contracts
This example Term of Plan clause appears in 2 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 from the Effective Date, unless sooner terminated under Section 20.
Found in
RxSight, Inc. contract
RxSight, Inc. Contracts
2021 Employee Stock Purchase Plan, to be in effect upon the completion of this offering (Filed With SEC on July 26, 2021)
Thorne Healthtech, Inc. Contracts
2021 Employee Stock Purchase Plan and forms of agreements thereunder, to be in effect upon the completion of this offering (Filed With SEC on September 13, 2021)