Term of Plan Clause Example from Business Contracts
This example Term of Plan clause appears in 2 contracts from 1 company
Term of Plan. Subject to Section 21, the Plan will become effective upon the business day immediately prior to the Registration Date. It will continue in effect until terminated under Section 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 is adopted by the Board.
Found in
Thorne Healthtech, Inc. contract
Thorne Healthtech, Inc. Contracts
2021 Equity Incentive Plan and forms of agreements thereunder, to be in effect upon the completion of this offering (Filed With SEC on September 13, 2021)
2021 Equity Incentive Plan and forms of agreements thereunder (Filed With SEC on March 16, 2022)
