Term of Plan Clause Example from Business Contracts

This example Term of Plan clause appears in 4 contracts from 2 companies

Term of Plan. Subject to Section 22 of the Plan, the Plan will become effective as of one business day prior to the Registration Date. The Plan will continue in effect until terminated under Section 19, but (a) no Options that qualify as incentive stock options within the meaning of Code Section 422 may be granted after ten (10) years from the earlier of the Board or stockholder approval of the Plan and (b) Section 3.2 relating to automatic share reserve increases will operate only until the ten (10) year ann...iversary of the earlier of the Board or stockholder approval of the Plan. View More
Found in Tenaya Therapeutics, Inc. contract
Tenaya Therapeutics, 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 July 26, 2021)

2021 Equity Incentive Plan and forms of agreements thereunder (Filed With SEC on March 23, 2022)

Ventyx Biosciences, 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 October 15, 2021)

2021 Equity Incentive Plan, as amended, and forms of agreement thereunder (Filed With SEC on November 18, 2021)