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 20, the Plan will become effective upon the later to occur of (a) its adoption by the Board, or (b) the business day immediately prior to the Registration Date. The Plan will continue in effect until terminated under Section 18, but (i) no Incentive Stock Options may be granted after 10 years from the earlier of the Board or stockholder approval of the Plan and (ii) Section 3(b) relating to automatic share reserve increase will operate only until the tenth anniversary of the e...arlier of the Board or stockholder approval of the Plan. View More
Found in Blend Labs, Inc. contract
Codex DNA, Inc. Contracts

2021 Stock Incentive Plan (Filed With SEC on May 28, 2021)

2021 Stock Incentive Plan to be in effect upon the completion of this offering (Filed With SEC on June 14, 2021)

Blend Labs, Inc. Contracts

Blend Labs, Inc. 2021 Equity Incentive Plan and related form agreements (Filed With SEC on July 6, 2021)

Blend Labs, Inc. 2021 Equity Incentive Plan and related form agreements (Filed With SEC on March 31, 2022)