Term of Plan Clause Example with 4 Variations from Business Contracts

This page contains Term of Plan clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Term of Plan. If not sooner terminated by the Board, this Plan shall terminate at the close of business on the date ten years after its Effective Date as determined under Section 1(b) above. No Awards shall be made under the Plan after its termination.

Variations of a "Term of Plan" Clause from Business Contracts

Term of Plan. If not sooner terminated by the Board, this Plan shall terminate at the close of business on the date ten 10 years after the earlier of Board approval of this Plan and its Effective Date as determined under Section 1(b) above. Date. No Awards shall be made under the this Plan after its termination.
Term of Plan. If not sooner terminated by the Board, this Plan shall terminate at the close of business on the date ten years after the earlier of Board approval of this Plan and its Effective Date as determined under Section 1(b) above. Date. No Awards shall be made under the this Plan after its termination.
Term of Plan. If not sooner terminated by the Board, this Plan shall terminate at the close of business on the date ten years after the earlier of Board approval of the Plan and its Effective Date as determined under Section 1(b) above. Date. No Awards shall be made under the Plan after its termination.
Term of Plan. If not sooner terminated by the Board, this Plan shall terminate at the close of business on the date ten (10) years after its the earlier of the date on which the Board approved the Plan and the Effective Date of the Plan as determined under Section 1(b) above. No Awards shall be made under the Plan after its termination.