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 shareholder approval in accordance with Section 19, the Plan shall become effective upon its adoption by the Board. Unless sooner terminated under Section 15, it shall continue in effect for a term of ten (10) years from the later of (i) the effective date of the Plan, or (ii) the date of the most recent shareholder approval of an increase in the number of shares reserved for issuance under the Plan.
Found in BioCardia, Inc. contract
BioCardia, Inc. Contracts

BIOCARDIA, INC. 2002 STOCK PLAN (As amended January 29, 2007 600,000 Shares) (As amended June 19, 2008 444,858 Shares) (As amended March 17, 2009 250,000 Shares) (As amended... (Filed With SEC on October 27, 2016)

BIOCARDIA, INC. 2002STOCK PLAN (Filed With SEC on June 16, 2015)