Term of Plan Clause Example from Business Contracts

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

Term of Plan. The Plan will become effective upon the later to occur of (i) its adoption by the Board or (ii) its approval by the stockholders of the Company. It will continue in effect for a term of twenty (20) years, unless sooner terminated under Section 20.
Found in Oric Pharmaceuticals, Inc. contract
Oric Pharmaceuticals, Inc. Contracts

2020 Employee Stock Purchase Plan and forms of agreements thereunder, to be in effect upon the completion of this offering (Filed With SEC on April 20, 2020)

2020 Employee Stock Purchase Plan and forms of agreement thereunder (Filed With SEC on November 8, 2021)

Applied Molecular Transport Inc. Contracts

2020 Employee Stock Purchase Plan, to be in effect upon completion of this offering (Filed With SEC on June 1, 2020)

2020 Employee Stock Purchase Plan (Filed With SEC on March 19, 2021)