Term of Plan Clause Example from Business Contracts

This example Term of Plan clause appears in 4 contracts from 3 companies

Term of Plan. The Plan will become effective upon the earlier to occur of its adoption by the Board or its approval by the stockholders of the Company. It will continue in effect for a term of ten (10) years, unless sooner terminated under Section 20.
Found in Tesla contract
Tesla Contracts

TESLA, INC. 2010 EMPLOYEE STOCK PURCHASE PLAN (as amended and restated effective August 3, 2011) (as further amended and restated effective February1, 2017) (Filed With SEC on March 1, 2017)

TESLA MOTORS, INC. 2010 EMPLOYEE STOCK PURCHASE PLAN (As Amended and Restated Effective August 3, 2011) (Filed With SEC on February 24, 2016)

FB Financial Corp Contracts

FB FINANCIAL CORPORATION 2016 EMPLOYEE STOCK PURCHASE PLAN (Filed With SEC on September 6, 2016)

MaxLinear, Inc. Contracts

MAXLINEAR, INC. 2010 EMPLOYEE STOCK PURCHASE PLAN Amended February 4, 2011 Amended November 4, 2011 Amended October 30, 2012 (Filed With SEC on February 6, 2013)