Term of Plan Clause Example from Business Contracts

This example Term of Plan clause appears in 9 contracts from 7 companies

Term of Plan. The Plan shall become effective upon its adoption by the Board of Directors. It shall continue in effect for a term of ten (10) years unless sooner terminated under Section 16 below.
Kodiak Sciences Inc. Contracts

2015 Share Incentive Plan (Filed With SEC on September 7, 2018)