Term Stockholder Approval Clause Example with 7 Variations from Business Contracts
This page contains Term Stockholder Approval 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 Stockholder Approval. This Plan will become effective on the Effective Date. This Plan shall be approved by the stockholders of the Company, in any manner permitted by applicable corporate law, within twelve (12) months before or after the date this Plan is adopted by the Board. No purchase of shares that are subject to such stockholder approval before becoming available under this Plan shall occur prior to stockholder approval of such shares and the Board or Committee may delay any Purchase Date and postpone the com...mencement of any Offering Period subsequent to such Purchase Date as deemed necessary or desirable to obtain such approval (provided that if a Purchase Date would occur more than twenty-four (24) months after commencement of the Offering Period to which it relates, then such Purchase Date shall not occur and instead such Offering Period shall terminate without the purchase of such shares and Participants in such Offering Period shall be refunded their Contributions without interest). This Plan shall continue until the earlier to occur of (a) termination of this Plan by the Board (which termination may be effected by the Board at any time pursuant to Section 25 below), (b) issuance of all of the shares of Common Stock reserved for issuance under this Plan, or (c) the tenth anniversary of the Effective Date under the Plan.View More
Variations of a "Term Stockholder Approval" Clause from Business Contracts
Term Stockholder Approval. This Plan will become effective on the Effective Date. This Plan shall be approved by the stockholders of the Company, in any a manner permitted by applicable corporate law, that complies with Treasury Regulation Section 1.423-2(c), within twelve (12) months before or after the date this Plan is adopted by the Board. Subject to the foregoing, the Plan will become effective on the Effective Date. No purchase of shares Shares that are subject to such stockholder approval before becoming available ...under this Plan shall occur prior to stockholder approval of such shares Shares and the Board or Committee may delay any Purchase Date and postpone the commencement of any Offering Period subsequent to such Purchase Date as deemed necessary or desirable to obtain such approval (provided that if a Purchase Date would occur more than twenty-four (24) six (6) months after commencement of the Offering Period to which it relates, then such Purchase Date shall not occur and instead such Offering Period shall terminate without the purchase of such shares Shares and Participants in such Offering Period shall be refunded their Contributions without interest). This Plan shall continue until the earlier to occur of (a) termination of this Plan by the Board (which termination may be effected by the Board at any time pursuant to Section 25 below), (b) issuance of all of the shares of Common Stock Shares reserved for issuance under this Plan, or (c) the tenth anniversary of the Effective Date under the Plan. Date. View More
Term Stockholder Approval. This Plan will become effective on the Effective Date. This Plan shall will be approved by the stockholders of the Company, in any manner permitted by applicable corporate law, Company within twelve (12) months before or after the date this Plan is adopted by the Board. No purchase of shares that are subject to such stockholder approval before becoming available under this Plan shall will occur prior to stockholder approval of such shares shares, and the Board or Committee may delay any Purchase... Date and postpone the commencement of any Offering Period subsequent to such Purchase Date as deemed necessary or desirable to obtain such approval (provided that if a Purchase Date would occur more than twenty-four (24) months after commencement of the Offering Period to which it relates, then such Purchase Date shall will not occur occur, and instead such Offering Period shall will terminate without the purchase of such shares and Participants in such Offering Period shall will be refunded their Contributions contributions without interest). interest, unless the payment of interest is required under local laws). This Plan shall will continue until the earlier to occur of (a) termination of this Plan by the Board (which termination may 6 be effected by the Board at any time pursuant to Section 25 below), (b) issuance of all of the shares of Common Stock reserved for issuance under this Plan, or (c) the tenth anniversary of the Effective first Purchase Date under the Plan. View More
Term Stockholder Approval. This Plan will become effective on the Effective Date. This Plan Plan, as amended, shall be approved by the stockholders of the Company, in any manner permitted by applicable corporate law, within twelve (12) months before or after the date this Plan is adopted by the Board. No purchase of shares that are subject to such stockholder approval before becoming available under this Plan shall occur prior to stockholder approval of such shares and the Board or Committee may delay any Purchase Date an...d postpone the commencement of any Offering Period subsequent to such Purchase Date as deemed necessary or desirable to obtain such approval (provided that if a Purchase Date would occur more than twenty-four (24) months after commencement of the Offering Period to which it relates, then such Purchase Date shall not occur and instead such Offering Period shall terminate without the purchase of such shares and Participants in such Offering Period shall be refunded their Contributions without interest). approval. This Plan shall continue until the earlier to occur of (a) termination of this Plan by the Board (which termination may be effected by the Board at any time pursuant to Section 25 below), (b) issuance of all of the shares of Common Stock reserved for issuance under this Plan, or (c) the tenth anniversary of the Effective first Purchase Date under the Plan. View More
Term Stockholder Approval. This Plan will become effective on the Effective Date. This Plan shall will be approved by the stockholders of the Company, in any manner permitted by applicable corporate law, Company within twelve (12) months before or after the date this Plan is adopted by the Board. No purchase of shares that are subject to such stockholder approval before becoming available under this Plan shall will occur prior to stockholder approval of such shares shares, and the Board or Committee may delay any Purchase... Date and postpone the commencement of any Offering Period subsequent to such Purchase Date as deemed necessary or desirable to obtain such approval (provided (provided, that if a Purchase Date would occur more than twenty-four (24) months after commencement of the Offering Period to which it relates, then such Purchase Date shall will not occur occur, and instead such Offering Period shall will terminate without the purchase of such shares and Participants in such Offering Period shall will be refunded their Contributions contributions without interest). interest unless the payment of interest is required under local laws). This Plan shall will continue until the earlier to occur of (a) termination of this Plan by the Board (which termination may be effected by the Board at any time pursuant to Section 25 below), (b) issuance of all of the shares of Common Stock reserved for issuance under this Plan, or (c) the tenth anniversary of the Effective first Purchase Date under the Plan. View More
Term Stockholder Approval. This Plan will become effective on the Effective Date. This Plan shall will be approved by the stockholders of the Company, in any manner permitted by applicable corporate law, within twelve (12) months before or after the date this Plan is adopted by the Board. No purchase of shares that are subject to such stockholder approval before becoming available under this Plan shall will occur prior to stockholder approval of such shares 9 and the Board or Committee may delay any Purchase Date and post...pone the commencement of any Offering Period subsequent to such Purchase Date as deemed necessary or desirable to obtain such approval (provided that if a Purchase Date would occur more than twenty-four (24) months after commencement of the Offering Period to which it relates, then such Purchase Date shall will not occur and instead such Offering Period shall will terminate without the purchase of such shares and Participants in such Offering Period shall will be refunded their Contributions contributions without interest). interest unless the payment of interest is required under local laws). This Plan shall will continue until the earlier to occur of (a) termination of this Plan by the Board (which termination may be effected by the Board at any time pursuant to Section 25 below), (b) issuance of all of the shares of Common Stock reserved for issuance under this Plan, or (c) the tenth anniversary of the Effective first Purchase Date under the Plan. View More
Term Stockholder Approval. This Plan will become effective on the Effective Date. This Plan shall will be approved by the stockholders of the Company, in any manner permitted by applicable corporate law, within twelve (12) months before or after the date this Plan is adopted by the Board. No purchase of shares that are subject to such stockholder approval before becoming available under this Plan shall will occur prior to stockholder approval of such shares and the Board or Committee may delay any Purchase Date and postpo...ne the commencement of any Offering Period subsequent to such Purchase Date as deemed necessary or desirable to obtain such approval (provided that if a Purchase Date would occur more than twenty-four (24) months after commencement of the Offering Period to which it relates, then such Purchase Date shall will not occur and instead such Offering Period shall will terminate without the purchase of such shares and Participants in such Offering Period shall will be refunded their Contributions contributions without interest). interest unless the payment of interest is required under local laws). This Plan shall will continue until the earlier to occur of (a) termination of this Plan by the Board (which termination may be effected by the Board at any time pursuant to Section 25 below), (b) issuance of all of the shares of Common Stock reserved for issuance under this Plan, or (c) the tenth anniversary of the Effective first Purchase Date under the Plan. View More
Term Stockholder Approval. This Plan will become effective on the Effective Date. This Plan shall will be approved by the stockholders of the Company, Redfin, in any manner permitted by applicable 7 corporate law, within twelve (12) months before or after the date this Plan is adopted by the Board. No purchase of shares that are subject to such stockholder approval before becoming available under this Plan shall will occur prior to stockholder approval of such shares and the Board or Committee may delay any Purchase Date ...and postpone the commencement of any Offering Period subsequent to such Purchase Date as deemed necessary or desirable to obtain such approval (provided that if a Purchase Date would occur more than twenty-four (24) months after commencement of the Offering Period to which it relates, then such Purchase Date shall will not occur and instead such Offering Period shall will terminate without the purchase of such shares and Participants in such Offering Period shall will be refunded their Contributions contributions without interest). This Plan shall will continue until the earlier to occur of (a) termination of this Plan by the Board (which termination may be effected by the Board at any time pursuant to Section 25 below), (b) issuance of all of the shares of Common Stock reserved for issuance under this Plan, or (c) the tenth anniversary of the Effective first Purchase Date under the Plan. View More
