Termination of the Plan Clause Example from Business Contracts

Termination of the Plan. The Plan will terminate on September 6, 2022, the date which is ten years from the earlier of the date of its adoption by the Board of Directors and the date of its approval by the shareholders of the Company. The Plan may be terminated at an earlier date by vote of the shareholders or the Board of Directors of the Company; provided, however, that any such earlier termination shall not affect any Agreements executed prior to the effective date of such termination. Termination of the Plan shall n...ot affect any Stock Rights theretofore granted. View More