Termination of the Plan Clause Example with 4 Variations from Business Contracts

This page contains Termination of the Plan 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.
Termination of the Plan. The Plan and all rights of Employees hereunder shall terminate: (a) on the Exercise Date that Participants would become entitled to purchase a number of shares greater than the number of reserved shares remaining available for purchase under the Plan if the final sentence in this Section 18 were not applied; or (b) at any time, at the discretion of the Board. 10 In the event that the Plan terminates under circumstances described in Section 18(a) above, reserved shares remaining as of the termina...tion date shall be sold to Participants on a pro rata basis. View More
Found in Western Digital contract

Variations of a "Termination of the Plan" Clause from Business Contracts

Termination of the Plan. The Plan and all rights of Employees hereunder shall terminate: terminate on the earliest of: (a) on the Exercise Date that Participants would become entitled to purchase a number of shares greater than the number of reserved shares remaining available for purchase under the Plan if Plan; (b) such date as is determined by the final sentence Board in this Section 18 were not applied; its discretion; or (b) at any time, at (c) the discretion tenth anniversary of the Board. 10 Effective Date. In th...e event that the Plan terminates under circumstances described in Section 18(a) 19(a) above, reserved shares remaining as of the termination date shall be sold to Participants on a pro rata basis. View More
Found in American Outdoor Brands, Inc. contract
Termination of the Plan. The Plan and all rights of Employees hereunder shall terminate: (a) on the Exercise Date that Participants would become entitled to purchase a number of shares greater than the number of reserved shares remaining available for purchase under the Plan if the final sentence in this Section 18 were not applied; or (b) at any time, at the discretion of the Board. 10 In the event that the Plan terminates under circumstances described in Section 18(a) above, reserved shares remaining as of the termina...tion date shall be sold to Participants on a pro rata basis. 10 19. Notices. All notices or other communications by a Participant to the Company under or in connection with the Plan shall be deemed to have been duly given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof. View More
Found in Western Digital contract
Termination of the Plan. The Plan and all rights of Employees hereunder shall terminate: terminate on the earliest of: (a) on the Exercise Date that Participants would become entitled to purchase a number of shares greater than the number of reserved shares remaining available for purchase under the Plan if the final sentence in this Section 18 were not applied; Plan; or (b) at any time, at such date as is determined by the discretion of the Board. 10 Board in its discretion. In the event that the Plan terminates under ...circumstances described in Section 18(a) 19(a) above, reserved shares remaining as of the termination date shall be sold to Participants on a pro rata basis. View More
Found in Synaptics contract
Termination of the Plan. The Plan and all rights of Eligible Employees hereunder shall terminate: (a) on the Exercise Date that Participants would become entitled to purchase a number of shares greater than the number of reserved shares remaining available for purchase under the Plan if the final sentence in this Section 18 were not applied; Plan; or (b) at any time, at the discretion of the Board. 10 5 In the event that the Plan terminates under circumstances described in Section 18(a) 15(a) above, reserved shares rema...ining as of the termination date shall be sold to Participants on a pro rata basis. View More
Found in Waste Management Inc. contract