Termination or Suspension of the Plan Clause Example from Business Contracts

This example Termination or Suspension of the Plan clause appears in 3 contracts from 1 company

Termination or Suspension of the Plan. (a) Plan Term. The Board may suspend or terminate the Plan at any time. Unless sooner terminated, the Plan shall terminate on April 1, 2026. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated, but all Awards made prior to such time will continue in effect after such suspension or termination subject to the terms thereof and of this Plan. (b) No Impairment of Rights. Suspension or termination of the Plan shall not impair rights and obligations under any ...Award granted while the Plan is in effect except with the written consent of the affected Participant. View More
Found in Synopsys Inc. contract
Synopsys Inc. Contracts

2006 Employee Equity Incentive Plan, as amended (Filed With SEC on April 15, 2020)

2006 Employee Equity Incentive Plan, as amended (Filed With SEC on April 12, 2021)

2006 Employee Equity Incentive Plan, as amended (Filed With SEC on April 15, 2022)