Termination or Suspension of the Plan Clause Example from Business Contracts

This example Termination or Suspension of the Plan clause appears in 2 contracts from 2 companies

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 the day before the tenth (10th) anniversary of the date the Plan is adopted by the Board or approved by the shareholders of the Company, whichever is later. No Stock Awards may be granted under the Plan while the Plan is suspended or after it is terminated. (b) No Impairment of Rights. Suspension or termination of the Plan shall not impair rights and obligations under any... Stock Award granted while the Plan is in effect except with the written consent of the Participant. View More Arrow
Found in Vroom, Inc. contract
Vroom, Inc. Contracts

Second Amended & Restated 2014 Equity Incentive Plan, as amended (Filed With SEC on May 18, 2020)

bioAffinity Technologies, Inc. Contracts

2014 Equity Incentive Plan of Registrant, as amended (Filed With SEC on May 25, 2022)