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. (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.
Found in Synopsys Inc. contract
Synopsys Inc. Contracts

2006 Employee Equity Incentive Plan, as amended (Filed With SEC on April 6, 2018)

SYNOPSYS, INC. 2006 EMPLOYEE EQUITY INCENTIVE PLAN ADOPTED BY THE BOARD OF DIRECTORS: MARCH 3, 2006 APPROVED BY THE STOCKHOLDERS: APRIL 25, 2006 AS AMENDED BY THE BOARD OF... (Filed With SEC on April 4, 2014)

SYNOPSYS, INC. 2006EMPLOYEE EQUITY INCENTIVE PLAN ADOPTED BY THE BOARD OF DIRECTORS: MARCH 3, 2006 APPROVED BY THE STOCKHOLDERS: APRIL 25, 2006 AS AMENDED BY THE BOARD OF... (Filed With SEC on April 10, 2017)