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. No Options 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 Option granted while the Plan is in effect except with the written consent of the Optionholder.
Found in GTX INC contract
GTX INC Contracts

GTX, INC. AMENDED AND RESTATED 2004 NON-EMPLOYEE DIRECTORS STOCK OPTION PLAN Adopted January 14, 2004 Approved by Stockholders January 14, 2004 Amended and Restated on February... (Filed With SEC on March 24, 2017)

Alexza Pharmaceuticals Inc. Contracts

ALEXZA PHARMACEUTICALS, INC. 2005 NON-EMPLOYEE DIRECTORS STOCK OPTIONPLAN ADOPTED: DECEMBER 7, 2005 APPROVED BY STOCKHOLDERS: FEBRUARY 13, 2006 AMENDED: SEPTEMBER 23, 2010... (Filed With SEC on November 6, 2013)