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 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 affected Participant.
Found in Paratek Pharmaceuticals, Inc. contract
Paratek Pharmaceuticals, Inc. Contracts

PARATEK PHARMACEUTICALS, INC. 2015 INDUCEMENT PLAN ADOPTED: FEBRUARY 4, 2015 (Filed With SEC on February 10, 2015)

NEUROCRINE BIOSCIENCES INC Contracts

NEUROCRINE BIOSCIENCES, INC. INDUCEMENT PLAN ADOPTED: SEPTEMBER 15, 2014 AMENDED: OCTOBER 7, 2014 (Filed With SEC on November 4, 2014)

NEUROCRINE BIOSCIENCES, INC. INDUCEMENT PLAN ADOPTED: SEPTEMBER 15, 2014 AMENDED: OCTOBER 7, 2014 AMENDED: APRIL 29, 2015 (Filed With SEC on July 29, 2015)