Termination or Suspension of the Plan Contract Clauses (416)

Grouped Into 14 Collections of Similar Clauses From Business Contracts

This page contains Termination or Suspension of the Plan clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
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 stockholders of the Company, whichever is earlier. 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 a...ny Stock Award granted while the Plan is in effect except with the written consent of the Participant. 15 14. Effective Date of Plan. The Plan shall become effective as determined by the Board, but no Stock Award shall be exercised (or, in the case of a stock bonus, shall be granted) unless and until the Plan has been approved by the stockholders of the Company, which approval shall be within twelve (12) months before or after the date the Plan is adopted by the Board. View More Arrow
Found in CHIMERIX INC contract
Termination or Suspension of the Plan. (a) Plan Term. The Plan shall have no fixed expiration date; however, the Board may suspend or terminate the Plan at any time. Unless sooner terminated, Notwithstanding the foregoing, Incentive Stock Options may not be granted under the Plan shall terminate on the day before the tenth (10th) anniversary of more than ten (10) years after the date the Plan (or any amendment to the Plan that constitutes the adoption of a new plan for purposes of Section 422 of the Code) is adopted by the Board or a...pproved by the stockholders shareholders of the Company, whichever is earlier. No Stock Awards may be granted under the Plan while the Plan is suspended or after it is terminated. No Stock Awards may be granted under the Plan after the Listing Date. (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. 15 -11- 2006 Equity Incentive Plan 14. Effective Date of Plan. EFFECTIVE DATE OF PLAN. The Plan shall become effective as determined by the Board, but no Stock Award shall be exercised (or, in the case of a stock bonus, shall be granted) unless and until the Plan has been approved by the stockholders shareholders of the Company, which approval shall be within twelve (12) months before or after the date the Plan is adopted by the Board. View More Arrow
Found in AVALARA, INC. contract
Termination or Suspension of the Plan. (a) Plan Term. The Board may suspend or terminate the Plan at any time. Unless sooner terminated, terminated by the Board pursuant to Section 3, the Plan shall automatically terminate on the day before the tenth (10th) anniversary of the date the Plan is adopted by the Board or approved by the stockholders of the Company, whichever is earlier. 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 terminatio...n 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. 15 14 Effective Date of Plan. 14. EFFECTIVE DATE OF PLAN. The Plan shall become effective as determined upon its adoption by the Board, but no Stock Award shall be exercised (or, in the case of a stock bonus, shall be granted) unless and until the Plan has been approved by the stockholders of the Company, which approval shall be within twelve (12) months before or after the date the Plan is adopted by the Board. View More Arrow
Found in RIGEL PHARMACEUTICALS INC contract
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Termination or Suspension of the Plan. The Board or the Committee 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 stockholders of the Company approve the Plan. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated; provided, however, that following any suspension or termination of the Plan, the Plan shall remain in effect for the purpose of governing all Awards then outstanding hereu...nder until such time as all Awards under the Plan have been terminated, forfeited, or otherwise canceled, or earned, exercised, settled, or otherwise paid out, in accordance with their terms. View More Arrow
Found in Sacks Parente Golf, Inc. contract
Termination or Suspension of the Plan. The Board or the Committee 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 Effective Date, or, if later, the stockholders tenth (10th) anniversary of any amendment and/or restatement of the Company approve Plan that is approved by the Plan. Company's stockholders. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated; provided, however, that followi...ng any suspension or termination of the Plan, the Plan shall remain in effect for the purpose of governing all Awards then outstanding hereunder until such time as all Awards under the Plan have been terminated, forfeited, or otherwise canceled, or earned, exercised, settled, or otherwise paid out, in accordance with their terms. 24 20. Effective Date of the Plan. The Plan is effective as of the Effective Date. View More Arrow
Found in CenturyLink Inc contract
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Termination or Suspension of the Plan. (a) The Committee may suspend or terminate the Plan at any time. Unless sooner terminated, the Plan shall terminate ten (10) years from the date the Plan is adopted by the Board or approved by the shareholders of the Company, whichever is earlier. Upon termination of the Plan, all Option Awards shall become fully vested. No Option Awards may be granted under the Plan while the Plan is suspended or after it is terminated. (b) Rights and obligations under any Option Award granted while the Plan is... in effect shall not be altered or impaired by suspension or termination of the Plan, except with the consent of the person to whom the Option Award was granted. View More Arrow
Found in GTX INC contract
Termination or Suspension of the Plan. (a) The Committee may suspend or terminate the Plan at any time. Unless sooner terminated, the Plan shall terminate ten (10) years from the date the Plan is adopted by the Board or approved by the shareholders of the Company, whichever is earlier. Upon termination of the Plan, all Option Awards shall become fully vested. No Option Awards may be granted under the Plan while the Plan is suspended or after it is terminated. Upon the termination of the Plan, all Option Awards shall become fully vest...ed. (b) Rights and obligations under any Option Award granted while the Plan is in effect shall not be altered or impaired by suspension or termination of the Plan, except with the consent of the person to whom the Option Award was granted. View More Arrow
Found in GTX INC contract
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Termination or Suspension of the Plan. (a) The Board may suspend or terminate the Plan at any time. Unless sooner terminated, the Plan shall terminate on December 31, 2012 (which shall be within ten (10) years from the date the Plan is adopted by the Board or approved by the shareholders of the Company, whichever is earlier.) No Stock Awards may be granted under the Plan while the Plan is suspended or after it is terminated. (b) Rights and obligations under any Stock Award granted while the Plan is in effect shall not be altered or i...mpaired by suspension or termination of the Plan, except with the consent of the person to whom the Stock Award was granted. View More Arrow
Found in AIRGAIN INC contract
Termination or Suspension of the Plan. (a) The Board may suspend or terminate the Plan at any time. Unless sooner terminated, the Plan shall terminate on December 31, 2012 (which shall be within ten (10) years from the date the Plan is adopted by the Board or approved by the shareholders stockholders of the Company, whichever is earlier.) earlier. No Stock Awards may be granted under the Plan while the Plan is suspended or after it is terminated. (b) Rights and obligations under any Stock Award granted while the Plan is in effect sha...ll not be altered or impaired by suspension or termination of the Plan, except with the consent of the person to whom the Stock Award was granted. View More Arrow
Found in Digital Development Group Corp contract
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