Effective Date and Term of Plan Sample Clauses

Effective Date and Term of Plan. The Plan shall become effective on the date on which it is adopted by the Board. No Awards shall be granted under the Plan after the expiration of 10 years from the earlier of (i) the date on which the Amended and Restated version of the Plan was adopted by the Board or (ii) the date the Amended and Restated version of the Plan was approved by the Company’s stockholders, but Awards previously granted may extend beyond that date.
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Effective Date and Term of Plan. The Plan shall become effective on the later of the date on which it is adopted by the Committee or the date on which it is approved by the Company's shareholders (the "Effective Date). No Awards shall be granted under the Plan after the completion of ten years from the Effective Date, but Awards previously granted may extend beyond that date. Notwithstanding any provision of this Plan to the contrary, if the Company has executed a definitive acquisition or similar agreement pursuant to which a Change in Control will occur upon the closing of the transaction(s) contemplated thereby, the Committee, in its sole discretion, may treat the execution of such agreement itself as triggering a Change in Control.
Effective Date and Term of Plan. The Plan shall be effective for Performance Periods beginning on or after the later of the date it is adopted by the Committee or the date it is approved by the Company's stockholders of the Company (the "Effective Date"). This Plan shall terminate as of the tenth anniversary of the Effective Date, unless terminated earlier by the Committee. In the event that this Plan is not approved by the stockholders of the Company, this Plan shall be null and void.
Effective Date and Term of Plan. The Plan shall become effective upon the earlier to occur of its adoption by the Board or its approval by the shareholders of the Company. It shall continue in effect for a term of ten (10) years unless sooner terminated. Subject to Section 17, below, and Applicable Laws, Awards may be granted under the Plan upon its becoming effective.
Effective Date and Term of Plan. The Plan shall be effective as of October 1, 1998 and Awards may be granted to Eligible Associates on and after that date. Unless the Board of Directors of the Company shall approve an extension or renewal of the Plan for such additional term as it may determine, no Awards shall be granted after September 30, 2001. However, all Awards granted under the Plan prior to such date shall remain in effect until such Awards shall have been satisfied, terminated, paid out, or expired, in accordance with the Plan and the terms of such Awards.
Effective Date and Term of Plan. The Plan shall become effective upon such date as it may be approved by the shareholders of the Company and shall remain in effect for seven years from the date on which it is so approved or until termination by the Board, whichever occurs first.
Effective Date and Term of Plan. The Plan will become effective on the closing of the transactions contemplated by the Merger Agreement (the “Effective Date”). Notwithstanding anything to the contrary in the Plan, an Incentive Stock Option may not be granted under the Plan after 10 years from the earlier of (i) the date the Board adopted the Plan or (ii) the date on which the Company’s stockholders approve the Plan, but Incentive Stock Options previously granted may remain outstanding after that date in accordance with the Plan. If the Plan is not approved by the Company’s stockholders, the Plan will not become effective and no Awards will be granted under the Plan.
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Effective Date and Term of Plan. The Plan shall become effective as of the date of the Effective Time (the “Effective Date”). No Awards shall be granted under the Plan after the expiration of 10 years from May 20, 2014, but Awards previously granted may extend beyond that date.
Effective Date and Term of Plan. The Plan, as amended and restated, shall be effective as of December 9, 2010 and shall continue in effect through December 31, 2014; provided, however, that commencing on December 31, 2014 and on each December 31 thereafter, the Plan shall automatically be extended for one additional year by adding one year to the last day of the term as then in effect unless, not later than November 30 of such year, the Company shall have given notice to the Participants that the term of the Plan will not be extended; provided, further, that if a Change of Control occurs during the original or any extended term of the Plan, the term of the Plan shall continue in effect for a period of not less than twenty-four (24) months beyond the month in which such Change of Control occurred.
Effective Date and Term of Plan. (a) The Plan shall become effective only after (i) it has been approved by the stockholders of the Company at the 1998 Annual Meeting of Stockholders and (ii) the Company shall have completed an initial public offering.
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