Effective Date Objectives and Duration Clause Samples

The 'Effective Date, Objectives and Duration' clause establishes when an agreement begins, outlines its main goals, and specifies how long it will remain in force. Typically, this clause identifies the exact date the contract becomes legally binding, summarizes the intended outcomes or purposes of the agreement, and sets a fixed term or conditions for renewal or termination. By clearly defining these elements, the clause ensures all parties understand when their obligations start, what they are working toward, and how long their commitments last, thereby preventing confusion and disputes over the contract’s timeline and intent.
Effective Date Objectives and Duration. 1.1 Effective Date of the Plan. RetinalGenix Technologies Inc., a Delaware corporation (the “Company”), hereby establishes the RetinalGenix Technologies Inc. 2017 Equity Incentive Plan (the “Plan”) as set forth herein effective December 1, 2017 (“Effective Date”), subject to approval by the Company’s stockholders.
Effective Date Objectives and Duration. 1.1 Effective Date of the Plan - Amendment and Restatement. Amber Road, Inc. (the “Company”), adopted the 2012 Omnibus Incentive Compensation Plan (the “Plan”) on October 24, 2012 (the “Effective Date”). The Plan was approved by the Company’s stockholders on October 12, 2013. The Plan, was amended and restated effective as of January 29, 2014, as set forth herein, subject to approval by the Company’s stockholders.
Effective Date Objectives and Duration. 1.1 Effective Date of the Plan. The Board of Directors of iCAD, Inc., a Delaware corporation (the “Company”), adopted the 2024 Omnibus Equity Incentive Plan (the “Plan”) on April 25, 2024, as set forth herein, and became effective on June 13, 2024, upon approval by the Company’s stockholders (the “Effective Date”).
Effective Date Objectives and Duration