Establishment, Purpose and Term of Plan Sample Clauses
ESTABLISHMENT, PURPOSE AND TERM OF PLAN 1.1 Establishment. The Kintera, Inc. 2000 Stock Option Plan (the "Plan") is hereby established effective as of October 16, 2000. 1.2 Purpose. The purpose of the Plan is to advance the interests of the Participating Company Group and its stockholders by providing an incentive to attract, retain and reward persons performing services for the Participating Company Group and by motivating such persons to contribute to the growth and profitability of the Participating Company Group. 1.3 Term of Plan. The Plan shall continue in effect until the earlier of its termination by the Board or the date on which all of the shares of Stock available for issuance under the Plan have been issued and all restrictions on such shares under the terms of the Plan and the agreements evidencing Options granted under the Plan have lapsed. However, all Options shall be granted, if at all, within ten (10) years from the earlier of the date the Plan is adopted by the Board or the date the Plan is duly approved by the stockholders of the Company.
ESTABLISHMENT, PURPOSE AND TERM OF PLAN. The Tetra Tech, Inc. Employee Stock Purchase Plan (the Plan) was originally established effective as of February 8, 1996. The purpose of the Plan is to provide employment incentives for, and to encourage stock ownership by, Eligible Employees (as defined in Section 3.1 of the Plan) of Tetra Tech, Inc. or any Subsidiary that maintains the Plan in order to increase their proprietary interest in the success of the Company. This amendment and restatement of the Plan is effective as of January 1, 2012 and applies to any Purchase Right Period beginning on or after that date. As amended and restated, the Plan includes two components, a Section 423 Component and a Non-423 Component. The Section 423 Component is intended to qualify as an employee stock purchase plan under Code Section 423, and the Plan shall be so construed. The Non-423 Component means the part of the Plan applicable to certain Subsidiaries that is not intended to meet the requirements set forth in Code Section 423. The Plan shall govern the terms and conditions of grants made under both the Section 423 Component and the Non-423 Component. Except as otherwise indicated below, the Non-423 Component will operate and be administered in the same manner as the Section 423 Component. The Plan shall continue in effect until the earlier of its termination by the Board or the date on which all of the shares of Common Stock available for issuance under the Plan have been issued.
ESTABLISHMENT, PURPOSE AND TERM OF PLAN 1.1 Establishment. The California United Bank (the Bank) 2007 Equity and Incentive Plan (the Plan) was established effective as of June 1, 2007, the date of its approval by the stockholders of the Bank. 1.