Common use of Plan Duration Clause in Contracts

Plan Duration. 8.1 This Plan shall commence with effect from the Commencement Date (as defined in Section 14.1) and shall terminate upon:- (a) the expiration or termination of the Master Plan; or (b) the termination of this Plan in accordance with the provisions of Section 10.1 or Section 13.1 hereof, whichever is the earliest to occur. 8.2 Shares may not be awarded after the Plan is terminated; provided that (for the avoidance of doubt) if the terms of any award made prior to the termination date of the Plan provide for the vesting of Shares thereunder to occur upon or after such termination date, then such award and the vesting of Shares thereunder shall not be prejudiced by the termination of the Plan.