Common use of Term of Plan Clause in Contracts

Term of Plan. The Plan shall continue in effect for a term of ten (10) years from its effective date as determined under Section 20 below, unless the Plan is sooner terminated under Section 17 below.

Appears in 11 contracts

Samples: Award Agreement (Commerce Energy Group Inc), Stock Option Award Agreement (Commerce Energy Group, Inc.), 2005 Stock Incentive Plan (Vapotherm Inc)

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Term of Plan. The Plan shall continue in effect for a term of ten (10) years from its effective date as determined under Section 20 18 below, unless the Plan is sooner terminated under Section 17 15 below.

Appears in 3 contracts

Samples: Restricted Share Award Agreement (Commerce Energy Group, Inc.), Indemnification Agreement (Commerce Energy Group, Inc.), Stock Option Award Agreement (Commerce Energy Group, Inc.)

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Term of Plan. The Plan shall continue in effect for a term of ten (10) years from its effective date as determined under Section 20 15 below, unless the Plan is sooner terminated under Section 17 15 below.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Commerce Energy Group, Inc.), Restricted Share Award Agreement (Commerce Energy Group, Inc.)

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