Common use of Term of Plan Clause in Contracts

Term of Plan. The Plan shall become effective upon its adoption by the Board and shall continue in effect for a term of 10 years unless sooner terminated under Section 14 below.

Appears in 5 contracts

Samples: Network Betanet Node Agreement, Network Betanet Node Agreement, media.orrick.com

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Term of Plan. The Plan shall become effective upon its adoption by the Board and shall continue in effect for a term of 10 years unless sooner terminated under Section 14 13 below.

Appears in 4 contracts

Samples: Share Transfer and Exchange Agreement (IBEX Holdings LTD), Share Transfer and Exchange Agreement (IBEX Holdings LTD), Share Transfer and Exchange Agreement (IBEX Holdings LTD)

Term of Plan. The Plan shall become effective upon its adoption by the Board and Board. It shall continue in effect for a term of 10 years ten (10) years, unless sooner terminated under Section 14 belowof the Plan.

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement, Stock Option Agreement (Novellus Systems Inc)

Term of Plan. The Subject to Section 20 of the Plan, the Plan shall become effective upon its adoption by the Board and Board. It shall continue in effect for a term of 10 ten (10) years unless sooner terminated earlier under Section 14 below16 of the Plan.

Appears in 2 contracts

Samples: Medtronic Inc, Medtronic Inc

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Term of Plan. The Plan shall become effective upon its adoption by the Board and Board. It shall continue in effect for a term of 10 years unless sooner until terminated under Section 14 belowof the Plan.

Appears in 1 contract

Samples: 1996 Nonstatutory Stock Option Plan and Stock Option Agreement (Metatools Inc)

Term of Plan. The Plan shall become effective upon its adoption by the Board and ------------ Board. It shall continue in effect for a term of 10 years ten (10) years, unless sooner terminated under Section 14 belowof the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Efficient Networks Inc)

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