Term of the Plan. Unless sooner terminated by the Board pursuant to Section 14, the Plan shall terminate on the date ten years after its adoption by the Board, and no Options or Restricted Stock may be granted after termination. The termination shall not affect the validity of any Option or Restricted Stock outstanding on the date of termination.
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Samples: Union Planters Corp, Union Planters Corp, Union Planters Corp
Term of the Plan. Unless sooner terminated by the Board pursuant to Section Article 14, the Plan shall will terminate on the date ten years after its adoption by the Board, and no Options or Options, Rights, Performance Units, Restricted Stock or Incentive Shares may be granted or awarded after termination. The termination shall will not affect the validity of any Option or Option, Right, Performance Unit, Restricted Stock or Incentive Shares outstanding on the date of termination.
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Term of the Plan. Unless sooner terminated by the Board pursuant to Section 14Article 13, the Plan shall terminate on the date ten years after its adoption by the BoardMay 13, 2009, and no Options or Options, Rights, Restricted Stock or Incentive Shares may be granted or awarded after terminationsuch date. The termination Termination of the Plan shall not affect the validity of any Option or Restricted Stock Award outstanding on the date of termination.
Appears in 1 contract
Samples: Premier National Bancorp Inc
Term of the Plan. Unless sooner terminated by the Board pursuant to Section 14Article 12, the Plan shall will terminate on the date ten years after its adoption by the Board, and no Options or Restricted Stock may be granted or awarded after termination. The termination shall will not affect the validity of any Option or Restricted Stock outstanding on the date of termination.
Appears in 1 contract
Samples: Universal Document MGMT Systems Inc