Term of this Plan Sample Clauses

Term of this Plan. Unless sooner terminated by the Board pursuant to Section 11, this Plan shall terminate on July 31, 2011, and no Awards may be made after such date. The termination of this Plan shall not affect the validity of any Award outstanding on the date of termination.
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Term of this Plan. No Award shall be granted after March 3, 2004 (the "Termination Date"). Unless otherwise expressly provided in this Plan or in an applicable Award Agreement, any Award theretofore granted may extend beyond such date, and all authority of the Committee with respect to Awards hereunder, including its authority to amend an Award, shall continue during any suspension of this Plan and in respect of outstanding Awards on such Termination Date.
Sample 1
Term of this Plan. This PLAN shall have no established term and shall commence on the 31st of March, 1999 and end on the date on which MAXCOM, after resolution by its BOARD, agrees to terminate it; provided, however that upon termination of this PLAN, the OPTIONS which have been made prior to the date of such termination shall remain in full force and effect. This Stock Subscription Plan is attached to, and forms part of the notice delivered by the BOARD to each BENEFICIARY on the date on which they have been designated as BENEFICIARIES both of the OPTION and the Subscription Agreements entered into by and between MAXCOM and/or the TRUSTEE of the TRUST and/or the BENEFICIARY; and the parties expressly represent that they know this PLAN and that they expressly accept each and all of the terms, conditions and other provisions established herein. The BENEFICIARY The BOARD By: Title: PLAN AUTHORIZED BY “MAXCOM TELECOMUNICACIONES, S.A. DE C.V.” FOR SUBSCRIPTION OF SHARES REPRESENTING THE CAPITAL STOCK OF THE CORPORATION ATTACHMENT 1: PLAN FOR EACH BENEFICIARY (ONLY AS A WAY OF AN EXAMPLE) BENEFICIARY: JXXX XXX PERIOD 1 SHARES OF THE STOCK TO BE CONSIDERED AS AN EARNED RIGHT REQUIREMENTS TO BE MET EARNED STOCK TO CONTINUE PROVIDING PROFESSIONAL SERVICES TO MAXCOM OR ANY OF ITS SUBSIDIARIES ON APRIL 1, 1999, OR TO HAVE COMPLETED HIS LABOR AGREEMENT WITH THE COMPANY AND WHICH HAS NOT BEEN RENEWED BY MAXCOM 2,500 SHARES OF THE STOCK TO BE RELEASED RELEASE DATE RELEASABLE STOCK (SHARES) APRIL 1, 1999 500 APRIL 1, 2000 500 APRIL 1, 2001 500 APRIL 1, 2002 500 APRIL 1, 2003 500 PERIOD 2 PROGRAM 1: SHARES OF THE STOCK TO BE CONSIDERED AS AN EARNED RIGHT REQUIREMENTS TO BE MET EARNED STOCK TO CONTINUE PROVIDING PROFESSIONAL SERVICES TO MAXCOM OR ANY OF ITS SUBSIDIARIES ON APRIL 1, 2000 OR TO HAVE COMPLETED HIS LABOR AGREEMENT WITH THE COMPANY AND WHICH HAS NOT BEEN RENEWED BY MAXCOM 2,500 PROGRAM 1: SHARES OF THE STOCK TO BE RELEASED RELEASE DATE RELEASABLE STOCK (SHARES) APRIL 1, 2000 500 APRIL 1, 2001 500 APRIL 1, 2002 500 APRIL 1, 2003 500 APRIL 1, 2004 500 PROGRAM 2: SHARES OF THE STOCK TO BE CONSIDERED AS AN EARNED RIGHT REQUIREMENTS TO BE MET: THAT THE 1999 EFFECTIVE PERCENTAGE FALLS WITHIN THE FOLLOWING RANGES: EARNED STOCK From 100.00% to 114.99% 5,000 From 115.00% to 129.99% 12,500 Greater than or equal to 130.00% 27,500
Sample 1
Term of this Plan. Unless previously terminated by the Board of Directors or the Committee, this plan shall terminate at the close of business on the tenth anniversary of the effective date of this Plan, determined in accordance with Section 7.10, and no Awards shall be granted under the Plan thereafter, but such termination shall not affect any Award theretofore granted.
Sample 1
Term of this Plan. This Plan supercedes provisions in all previous geoduck harvest management agreements between the state and Treaty Tribes for the Hood Canal Geoduck Management Region. The term of this Plan is from April 1, 2005 to March 31, 2006. This Plan may be terminated by any party by giving thirty (30) days written notice to all parties to this Plan. This Plan is limited to the time and matters expressly stated herein.
Sample 1

Related to Term of this Plan

  • Term of this Agreement The term of this Agreement shall continue in effect, unless earlier terminated by either party hereto as provided hereunder, for a period of two years. Thereafter, unless otherwise terminated as provided herein, this Agreement shall be renewed automatically for successive one-year periods. This Agreement may be terminated without penalty: (i) by provision of sixty (60) days' written notice; (ii) by mutual agreement of the parties; or (iii) for "cause" (as defined herein) upon the provision of thirty (30) days' advance written notice by the party alleging cause.

  • Duration of this Agreement The Term of this Agreement shall be as specified in Schedule A hereto.

  • of this Lease The Options herein granted to Lessee are not assignable separate and apart from this Lease.

  • Effective Date of this Agreement This Agreement shall become effective (the "Effective Date") upon the date of your acceptance hereof, as set forth below.

  • Termination of this Agreement (a) The Representative shall have the right to terminate this Agreement by giving notice to the Company as hereinafter specified at any time at or prior to the Closing Date or any Option Closing Date (as to the Option Shares to be purchased on such Option Closing Date only), if in the discretion of the Representative, (i) there has occurred any material adverse change in the securities markets or any event, act or occurrence that has materially disrupted, or in the opinion of the Representative, will in the future materially disrupt, the securities markets or there shall be such a material adverse change in general financial, political or economic conditions or the effect of international conditions on the financial markets in the United States is such as to make it, in the judgment of the Representative, inadvisable or impracticable to market the Shares or enforce contracts for the sale of the Shares (ii) trading in the Company’s Common Stock shall have been suspended by the Commission or Nasdaq or trading in securities generally on the Nasdaq Stock Market, the NYSE or the NYSE MKT shall have been suspended, (iii) minimum or maximum prices for trading shall have been fixed, or maximum ranges for prices for securities shall have been required, on the Nasdaq Stock Market, the NYSE or NYSE American, by such exchange or by order of the Commission or any other governmental authority having jurisdiction, (iv) a banking moratorium shall have been declared by federal or state authorities, (v) there shall have occurred any attack on, outbreak or escalation of hostilities or act of terrorism involving the United States any declaration by the United States of a national emergency or war, any substantial change or development involving a prospective substantial change in United States or other international political, financial or economic conditions or any other calamity or crisis, or (vi) the Company suffers any loss by strike, fire, flood, earthquake, accident or other calamity, whether or not covered by insurance, or (vii) in the judgment of the Representative, there has been, since the time of execution of this Agreement or since the respective dates as of which information is given in the Registration Statement, the Time of Sale Disclosure Package or the Final Prospectus, any material adverse change in the assets, properties, condition, financial or otherwise, or in the results of operations, business affairs or business prospects of the Company, whether or not arising in the ordinary course of business. Any such termination shall be without liability of any party to any other party except that the provisions of Section 5(a)(viii) and Section 7 hereof shall at all times be effective and shall survive such termination.

  • Term of the Plan The Plan, as set forth herein, shall come into existence on the date of its adoption by the Board of Directors; provided, however, that no Award may be granted hereunder prior to the Effective Date. The Board of Directors may suspend or terminate the Plan at any time. No ISOs may be granted after the tenth anniversary of the earlier of (i) the date the Plan is adopted by the Board of Directors, or (ii) the date the Plan is approved the stockholders of the Company.

  • Commencement of Term The Term commences upon the Commercial Operation Date.

  • Effectiveness and Term of this Agreement 12.1 This Agreement shall come into effect upon the satisfaction of all of the following conditions:

  • DURATION, TERMINATION AND AMENDMENT OF THIS AGREEMENT This Agreement shall become effective on the date first above written and shall govern the relations between the parties hereto thereafter, and shall remain in force until December 29, 2002 on which date it will terminate unless its continuance after December 29, 2002 is "specifically approved at least annually" (i) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of the Adviser at a meeting specifically called for the purpose of voting on such approval, and (ii) by the Board of Trustees of the Trust, or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time without the payment of any penalty by the Trustees or by "vote of a majority of the outstanding voting securities" of the Fund, or by the Adviser, in each case on not more than sixty days' nor less than thirty days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment". This Agreement may be amended only if such amendment is approved by "vote of a majority of the outstanding voting securities" of the Fund.

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