Common use of Duration of Plan Clause in Contracts

Duration of Plan. No Grant or Award may be issued under this Plan before July 1, 1997, or after June 30, 2007; provided, however, a Grant of a Reload Option may be issued after June 30, 2007, upon the exercise of an Original Option as provided in Section 4.3 hereof. Grants and Awards issued on or after July 1, 1997, but on or before June 30, 2007, and Grants of Reload Options issued after June 30, 2007 upon the exercise of an Original Option as provided in Section 4.3 hereof, shall remain valid in accordance with their terms.

Appears in 3 contracts

Samples: 1997 Executive Stock Plan (Universal Corp /Va/), 1997 Executive Stock Plan (Universal Corp /Va/), 1997 Executive Stock Plan (Universal Corp /Va/)

AutoNDA by SimpleDocs

Duration of Plan. No Grant or Award may be issued under this Plan before July 1, 19972002, or after June 30, 20072012; provided, however, a Grant of a Reload Option may be issued after June 30, 20072012, upon the exercise of an Original Option as provided in Section 4.3 hereof. Grants and Awards issued on or after July 1, 19972002, but on or before June 30, 20072012, and Grants of Reload Options issued after June 30, 2007 2012 upon the exercise of an Original Option as provided in Section 4.3 hereof, shall remain valid in accordance with their terms.

Appears in 3 contracts

Samples: Executive Stock Plan (Universal Corp /Va/), 2002 Executive Stock Plan (Universal Corp /Va/), Executive Stock Plan (Universal Corp /Va/)

Duration of Plan. No Grant or Award may be issued under this Plan before July 1, 19971989, or after June 30, 20071998; provided, however, a Grant of a Reload Option may be issued after June 30, 20071998, upon the exercise of an Original Option as provided in Section 4.3 4.03 hereof. Grants and Awards issued on or after July 1, 19971989, but on or before June 30, 20071998, and Grants of Reload Options issued after June 30, 2007 1998 upon the exercise of an Original Option as provided in Section 4.3 4.03 hereof, shall remain valid in accordance with their terms.

Appears in 2 contracts

Samples: Executive Stock Plan (Universal Corp /Va/), 1989 Executive Stock Plan (Universal Corp /Va/)

Duration of Plan. No Grant or Award may be issued under this Plan before July 1February 28, 19972003, or after June 30February 27, 20072013; provided, however, a Grant of a Reload Option may be issued after June October 30, 20072004, upon the exercise of an Original Option option as provided in Section 4.3 4.03 hereof. Grants and Awards issued on or after July 1, 1997, but on or before June 30, 2007, and Grants of Reload Options issued after June 30, 2007 upon the exercise of an Original Option as provided in Section 4.3 hereof, shall remain valid in accordance with their terms.

Appears in 1 contract

Samples: Stock Incentive Plan (Eagle Financial Services Inc)

Duration of Plan. No Grant or Award may be issued under this Plan before July 1April 18, 19972003, or after June 30April 17, 20072013; provided, however, a Grant of a Reload Option may be issued after June 30, 20072004, upon the exercise of an Original Option option as provided in Section 4.3 4.03 hereof. Grants and Awards issued on or after July 1, 1997, but on or before June 30, 2007, and Grants of Reload Options issued after June 30, 2007 upon the exercise of an Original Option as provided in Section 4.3 hereof, shall remain valid in accordance with their terms.

Appears in 1 contract

Samples: Stock Incentive Plan (Southern National Bancorp of Virginia Inc)

AutoNDA by SimpleDocs

Duration of Plan. No Grant or Award may be issued under this Plan before July April 1, 19972000, or after June 30March 31, 20072010; provided, however, a Grant of a Reload Option may be issued after June 30, 20072001, upon the exercise of an Original Option option as provided in Section 4.3 4.03 hereof. Grants and Awards issued on or after July 1, 1997, but on or before June 30, 2007, and Grants of Reload Options issued after June 30, 2007 upon the exercise of an Original Option as provided in Section 4.3 hereof, shall remain valid in accordance with their terms.

Appears in 1 contract

Samples: Incentive Plan (Southern Community Financial Corp.)

Duration of Plan. No Grant or Award may be issued under this Plan before July 1, 19971992, or after June 30, 20072001; provided, however, a Grant of a Reload Option option may be issued after June 30, 20072001, upon the exercise of an Original original Option as provided in Section 4.3 4.03 hereof. Grants and Awards issued on or after July 1, 1997, but on or before June 30, 2007, and Grants of Reload Options issued after June 30, 2007 upon the exercise of an Original Option as provided in Section 4.3 hereof, shall remain valid in accordance with their terms.

Appears in 1 contract

Samples: 1992 Incentive Plan (Virginia First Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!