Common use of Duration of the Plan Clause in Contracts

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Board to amend or terminate the Plan at any time pursuant to Article 15 hereof, until the earlier of the tenth anniversary of the Effective Date, or the date all Shares subject to the Plan shall have been purchased or acquired and the restrictions on all Restricted Shares granted under the Plan shall have lapsed, according to the Plan’s provisions.

Appears in 14 contracts

Samples: Merger Agreement (CSLM Acquisition Corp.), Equity Incentive Plan (Icad Inc), Equity Incentive Plan (Icad Inc)

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Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Board to amend or terminate the Plan at any time pursuant to Article 15 hereof, until the earlier of the tenth (10th) anniversary of the Effective Date, or the date all Shares subject to the Plan shall have been purchased or acquired and the restrictions on all Restricted Shares granted under the Plan shall have lapsed, lapsed according to the Plan’s provisions.

Appears in 2 contracts

Samples: 2019 Omnibus Equity Incentive Plan (Immunic, Inc.), 2019 Omnibus Equity Incentive Plan (Immunic, Inc.)

Duration of the Plan. The Plan shall commence on the Effective Date Date, as described in Section 1.1, and shall remain in effect, subject to the right of the Board of Directors to amend or terminate the Plan at any time pursuant to Article 15 hereofXV, until the earlier of the tenth anniversary of the Effective Date, or the date all Shares subject to the Plan it shall have been purchased or acquired delivered, and the any restrictions on all Restricted such Shares granted under the Plan shall have lapsed, according pursuant to the Plan’s provisions. However, in no event may an Award be granted under the Plan on or after ten years from the Effective Date.

Appears in 2 contracts

Samples: Incentive Compensation Plan (Golfsmith International Holdings Inc), Incentive Compensation Plan (Omi Corp/M I)

Duration of the Plan. The Plan shall commence on the Effective Date Date, as described in Section 1.1, and shall remain in effect, subject to the right of the Board of Directors to amend or terminate the Plan at any time pursuant to Article 15 hereofXVII, until the earlier of the tenth anniversary of the Effective Date, or the date all Shares subject to the Plan it shall have been purchased or acquired delivered, and the any restrictions on all Restricted such Shares granted under the Plan shall have lapsed, according pursuant to the Plan’s provisions. However, in no event may an Award be granted under the Plan on or after ten years from the Effective Date.

Appears in 2 contracts

Samples: Incentive Compensation Plan (Corelogic, Inc.), Incentive Compensation Plan (Wellpoint Inc)

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Board to amend or terminate the Plan at any time pursuant to Article 15 12 hereof, until the earlier of the tenth anniversary of the Effective Date, or the date all Shares subject to the Plan it shall have been purchased or acquired and the restrictions on all Restricted Shares granted under the Plan shall have lapsed, according to the Plan’s 's provisions.

Appears in 1 contract

Samples: 2011 Non Employee Directors' Equity Incentive Plan (Garmin LTD)

Duration of the Plan. The Plan shall commence on the Effective Date Date, as described in Section 1.1, and shall remain in effect, subject to the right of the Board of Directors to amend or terminate the Plan at any time pursuant to Article 15 hereofXV, until the earlier of the tenth anniversary of the Effective Date, or the date all Shares subject to the Plan it shall have been purchased or acquired delivered, and the any restrictions on all Restricted such Shares granted under the Plan shall have lapsed, according pursuant to the Plan’s provisions. However, in no event may an Award be granted under the Plan on or after ten (10) years from the Effective Date.

Appears in 1 contract

Samples: Share Purchase Agreement (BTCS Inc.)

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Board to amend or terminate the Plan at any time pursuant to Article ARTICLE 15 hereof, until the earlier of the tenth anniversary of the Effective Date, or the date all Shares subject to the Plan shall have been purchased or acquired and the restrictions on all Restricted Shares granted under the Plan shall have lapsed, according to the Plan’s provisions.

Appears in 1 contract

Samples: Merger Agreement (Big Cypress Acquisition Corp.)

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Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Board of Directors of the Company (“Board”) to amend or terminate the Plan at any time pursuant to Article 15 hereof, until the earlier of the tenth anniversary of the Effective Date(i) January 27, 2013, or (ii) the date all Shares subject to the Plan shall have been purchased or acquired and the restrictions on all Restricted Shares granted under the Plan shall have lapsed, according to the Plan’s provisions.

Appears in 1 contract

Samples: Equity Incentive Plan (Factory Card Outlet Corp)

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Board of Directors of the Company (“Board”) to amend or terminate the Plan at any time pursuant to Article 15 16 hereof, until the earlier of the tenth anniversary of the Effective DateOctober 23, 2022, or the date all Shares subject to the Plan shall have been purchased or acquired and the restrictions on all Restricted Shares granted under the Plan shall have lapsed, according to the Plan’s provisions.

Appears in 1 contract

Samples: 2012 Omnibus Incentive Compensation Plan (Amber Road, Inc.)

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Board of Directors of the Company (“Board”) to amend or terminate the Plan at any time pursuant to Article 15 hereof, until the earlier of the tenth (10th) anniversary of the Effective Date, or the date all Shares subject to the Plan shall have been purchased or acquired and the restrictions on all Restricted Shares granted under the Plan shall have lapsed, according to the Plan’s provisions.

Appears in 1 contract

Samples: 2018 Omnibus Incentive Compensation Plan (Clever Leaves Holdings Inc.)

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