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 Committee to amend or terminate the Plan at any time pursuant to Section 15 hereof, until the earlier to occur of (a) the date all Shares subject to the Plan shall have been purchased or acquired and the Restrictions on all Restricted Stock granted under the Plan shall have lapsed, according to the Plan’s provisions, and (b) ten (10) years from the Effective Date of the Plan. The termination of the Plan pursuant to this Section 1.2 shall not adversely affect any Awards outstanding on the date of such termination.

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Committee Board of Directors of the Company (“Board”) to amend or terminate the Plan at any time pursuant to Section 15 Article 11 hereof, until the earlier to occur tenth anniversary of (a) the Effective Date of the Plan, or the date all Shares subject to the Plan shall have been purchased or acquired and the Restrictions restrictions on all Restricted Stock granted under the Plan shall have lapsed, according to the Plan’s provisions, and (b) ten (10) years from the Effective Date of the Plan. The termination of the Plan pursuant to this Section 1.2 shall not adversely affect any Awards outstanding on the date of such termination.

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Committee Board of Directors of the Company (“Board”) to amend or terminate the Plan at any time pursuant to Section 15 Article 10 hereof, until the earlier to occur tenth anniversary of (a) the Effective Date of the Plan, or the date all Shares subject to the Plan shall have been purchased or acquired and the Restrictions restrictions on all Restricted Stock granted under the Plan shall have lapsed, according to the Plan’s provisions, and (b) ten (10) years from the Effective Date of the Plan. The termination of the Plan pursuant to this Section 1.2 shall not adversely affect any Awards outstanding on the date of such termination.

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Committee Board of Directors of the Company to amend or terminate the Plan at any time pursuant to Section 15 14 hereof, until the earlier to occur of (a) the date all Shares subject to the Plan shall have been purchased or acquired and the Restrictions on all Restricted Stock granted under the Plan shall have lapsed, according to the Plan’s provisions, and (b) ten (10) 10 years from the Effective Date of the Plan. The termination of the Plan pursuant to this Section 1.2 shall not adversely affect any Awards outstanding on the date of such termination.

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Committee Board of Directors of the Company (“Board”) to amend or terminate the Plan at any time pursuant to Section 15 Article 12 hereof, until the earlier to occur of (a) May 20, 2018, or the date all Shares subject to the Plan shall have been purchased or acquired and the Restrictions restrictions on all Restricted Stock Shares granted under the Plan shall have lapsed, according to the Plan’s provisions, and (b) ten (10) years from the Effective Date of the Plan. The termination of the Plan pursuant to this Section 1.2 shall not adversely affect any Awards outstanding on the date of such termination.

Duration of the Plan. The Plan shall commence on the Effective Date and shall remain in effect, subject to the right of the Committee to amend or terminate the Plan at any time pursuant to Section 15 hereof, until the earlier to occur of (a) the date all Shares subject to the Plan shall have been purchased or acquired and the Restrictions on all Restricted Stock granted under the Plan shall have lapsed, according to the Plan’s provisions, and (b) ten (10) years from the Effective Date of the Plan. The termination of the Plan pursuant to this Section 1.2 shall not adversely affect any Awards outstanding on the date of such termination.