Common use of Duration of the Plan Clause in Contracts

Duration of the Plan. This Plan shall, subject to Section 12.1 (regarding the Board’s right to amend or terminate the Plan), remain in effect for ten (10) years from the Adoption Date. Without further stockholder approval, no Incentive Stock Option may be granted under the Plan after ten (10) years from the Adoption Date.

Appears in 2 contracts

Samples: 2017 Omnibus Stock Plan (Varex Imaging Corp), 2017 Omnibus Stock Plan (Varex Imaging Corp)

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Duration of the Plan. This The Plan shall, subject to Section 12.1 11.1 (regarding the Board’s right to amend or terminate the Plan), remain in effect for ten (10) years from the Adoption Date. Without However, without further stockholder approval, no Incentive Stock Option may be granted under the Plan after ten (10) years from the Adoption Effective Date.

Appears in 1 contract

Samples: 2005 Omnibus Stock Plan (Varian Medical Systems Inc)

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Duration of the Plan. This third amended and restated Plan shall, subject to Section 12.1 11.1 (regarding the Board’s right to amend or terminate the Plan), remain in effect for ten (10) years from the Adoption Date. Without further stockholder approval, no Incentive Stock Option may be granted under the Plan after ten (10) years from the Adoption Date.

Appears in 1 contract

Samples: 2005 Omnibus Stock Plan (Varian Medical Systems Inc)

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