Effective Date and Duration of the Plan. The Plan is effective as of the Effective Date. The Plan will terminate at midnight on January 24, 2028 and may be terminated prior to such time by Board action. No Incentive Award will be granted after termination of the Plan. Incentive Awards outstanding upon termination of the Plan may continue to be exercised, or become free of restrictions, according to their terms. 101
Effective Date and Duration of the Plan. The Plan shall become effective and shall be deemed to have been adopted on November 5, 1997, unless the Plan shall have terminated earlier, the Plan shall terminate on the tenth (10th) anniversary of its effective date, and no Option shall be granted pursuant to the Plan after the day preceding the tenth (10th) anniversary of its effective date. AMERICAN TOWER SYSTEMS CORPORATION Stock Option Agreement ---------------------- Option Certificate: No. Specific Terms of the Option - ---------------------------- Subject to the terms and conditions hereinafter set forth and the terms and conditions of the American Tower Systems Corporation 1997 Stock Option Plan (the "Plan"), American Tower Systems Corporation, a Delaware corporation (the "Company" which term shall include, unless the context otherwise clearly requires, all Subsidiaries [as defined in the Plan] of the Company) hereby grants the following option to purchase shares of Common Stock, par value $.01 per share (the "Stock") of the Company:
Effective Date and Duration of the Plan. The Plan shall be effective on the Effective Date. The Plan shall terminate on the Plan Termination Date and no Option shall be granted after that date. The applicable terms of the Plan and any terms and conditions applicable to Options granted prior to the Plan Termination Date shall survive the termination of the Plan and continue to apply to such Options.
Effective Date and Duration of the Plan. This Plan shall be effective upon the Distribution Date (as defined in the Proxy Statement of ITT Corporation dated August 30, 1995) subject to the approval of the Plan by the stockholders of ITT Corporation, and shall terminate on December 31, 2005, provided that grants of Restricted Stock made prior to the termination of the Plan may vest following such termination in accordance with their terms.
Effective Date and Duration of the Plan. The Plan shall become effective immediately upon approval by the vote of a majority of the Board of Trustees, and of the Disinterested Trustees, cast in person at a meeting called for the purpose of voting on the approval of the Plan. The Plan shall continue in effect for a period of one year from its effective date unless terminated pursuant to its terms. Thereafter, the Plan shall continue from year to year, provided that such continuance is approved at least annually by a vote of a majority of the Board of Trustees, and of the Disinterested Trustees, cast in person at a meeting called for the purpose of voting on such continuance. The Plan may be terminated at any time, without the payment of any penalty, by a majority vote of the Fund's shareholders, or by vote of a majority of the Disinterested Trustees.
Effective Date and Duration of the Plan. The Plan shall become effective --------------------------------------- upon its approval by the Board. This Plan shall terminate ten years from the date the Plan becomes effective, and no Stock Option may be granted under the Plan thereafter, but such termination shall not affect any Stock Option theretofore granted.
Effective Date and Duration of the Plan. The Plan shall become effective on the date it is approved by the Board (the “Effective Date”). Unless sooner terminated as provided herein, the Plan shall terminate on the tenth (10th) anniversary of the Effective Date.
Effective Date and Duration of the Plan
