EFFECTIVE DATE AND TERM OF THE PLAN. A. This Plan will become effective on the Effective Date. B. The Plan shall terminate upon the earlier to occur of (i) the termination of all Awards under the Plan, or (ii) the termination of all outstanding Awards in connection with a Change in Control. In the event of the termination of the Plan, then all Awards outstanding at that time shall continue to have force and effect in accordance with the provisions of the documents evidencing such Awards.
Appears in 3 contracts
Samples: 2022 Ligand Service Provider Assumed Award Plan (OmniAb, Inc.), 2022 Omniab Service Provider Assumed Award Plan (OmniAb, Inc.), 2022 Omniab Service Provider Assumed Award Plan (Avista Public Acquisition Corp. II)
EFFECTIVE DATE AND TERM OF THE PLAN.
A. This Plan will become effective on the Effective Date..
B. The Plan shall terminate upon the earlier to occur of (i) the termination of all Awards under the Plan, or (ii) the termination of all outstanding Awards in connection with a Change in Control. In the event of the termination of the Plan, then all Awards outstanding at that time shall continue to have force and effect in accordance with the provisions of the documents evidencing such Awards..
Appears in 1 contract
Samples: 2022 Ligand Service Provider Assumed Award Plan (Avista Public Acquisition Corp. II)
