EFFECTIVE DATE OF PLAN. Stock Awards and Options may be granted under this Plan upon its adoption by the Board, provided that no incentive stock option will continue to be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Stockholders, voting either in person or by proxy, at a duly held Stockholders’ meeting or by the consent of Stockholders owning more than fifty percent (50%) of shares of the Common Stock within twelve months of such adoption.
EFFECTIVE DATE OF PLAN. The Plan shall be effective on the date of the approval of the Plan by the holders of a majority of the shares entitled to vote at a duly constituted meeting of the stockholders of the Company. The Plan shall be null and void and of no effect if the foregoing condition is not fulfilled.
EFFECTIVE DATE OF PLAN. [. . . .]
EFFECTIVE DATE OF PLAN. The Plan will become effective immediately prior to and contingent upon the Effective Date. No Purchase Rights will be exercised unless and until the Plan has been approved by the stockholders of the Company, which approval must be within 12 months before or after the date the Plan is adopted (or if required under Section 12(a) above, materially amended) by the Board.
EFFECTIVE DATE OF PLAN. The Plan shall be effective as of the Effective Date, provided that the Plan is approved by the stockholders of the Company within twelve (12) months of such date.
EFFECTIVE DATE OF PLAN. This Plan shall become effective upon adoption by the Board of Directors of the Corporation; provided that the Plan shall be submitted for approval by the stockholders of the Corporation no later than twelve (12) months after the date of adoption of the Plan by the Board of Directors. Should the stockholders of the Corporation fail to approve the Plan within such twelve-month period, all Options granted hereunder shall be and become null and void. The Board of Directors approved the Plan on June 19, 1996.
EFFECTIVE DATE OF PLAN. The Effective Date of the Plan is January 1, 1997.
EFFECTIVE DATE OF PLAN. The Plan will become effective upon the approval of the Plan by the shareholders of the Corporation and receipt of any necessary regulatory approvals.
EFFECTIVE DATE OF PLAN. Shares of Restricted Stock may be awarded and Options and SARs may be granted under this Plan upon its adoption by the Board, provided that no Restricted Stock award, Option or SAR will be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Company’s shareholders, voting either in person or by proxy, at a duly held shareholders’ meeting within twelve months of such adoption.
EFFECTIVE DATE OF PLAN. Options may be granted under this Plan upon its adoption by the Board, provided that no Option will be effective unless this Plan is approved by stockholders holding a majority of the Corporation's outstanding total combined voting power of all classes of stock of the Corporation, voting in person or by proxy at a duly held stockholders' meeting or by written consent of said stockholders.
