Common use of Stock Subject to Plan Clause in Contracts

Stock Subject to Plan. 5.1. Subject to adjustment as provided in Section 8, the maximum number of Shares that may be issued under this Plan is 500,000 Shares. The maximum number of Shares with respect to which an Employee may receive Awards under this Plan during its term is 100,000. 5.2. If an Option expires or terminates for any reason without having been fully exercised, the unissued or forfeited Shares which had been subject to the Award shall become available for the grant of additional Awards.

Appears in 3 contracts

Samples: Long Term Incentive Plan (Toronto Dominion Bank), Long Term Incentive Plan (CFX Corp), Long Term Incentive Plan (CFX Corp)

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Stock Subject to Plan. 5.1. Subject to adjustment as provided in Section 89 hereof, the maximum number of Shares that may be issued under this Plan is 500,000 5,000,000 Shares. The maximum number of Shares with respect to which an Employee may receive Awards under this Plan during its term is 100,000. 5.2. If an Option expires or terminates for any reason without having been fully exercisedexercised or if shares of Restricted Stock are forfeited, the unissued or forfeited Shares which that had been subject to the Award shall become available for the grant of additional Awards.

Appears in 1 contract

Samples: 2000 Stock Incentive Plan (Innofone Com Inc)

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