Common use of Term of the Plan Clause in Contracts

Term of the Plan. Unless sooner terminated by the Board or the Committee pursuant to Article 14, the Plan shall terminate on February 20, 2007, and no Options, Rights, Performance Units or Incentive Share awards may be granted or awarded after termination. The termination shall not affect the validity of any Option, Right, Performance Unit or Incentive Share awards outstanding on the date of termination.

Appears in 5 contracts

Samples: 1997 Long Term Incentive Award Plan (PNC Financial Services Group Inc), Long Term Incentive Award Plan (PNC Bank Corp), 1997 Long Term Incentive Award Plan (PNC Financial Services Group Inc)

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Term of the Plan. Unless sooner terminated by the Board or the Committee pursuant to Article 14, the Plan shall terminate on February 20June 30, 20072005, and no Options, Rights, Performance Units Restricted Stock or Incentive Share awards Shares may be granted or awarded after terminationsuch date. The termination of the Plan shall not affect the validity of any Option, Right, Performance Unit or Incentive Share awards Award outstanding on the date of termination.

Appears in 1 contract

Samples: 1995 Long Term Incentive Plan (Gse Systems Inc)

Term of the Plan. Unless sooner terminated by the Board or the Committee pursuant to Article 14, the Plan shall will terminate on February 20, 2007, and no Options, Rights, Performance Units or Incentive Share awards may be granted or awarded after termination. The termination shall will not affect the validity of any Option, Right, Performance Unit or Incentive Share awards outstanding on the date of termination.

Appears in 1 contract

Samples: Long Term Incentive Award Plan (PNC Financial Services Group Inc)

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Term of the Plan. Unless sooner terminated by the Board or the Committee pursuant to Article 1415, the Plan shall terminate on February 20September 30, 2007, 2003 and no Options, Rights, Performance Units Units, Restricted Stock or Incentive Share Shares awards may be granted or awarded after termination. The termination shall not affect the validity of any Option, Right, Performance Unit Unit, Restricted Stock or Incentive Share Shares awards outstanding on the date of termination.

Appears in 1 contract

Samples: Long Term Incentive Plan (Maxim Pharmaceuticals Inc)

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