Common use of Termination of the Plan Clause in Contracts

Termination of the Plan. The Board may suspend or terminate the Plan at any time. No Incentive Stock Options may be granted after the tenth anniversary of the earlier of: (i) the Adoption Date, or (ii) the date the Plan is approved by the Company’s stockholders. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated.

Appears in 14 contracts

Samples: Merger Agreement (Talaris Therapeutics, Inc.), Merger Agreement (Clearday, Inc.), Merger Agreement (Viveon Health Acquisition Corp.)

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Termination of the Plan. The Board may suspend or terminate the Plan at any time. No Incentive Stock Options may be granted after the tenth anniversary of the earlier of: (i) the Adoption Date, ; or (ii) the date the Plan is approved by the Company’s stockholders. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated.

Appears in 1 contract

Samples: Merger Agreement (Ikena Oncology, Inc.)

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