Common use of Termination of the Plan Clause in Contracts

Termination of the Plan. The Plan will terminate on [DATE], the date which is ten years from the earlier of the date of its adoption by the Board of Directors and the date of its approval by the shareholders of the Company. The Plan may be terminated at an earlier date by vote of the shareholders or the Board of Directors of the Company; provided, however, that any such earlier termination shall not affect any Agreements executed prior to the effective date of such termination. Termination of the Plan shall not affect any Stock Rights theretofore granted.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (D8 Holdings Corp.), Business Combination Agreement (HighCape Capital Acquisition Corp.), Business Combination Agreement (HighCape Capital Acquisition Corp.)

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Termination of the Plan. The Plan will terminate on [DATE]March 5, 2027, the date which is ten years from the earlier of the date of its adoption by the Board of Directors and the date of its approval by the shareholders of the Company. The Plan may be terminated at an earlier date by vote of the shareholders or the Board of Directors of the Company; provided, however, that any such earlier termination shall not affect any Agreements executed prior to the effective date of such termination. Termination of the Plan shall not affect any Stock Rights theretofore granted.

Appears in 1 contract

Samples: Stock Option Agreement (Orgenesis Inc.)

Termination of the Plan. The Plan will terminate on [DATE]April 30, 2024, the date which is ten years from the earlier of the date of its adoption by the Board of Directors and the date of its approval by the shareholders of the Company. The Plan may be terminated at an earlier date by vote of the shareholders or the Board of Directors of the Company; provided, however, that any such earlier termination shall not affect any Agreements executed prior to the effective date of such termination. Termination of the Plan shall not affect any Stock Rights theretofore granted. No Stock Rights shall be granted after such termination of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Akari Therapeutics PLC)

Termination of the Plan. The Plan will terminate on [DATE]_______, 2030, the date which is ten years from the earlier of the date of its adoption by the Board of Directors and the date of its approval by the shareholders of the Company. The Plan may be terminated at an earlier date by vote of the shareholders or the Board of Directors of the Company; provided, however, that any such earlier termination shall not affect any Agreements executed prior to the effective date of such termination. Termination of the Plan shall not affect any Stock Rights theretofore granted.

Appears in 1 contract

Samples: Adoption Agreement (Gi Dynamics, Inc.)

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Termination of the Plan. The Plan will shall terminate on [DATE], the date which is ten years from the earlier tenth anniversary of the date of its adoption on which it is approved by the Board of Directors and the date of its approval Company in general meeting or at any earlier time by the shareholders passing of a resolution by the Company. The Plan may be terminated at an earlier date by vote of the shareholders or the Board of Directors of the Company; provided, however, that any such earlier termination shall not affect any Agreements executed prior to the effective date of such terminationDirectors. Termination of the Plan shall not affect any Stock Rights theretofore grantedbe without prejudice to the subsisting rights of Option Holders.

Appears in 1 contract

Samples: Octel Corp

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