SkyWest Airlines 2008 Annual Report Download - page 150
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20. EFFECTIVE DATE; APPROVAL OF STOCKHOLDERS
The Plan shall become effective as of July 1, 2009, subject to approval by the Company’s
stockholders not later than June 30, 2009. No Shares shall be issued under the Plan unless the Plan is
approved by the shareholders by June 30, 2009. If the shareholders of the Company do not approve the
Plan in the manner that meets the requirements of Code Section 423 by June 30, 2009, the Plan shall
automatically expire and terminate on that date and no shares of Common Stock shall be issued under
the Plan. If approved by the shareholders on or before June 30, 2009, the Plan shall continue in effect
until terminated under Section 15 above.
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