Tesla 2016 Annual Report Download - page 93
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Please find page 93 of the 2016 Tesla annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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23.TermofPlan.ThePlanwillbecomeeffectiveupontheearliertooccurofitsadoptionbytheBoardoritsapprovalbythestockholdersofthe
Company.Itwillcontinueineffectforatermoften(10)years,unlesssoonerterminatedunderSection20.
24.StockholderApproval.ThePlanwillbesubjecttoapprovalbythestockholdersoftheCompanywithintwelve(12)monthsafterthedatethePlan
isadoptedbytheBoard.SuchstockholderapprovalwillbeobtainedinthemannerandtothedegreerequiredunderApplicableLaws.