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HPQ » Topics » Term.

This excerpt taken from the HPQ 8-K filed Nov 23, 2005.
Term.  This Plan shall be effective as of November 1, 2005.  Notwithstanding the foregoing, this Plan shall terminate unless it is approved at the next HP annual stockholders meeting following the date that the Board adopts this Plan. Once approved by HP’s stockholders, this Plan shall continue until the earlier of (i) a termination under Section 9 of this Plan, (ii) the date any stockholder approval requirement under Code Section 162(m) ceases to be met or (iii) the date that is five years after the stockholder meeting in fiscal 2006.

 

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