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This excerpt taken from the PBI DEF 14A filed Mar 23, 2006. 14. DURATION AND TERMINATION No Options may be granted under the Scheme more than ten years after the date of the adoption of the Plan by the Company. The Directors may terminate the Plan at any time and no further Options shall be granted after that date, but Options granted before that date will continue to be valid and exercisable in accordance with these Rules. ii-9 |
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