General Clause Example with 5 Variations from Business Contracts

This page contains General clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
General. (a) Purpose. Tyra Biosciences, Inc. (the "Company") hereby establishes this 2019 Equity Incentive Plan (the "Plan"). This Plan is intended: (i) to attract and retain the best available personnel to ensure the Company's success and accomplish the Company's goals; (ii) to incentivize Employees, Directors, and Consultants with long-term equity-based compensation to align their interests with the interests of the Company's stockholders; and (iii) to promote the success of the Company's business. (b)... Eligible Award Recipients. Employees, Consultants, Directors, or non-Employees, non-Consultants, non-Directors to whom an offer of a service relationship as an Employee, Consultant, or Director, Investor Director Provider, has been or is being extended (together, "Eligible Persons") may receive Awards, subject to the terms of this Plan. (c) Definitions. Capitalized terms in this Plan are defined in Section 23. (d) Effective Date. This Plan shall become effective on the date it is approved by a majority of votes cast at a duly held meeting of the Company's stockholders (or by such other stockholder vote that the Committee determines to be sufficient for the issuance of Shares and Awards according to the Company's governing documents and Applicable Law). (e) Effect on Other Plans, Awards, and Arrangements. No payment pursuant to this Plan shall be taken into account in determining any benefits under any Company or Affiliate benefit plan, except to the extent otherwise expressly provided in writing in such other plan. View More

Variations of a "General" Clause from Business Contracts

General. (a) Purpose. Tyra Biosciences, Mohawk Group Holdings, Inc. (the "Company") hereby establishes this "Mohawk Group Holdings, Inc. 2019 Equity Incentive Plan (the Plan" (this "Plan"). This Plan is intended: (i) to attract and retain the best available personnel to ensure the Company's success and accomplish the Company's goals; and (ii) to incentivize Employees, Directors, and Consultants with long-term long-term, equity-based compensation to align their interests with the interests of the Company'...s stockholders; and (iii) to promote the success of the Company's business. stockholders, in both cases by providing for additional compensation for which value will be recognized in connection with a liquidity event. (b) Eligible Award Recipients. Employees, Consultants, Directors, or non-Employees, non-Consultants, non-Directors to whom an offer of a service relationship as an Employee, Consultant, or Director, Investor Director Provider, has been or is being extended Employees and Consultants (together, "Eligible Persons") may receive Awards, Awards of Restricted Shares, subject to the terms of this Plan. (c) Definitions. Capitalized terms in this Plan are defined in Section 23. 22. (d) Effective Date. This Plan shall become effective on the date it is approved by a majority of votes cast at a duly held meeting of the Company's stockholders (or by such other stockholder vote that the Committee determines to be sufficient for the issuance of Shares and Awards according to the Company's governing documents and Applicable Law). Board. (e) Effect on Other Plans, Awards, and Arrangements. No payment pursuant to this Plan shall be taken into account in determining any benefits under any Company or any Affiliate benefit plan, except to the extent otherwise expressly provided in writing in such other plan. View More
General. (a) Purpose. Tyra Biosciences, Aterian, Inc. (the "Company") hereby establishes this "Amended and Restated Aterian, Inc. 2019 Equity Incentive Plan (the Plan" (this "Plan"). This Plan is intended: (i) to attract and retain the best available personnel to ensure the Company's success and accomplish the Company's goals; and (ii) to incentivize Employees, Directors, and Consultants with long-term long-term, equity-based compensation to align their interests with the interests of the Company's stock...holders; and (iii) to promote the success of the Company's business. stockholders, in both cases by providing for additional compensation for which value will be recognized in connection with a liquidity event. (b) Eligible Award Recipients. Employees, Consultants, Directors, or non-Employees, non-Consultants, non-Directors to whom an offer of a service relationship as an Employee, Consultant, or Director, Investor Director Provider, has been or is being extended Employees and Consultants (together, "Eligible Persons") may receive Awards, Awards of Restricted Shares, subject to the terms of this Plan. (c) Definitions. Capitalized terms in this Plan are defined in Section 23. 22. (d) Effective Date. This Plan shall become effective on the date it is approved by a majority of votes cast at a duly held meeting of the Company's stockholders (or by such other stockholder vote that the Committee determines to be sufficient for the issuance of Shares and Awards according to the Company's governing documents and Applicable Law). Board. (e) Effect on Other Plans, Awards, and Arrangements. No payment pursuant to this Plan shall be taken into account in determining any benefits under any Company or any Affiliate benefit plan, except to the extent otherwise expressly provided in writing in such other plan. View More
General. (a) Purpose. Tyra Biosciences, Mohawk Group Holdings, Inc. (the "Company") hereby establishes this 2019 "Mohawk Group Holdings, Inc. 2018 Equity Incentive Plan (the Plan" (this "Plan"). This Plan is intended: (i) to attract and retain the best available personnel to ensure the Company's success and accomplish the Company's goals; (ii) to incentivize Employees, Directors, and Consultants with long-term long-term, equity-based compensation to align their interests with the interests of the Company...'s stockholders; and (iii) to promote the success of the Company's business. (b) Eligible Award Recipients. Employees, Consultants, Directors, Investor Director Providers or non-Employees, non-Consultants, non-Directors individuals or Persons to whom an offer of a service relationship as an Employee, Consultant, or Director, Investor Director Provider, has been or is being extended (together, "Eligible Persons") may receive Awards, Awards of Options, Restricted and Unrestricted Shares, and RSUs, subject to the terms of this Plan. (c) Definitions. Capitalized terms in this Plan are defined in Section 23. 22. (d) Effective Date. This Plan shall become effective on the date it is approved by a majority of votes cast at a duly held meeting of the Company's stockholders (or by such other stockholder vote that the Committee determines to be sufficient for the issuance of Shares and Awards according to the Company's governing documents and Applicable Law). Board. (e) Effect on Other Plans, Awards, and Arrangements. No payment pursuant to this Plan shall be taken into account in determining any benefits under any Company or any Affiliate benefit plan, except to the extent otherwise expressly provided in writing in such other plan. View More
General. (a) Purpose. Tyra Biosciences, AvidXchange Holdings, Inc. (the "Company") hereby establishes this 2019 Equity AvidXchange Holdings, Inc. 2021 Long-Term Incentive Plan (the "Plan"). This Plan is intended: intended (i) to attract and retain the best available personnel to ensure the Company's success and accomplish the Company's goals; (ii) to incentivize Employees, Directors, and Consultants with long-term equity-based compensation to align their interests with the interests of the Company's stoc...kholders; and (iii) to promote the success of the Company's business. (b) Eligible Award Recipients. Employees, Consultants, Directors, or non-Employees, non-Consultants, non-Directors to whom an offer of a service relationship as an Employee, Consultant, or Director, Investor Director Provider, has been or is being extended and Directors (together, "Eligible Persons") may receive Awards, subject to the terms of this Plan. (c) Definitions. Capitalized terms in this Plan are defined in Section 23. 24. (d) Effective Date. This Stockholder Approval. The Plan shall become effective on is subject to approval by the stockholders of the Company within twelve (12) months after the date it on which the Plan is approved adopted by the Board and such approval shall be obtained by a majority of votes cast at a duly held meeting of the Company's stockholders (or or by such other stockholder vote that the Committee determines to be sufficient for the issuance of Shares and Awards according to the Company's governing documents and Applicable Law). Law. (e) Effect on Other Plans, Awards, and Arrangements. No payment pursuant to this Plan shall be taken into account in determining any benefits under any Company or any Affiliate benefit plan, except to the extent otherwise expressly provided in writing in such other plan. View More
General. (a) Purpose. Tyra Biosciences, Inc. (the "Company") MCAP Acquisition Corporation hereby establishes this 2019 Equity MCAP Acquisition Corporation 2021 Long-Term Incentive Plan (the "Plan"). This Plan is intended: intended (i) to attract and retain the best available personnel to ensure the Company's success and accomplish the Company's goals; (ii) to incentivize Employees, Directors, and Consultants with long-term equity-based compensation to align their interests with the interests of the Compa...ny's stockholders; and (iii) to promote the success of the Company's business. (b) Eligible Award Recipients. Employees, Consultants, Directors, or non-Employees, non-Consultants, non-Directors to whom an offer of a service relationship as an Employee, Consultant, or Director, Investor Director Provider, has been or is being extended and Directors (together, "Eligible Persons") may receive Awards, subject to the terms of this Plan. (c) Definitions. Capitalized terms in this Plan are defined in Section 23. 24. (d) Effective Date. This Stockholder Approval. The Plan shall become effective on is subject to approval by the stockholders of the Company within twelve (12) months after the date it on which the Plan is approved adopted by the Board and such approval shall be obtained by a majority of votes cast at a duly held meeting of the Company's stockholders (or or by such other stockholder vote that the Committee determines to be sufficient for the issuance of Shares and Awards according to the Company's governing documents and Applicable Law). Law. (e) Effect on Other Plans, Awards, and Arrangements. No payment pursuant to this Plan shall be taken into account in determining any benefits under any Company or any Affiliate benefit plan, except to the extent otherwise expressly provided in writing in such other plan. View More