Legal Construction Clause Example with 48 Variations from Business Contracts

This page contains Legal Construction 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.
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, but without regard to its conflict of law provisions. (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 Exhibit 10.5 NLIGHT, INC. EXECUTIVE INCENTIVE COMPENSATION PLAN 1. Purposes of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Employees to (a) perform to the best of their abilities, and (b) achieve the Company's objectives. View More

Variations of a "Legal Construction" Clause from Business Contracts

Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) (b) Requirements of Law. The granting of awards Awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) (c) Governing Law. The Plan and all awards Awards will be construed in accordance with and governed by the laws of the State of Washington, California, but without regard to its conflict of law provisions. (e) (d) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 EX-10.1 2 d446453dex101.htm EX-10.1 EX-10.1 Exhibit 10.5 NLIGHT, 10.1 VIEW, INC. EXECUTIVE EMPLOYEE CASH INCENTIVE COMPENSATION PLAN 1. Purposes of the Plan. The Company has established the Plan, effective for periods beginning on and after January 1, 2021, for the purpose of supporting the accomplishment of the Company's financial and strategic objectives. The Plan is intended to increase stockholder value and the success of the Company by motivating Eligible Employees to (a) (i) perform to the best of their abilities, abilities and (b) achieve (ii) pursue the Company's objectives. growth, profitability and other objectives of the Company. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) (b) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) (c) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, California, but without regard to its conflict of law provisions. (e) (d) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 5 EX-10.1 2 d157069dex101.htm EX-10.1 EX-10.1 Exhibit 10.5 NLIGHT, INC. EXECUTIVE 10.1 QUANTUMSCAPE CORPORATION EMPLOYEE INCENTIVE COMPENSATION PLAN 1. Purposes of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Employees to (a) (i) perform to the best of their abilities, abilities and (b) (ii) achieve the Company's objectives. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, California, but without regard to its conflict of law provisions. (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 -6- EX-10.27 9 d576774dex1027.htm EX-10.27 EX-10.27 Exhibit 10.5 NLIGHT, 10.27 PFENEX INC. EXECUTIVE INCENTIVE COMPENSATION PLAN Adopted by the Board of Directors on June 17, 2014 and effective immediately prior to the Company's initial public offering 1. Purposes of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Employees to (a) perform to the best of their abilities, and (b) achieve the Company's objectives. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, California, but without regard to its conflict of law provisions. (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 -6- EX-10.24 34 d585722dex1024.htm EX-10.24 EX-10.24 Exhibit 10.5 NLIGHT, 10.24 AEROHIVE NETWORKS, INC. EXECUTIVE INCENTIVE COMPENSATION PLAN Adopted by the Board of Directors on January 29, 2014 and effective immediately prior to the Company's initial public offering 1. Purposes of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Employees to (a) perform to the best of their abilities, and (b) achieve the Company's objectives. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, Delaware, but without regard to its conflict of law provisions. (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 EX-10.10 15 d564161dex1010.htm EX-10.10 EX-10.10 Exhibit 10.5 NLIGHT, 10.10 PROCORE TECHNOLOGIES, INC. EXECUTIVE CASH INCENTIVE COMPENSATION BONUS PLAN Adopted by the Board of Directors on February 19, 2020 1. Purposes of the Plan. The Plan is intended to increase stockholder shareholder value and the success of the Company by motivating Employees to (a) perform to the best of their abilities, and (b) achieve the Company's objectives. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, New Jersey, but without regard to its conflict of law provisions. (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 -6- EX-10.10 14 d637051dex1010.htm EX-10.10 EX-10.10 Exhibit 10.5 NLIGHT, 10.10 OYSTER POINT PHARMA, INC. EXECUTIVE INCENTIVE COMPENSATION PLAN (Adopted on October 2, 2019 and effective as of the Company's initial public offering) 1. Purposes of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Employees to (a) (i) perform to the best of their abilities, abilities and (b) (ii) achieve the Company's objectives. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, California, but without regard to its conflict of law provisions. (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 -6- EX-10.21 20 d494258dex1021.htm EX-10.21 EX-10.21 Exhibit 10.5 NLIGHT, 10.21 SVMK INC. EXECUTIVE INCENTIVE COMPENSATION PLAN Adopted by the Compensation Committee of the Board of Directors on [DATE] and effective on the first day of the fiscal year immediately following the Company's initial public offering 1. Purposes of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Employees to (a) perform to the best of their abilities, and (b) achieve the Company's objectives. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, California, but without regard to its conflict of law provisions. 5 (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 EX-10.1 2 tlnd-20200331ex10159fa71.htm EX-10.1 tlnd_20200331_Ex_10_1_Folio Exhibit 10.5 NLIGHT, INC. 10.1 TALEND S.A. EXECUTIVE INCENTIVE COMPENSATION PLAN 1. Purposes of the Plan. The Plan is intended to increase stockholder shareholder value and the success of the Company by motivating Employees to (a) perform to the best of their abilities, and (b) achieve the Company's objectives. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been include...d. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, California, but without regard to its conflict of law provisions. (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, only and will not serve as a basis for interpretation or construction of the Plan. Page 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 EX-10.25 5 tm2120294d5_ex10-25.htm EXHIBIT 10.25 Exhibit 10.5 NLIGHT, 10.25 LUCID GROUP, INC. EXECUTIVE INCENTIVE COMPENSATION PERFORMANCE BONUS PLAN Adopted by the Board of Directors on July 23, 2021 1. Purposes of the Plan. The Plan is intended to increase stockholder value and the success of the Company by motivating Employees to (a) perform to the best of their abilities, and (b) achieve the Company's objectives. View More
Legal Construction. (a) Gender and Number. Except where otherwise indicated by the context, any masculine term used herein also will include the feminine; the plural will include the singular and the singular will include the plural. -5- (b) Severability. In the event any provision of the Plan will be held illegal or invalid for any reason, the illegality or invalidity will not affect the remaining parts of the Plan, and the Plan will be construed and enforced as if the illegal or invalid provision had not been inc...luded. (c) Requirements of Law. The granting of awards under the Plan will be subject to all applicable laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. (d) Governing Law. The Plan and all awards will be construed in accordance with and governed by the laws of the State of Washington, California, but without regard to its conflict of law provisions. (e) Bonus Plan. The Plan is intended to be a "bonus program" as defined under U.S. Department of Labor regulation 2510.3-2(c) and will be construed and administered in accordance with such intention. (f) Captions. Captions are provided herein for convenience only, and will not serve as a basis for interpretation or construction of the Plan. 6 EX-10.5 8 a2234981zex-10_5.htm EX-10.5 -6- EX-10.1 2 axti-20160222ex101c36188.htm EX-10.1 axti_8-K - EX10.1 2016 Executive Incentive Plan Exhibit 10.5 NLIGHT, 10.1 AXT, INC. EXECUTIVE INCENTIVE COMPENSATION PLAN 1. Purposes of the Plan. The Plan is intended to increase stockholder shareholder value and the success of the Company by motivating Employees to (a) perform to the best of their abilities, and (b) achieve the Company's objectives. View More