Purpose Eligibility Clause Example with 49 Variations from Business Contracts

This page contains Purpose Eligibility 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.
Purpose Eligibility. 1.1 General Purpose. The purpose of the Plan is to (a) enable the Company, and any Affiliate to attract and retain the types of Employees, Consultants and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Consultants and Directors with those of the shareholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees,... Consultants and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, (e) Performance Share Awards, and (f) Performance Cash Awards. View More Arrow

Variations of a "Purpose Eligibility" Clause from Business Contracts

Purpose Eligibility. 1.1 General Purpose. This AIT Therapeutics, Inc. Amended and Restated 2013 Equity Incentive Plan (the "Plan") is hereby established by AIT Therapeutics, Inc., a Delaware corporation (the "Company"), which amends and restates the AIT Therapeutics, Inc. 2013 Equity Incentive Plan. The purpose purposes of the Plan is are to (a) enable the Company, Company and any Affiliate to attract and retain the types of Employees, Consultants and Directors who will contribute to the Company's long range success...; (b) provide incentives that align the interests of Employees, Consultants and Directors with those of the shareholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Consultants and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, (e) Performance Share Awards, (f) Cash Awards, and (f) Performance Cash (g) Other Equity-Based Awards. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the UMBRLA, Inc. 2019 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, and any Affiliate UMBRLA, Inc., a Nevada corporation (the "Company"), to attract and retain the types of Employees, Consultants and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Consultants and Directors with those of the shareholders of the Comp...any; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Consultants and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors after the receipt of Awards. Affiliates. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Restricted Stock Appreciation Rights, and (d) Restricted Awards, (e) Performance Share Awards, and (f) Performance Cash Awards. Stock Units. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the EnergyTek Corp. 2016 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, and any Affiliate EnergyTek Corp., a Nevada corporation (the "Company"), to attract and retain the types of Employees, Consultants Consultants, Officers and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Consultants and Directors with those of ...the shareholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Consultants Consultants, Officers and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants Consultants, Officers and Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Non-Qualified Stock Options, (c) Stock Appreciation Rights, Rights ("SARs"), (d) Restricted Awards, and (e) Performance Share Awards, and (f) Performance Cash Awards. Restricted Stock Units. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the Actinium Pharmaceuticals, Inc. 2013 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, Actinium Pharmaceuticals, Inc., a Delaware corporation (the "Company"), and any Affiliate to attract and retain the types of Employees, Consultants and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Consultants and Directors with... those of the shareholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Consultants and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, (e) (b) Performance Share Awards, and (f) (c) Performance Cash Compensation Awards. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the Freedom Internet Group, Inc. 2019 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, Freedom Internet Group, Inc., a Puerto Rico corporation (the "Company"), and any Affiliate to attract and retain the types of Employees, Consultants and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Consultants and Directors with ...those of the shareholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Consultants and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, (e) Performance Share Awards, (f) Cash Awards, and (f) Performance Cash (g) Other Equity-Based Awards. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the Sharps Technology, Inc, 2023 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, Sharps Technology, Inc., a Nevada corporation (the "Company"), and any Affiliate to attract and retain the types of Employees, Directors, Employees and Consultants and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Employees and Consult...ants and Directors with those of the shareholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Employees and Consultants and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, (e) Performance Share Awards, (f) Cash Awards, and (f) Performance Cash (g) Other Equity-Based Awards. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the Professional Holding Corp. 2019 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, Professional Holding Corp., a Florida corporation (the "Company"), and any Affiliate to attract and retain the types of Employees, Consultants and Directors who will contribute to the Company's long range long-term success; (b) provide incentives that align the interests of Employees, Consultants and Directors wit...h those of the shareholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons Persons eligible to receive Awards are the Employees, Consultants and Directors of the Company and or its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors of the Company or its Affiliates after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, (e) Performance Share Awards, (f) Cash Awards, and (f) Performance Cash Awards. (g) Other Equity-Based Awards, or any combination of the foregoing. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the Sharps Technology, Inc, 2022 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, Sharps Technology, Inc., a Nevada corporation (the "Company"), and any Affiliate to attract and retain the types of Employees, Employees and Consultants and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Employees and Consultants and Di...rectors with those of the shareholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Employees and Consultants and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, (e) Performance Share Awards, (f) Cash Awards, and (f) Performance Cash (g) Other Equity-Based Awards. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the Vapor Corp. 2015 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, and any Affiliate Vapor Corp., a Delaware corporation (the "Company"), to attract and retain the types of Employees, Consultants Consultants, Officers and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Consultants and Directors with those of the sh...areholders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Consultants Consultants, Officers and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants Consultants, Officers and Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Non-Qualified Stock Options, (c) Stock Appreciation Rights, SARs, (d) Restricted Awards, and (e) Performance Share Awards, and (f) Performance Cash Awards. Restricted Stock Units. View More Arrow
Purpose Eligibility. 1.1 General Purpose. The purpose name of this plan is the Freedom Holding Corp. 2019 Equity Incentive Plan (the "Plan"). The purposes of the Plan is are to (a) enable the Company, Freedom Holding Corp., a Nevada corporation (the "Company"), and any Affiliate to attract and retain the types of Employees, Consultants and Directors who will contribute to the Company's long range success; (b) provide incentives that align the interests of Employees, Consultants and Directors with those of the shareh...olders of the Company; and (c) promote the success of the Company's business. 1.2 Eligible Award Recipients. The persons eligible to receive Awards are the Employees, Consultants and Directors of the Company and its Affiliates and such other individuals designated by the Committee who are reasonably expected to become Employees, Consultants and or Directors after the receipt of Awards. 1.3 Available Awards. Awards that may be granted under the Plan include: (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stock Appreciation Rights, (d) Restricted Awards, Awards and (e) Performance Share Awards, and (f) Performance Cash Other Equity-Based Awards. View More Arrow