Purposes of the Plan Clause Example from Business Contracts

This example Purposes of the Plan clause appears in 3 contracts from 3 companies

Purposes of the Plan. The Plan is intended to encourage ownership of Shares by Employees and directors of and certain consultants to the Company in order to attract such people, to induce them to work for the benefit of the Company or of an Affiliate and to provide additional incentive for them to promote the success of the Company or of an Affiliate. The Plan provides for the granting of ISOs, Non-Qualified Options and Stock Grants.
Found in Protagenic Therapeutics, Inc. contract
Protagenic Therapeutics, Inc. Contracts

PROTAGENIC THERAPEUTICS, INC. FORM OF 2006 EMPLOYEE, DIRECTOR AND CONSULTANT STOCK PLAN (Filed With SEC on February 12, 2016)

RAINDANCE TECHNOLOGIES INC Contracts

RAINDANCE TECHNOLOGIES, INC. 2005 EMPLOYEE, DIRECTOR AND CONSULTANT STOCK PLAN (Filed With SEC on March 31, 2015)

Aldeyra Therapeutics, Inc. Contracts

NEURON SYSTEMS, INC. 2004 EMPLOYEE, DIRECTOR AND CONSULTANT STOCK PLAN (Filed With SEC on January 6, 2014)