Purposes of the Plan Contract Clauses (1,181)

Purposes of the Plan. CohBar, Inc. (the "Company") believes that ownership of shares of its common stock by employees of the Company and its Participating Subsidiaries (as defined below) is desirable as an incentive to better performance and improvement of profits, and as a means by which employees may share in the Company's growth and success. The purpose of the Company's Employee Stock Purchase Plan (the "Plan") is to provide a convenient means by which employees of the Company and Participating Subsidiaries may pu...rchase the Company's shares through payroll deductions and a method by which the Company may assist and encourage employees to become shareholders. The Company intends for this Plan to qualify under Section 423 of the Internal Revenue Code of 1986, as amended (the "Code). View More

Purposes of the Plan. This Sabre Corporation 2019 Omnibus Incentive Compensation Plan is intended to promote the interests of the Company and its stockholders by providing the employees of the Company, who are largely responsible for the management, growth, and protection of the business of the Company, with incentives and rewards to encourage them to continue in the service of the Company. The Plan is designed to meet this intent by providing such employees with a proprietary interest in pursuing the long-term growt...h, profitability, and financial success of the Company. View More

Purposes of the Plan. This Sabre Corporation 2019 Director Equity Compensation Plan is intended to promote the interests of the Company and its stockholders by providing certain compensation to eligible directors of the Company and to encourage the highest level of director performance by providing such directors with a proprietary interest in the Company's success and progress by granting them awards hereunder.

Purposes of the Plan. The purpose of the Plan is to aid the Company in attracting and retaining capable directors, officers and employees and to provide a long range incentive for such persons to remain in the management of the Company, to perform at increasing levels of effectiveness and to acquire a permanent stake in the Company with the interest and outlook of an owner. These objectives will be promoted through the granting of options to acquire shares of Common Stock pursuant to the terms of this Plan.

Purposes of the Plan. The purposes of this Plan are to attract and retain the best available personnel; to provide additional incentives to Employees, Directors and Consultants to contribute to the successful performance of the Company and any Related Entity; to promote the growth of the market value of the Company's Common Stock; to align the interests of Grantees with those of the Company's stockholders; and to promote the success of the Company's business. As of the Effective Date (as defined below), no new awards... shall be granted under the Prior Plans (as defined below). Awards under a Prior Plan that are outstanding as of the Effective Date shall remain subject to the terms and conditions of, and be governed by, their terms and the Prior Plan. View More

Purposes of the Plan. The purpose of the Plan is to attract, retain and reward Participants by providing them with supplemental income for use after their retirement. The Plan is designed to qualify as an unfunded ERISA "top-hat" plan for a select group of management or highly compensated employees of the Company and its subsidiaries designated by the Administrator. The Plan is intended to satisfy the requirements of, and shall be implemented and administered in a manner consistent with, Section 409A of the Internal ...Revenue Code of 1986, as amended (the "Section 409A"). View More

Purposes of the Plan. The purpose of the L3Harris Technologies, Inc. Annual Incentive Plan is to promote the growth and performance of the Company and thereby advance the interest of shareholders by: (i) linking a portion of the total annual compensation for certain key employees to achievement of such corporate or other objectives as shall be approved for each Plan Year; and (ii) assisting in attracting, retaining and motivating certain key employees.

Purposes of the Plan. The purpose of the L3Harris Technologies, Inc. 2015 Equity Incentive Plan is to promote the long-term growth and performance of the Company and thereby increase shareholder value by enabling grants of long-term incentive awards to officers, employees and directors. The Plan is intended to: (i) further align the interests of officers, employees and directors with those of the shareholders by providing incentive compensation opportunities which may be tied to the performance of the Common Stock an...d by encouraging Common Stock ownership by officers, employees, and directors; and (ii) assist in attracting, retaining and motivating selected individuals. View More

Purposes of the Plan. 1 2. Establishment. 1 3. Definitions. 1 A. "Act" 1 B. "Award" 1 C. "Award Agreement" 1 D. "Board" 1 E. "Cash-Based Award" 1 F. "Cause" 2 G. "Change in Control" 2 H. "Code" 2 I. "Committee" 2 J. "Company" 2 K. "Disability" 3 L. "Fair Market Value" 3 M. "Good Reason" 3 N. "Incentive Stock Option" 3 O. "Non-qualified Stock Option" 3 P. "Option" 4 Q. "Other Stock-Based Award" 4 R. "Parent" 4 S. "Participant" 4 T. "Plan" 4 U. "Public Offering" 4 V. "Retirement" 4 W. "Stock" 4 X. "Stock Appreciation R...ight" 4 Y. "Subsidiary" 5 4. Stock Subject to the Plan. 5 5. Administration. 5 6. Committee. 5 7. Options. 6 A. Type of Option. 6 i B. Option Prices. 6 C. Exercise – Elections and Restrictions. 7 D. Option Terms. 7 E. Successive Option Grants. 8 F. Additional Incentive Stock Option Requirements. 8 G. Deferral of Gain on a Non-qualified Stock Option. 8 H. Termination of Employment, Service as a Director, or Consulting Arrangement. 8 8. Stock Appreciation Rights. 9 A. Grant Terms. 9 B. Exercise Terms. 9 C. Limitations. 10 D. Termination of Employment, Service as a Director, or Consulting Arrangement. 10 9. Other Stock-Based Awards and Cash-Based Awards. 11 10. Performance-Based Awards. 11 11. Nontransferability of Awards. 12 12. Adjustments Upon Changes in Capitalization or Corporation Acquisitions. 12 13. Amendment and Termination. 12 14. Effectiveness of the Plan. 13 15. Time of Granting of an Award. 13 16. Term of Plan. 13 17. No Right To Continued Employment. 13 18. Choice of Law. 13 ORCHIDS PAPER PRODUCTS COMPANY 2014 STOCK INCENTIVE PLAN 1.Purpose of the Plan. The purpose of the Plan is to provide the Company with a means to assist in recruiting, retaining and rewarding certain employees, directors and consultants and to motivate such individuals to exert their best efforts on behalf of the Company by providing incentives through the granting of Awards. By granting Awards to such individuals, the Company expects that the interests of the recipients will be better aligned with those of the Company. View More

Purposes of the Plan. The purposes of this 2019 Stock Plan of the Company (the "Plan") are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees, Directors and Consultants and to promote the success of the Company's business. To achieve these purposes, the Company may grant Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant of an option and subject to the applicable provis...ions of Section 422 of the Code and the regulations promulgated thereunder, or the Company may grant Stock Purchase Rights, all in accordance with the terms and conditions of the Plan. The Plan was originally adopted by the Board on October 18, 2019, and was approved by the stockholders of the Company on December 18, 2019. The amendments made to the Plan shall affect only Option and Restricted Stock awards granted on or after the Effective Date. Awards granted prior to the Effective Date shall be governed by the terms of the Plan and the related Option Agreements or Restricted Stock Purchase Agreements as in effect prior to the Effective Date. In the event that the Plan is not approved by the stockholders of the Company, this Plan of the Company shall be null and void and of no force or effect, but the 2013 Amended and Restated Stock Plan then in effect and the Options and Stock Purchase Rights granted thereunder shall remain in full force and effect. View More