Purposes of the Plan Contract Clauses (1,181)

Purposes of the Plan. This Amended and Restated Playtika Holding Corp. Retention Plan has been adopted by the board of directors (the "Board") of Playtika Holding Corp. (the "Company"), effective as of September 23, 2016 (the "Effective Date") (as amended from time to time, the "Plan"), for the benefit of the eligible employees of the Company or any Subsidiary of the Company. The purpose of the Plan is to provide a vehicle under which the Administrator (as defined below) following consultation with Parent can grant c...ertain key employees and consultants of the Company and its Subsidiaries the right to receive cash retention payments ("Retention Awards") and awards providing with an opportunity to participate in the appreciation of the Company's value ("Appreciation Unit Awards," and together with the Retention Awards, the "Awards") in order to retain these key employees and consultants and reward them for contributing to the success of the Company and its Subsidiaries. View More

Purposes of the Plan. The purposes of the Plan are to attract and retain the best available personnel, to provide additional incentives to employees, and to promote the success of the business of Humacyte, Inc. 2. Definitions. (a) "Actual Award" means the actual bonus payout (if any) made to a Participant for the applicable Performance Period, subject to the Committee's authority under Section 3(c) to modify the amount of the payout. (b) "Affiliate" means any corporation or other entity (including, but not limited to..., partnerships and joint ventures) controlled by the Company. (c) "Board" means the Board of Directors of the Company. (d) "Code" means the Internal Revenue Code of 1986, as amended. Reference to a specific section of the Code or regulation thereunder will include such section, any valid regulation promulgated thereunder, and any comparable provision of any future legislation or regulation amending, supplementing or superseding such section or regulation. (e) "Committee" means the committee appointed by the Board (pursuant to Section 5) to administer the Plan. Unless and until the Board otherwise determines, the Board's Compensation Committee will administer the Plan. (f) "Company" means Humacyte, Inc., a Delaware corporation, or any successor entity. (g) "Effective Date" means the date of the closing of the Transaction. (h) "Employee" means any full-time employee of the Company or of an Affiliate. (i) "Participant" means as to any Performance Period, an Employee who has been selected by the Committee for participation in the Plan for that Performance Period. (j) "Performance Period" means the period of time for the measurement of the performance criteria applicable to a Target Award, as determined by the Committee in its sole discretion. (k) "Plan" means this Humacyte, Inc. Annual Bonus Plan, as such may be amended or restated from time to time. (l) "Target Award" means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b). 1 (m) "Transaction" means the transaction contemplated by the Business Combination Agreement, dated as of February 17, 2021, by and among Alpha Healthcare Acquisition Corp., a Delaware corporation ("AHAC"), Hunter Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of AHAC, and Humacyte, Inc., a Delaware corporation. View More

Purposes of the Plan. The purpose is to assist the Company in securing and retaining the services of eligible award recipients to provide incentives to Employees, Directors, and Consultants and promote the long-term financial success of the Company and thereby increase stockholder value.

Purposes 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, consultants, and other individuals providing services to the Company 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 ...by providing recipients with a proprietary interest in the growth and performance of the Company. View More

Purposes of the Plan. This 2021 Equity Incentive Plan (the "Plan") is intended as an incentive, to retain in the employ of and as directors, officers, consultants, advisors and employees to Exactus, Inc., a Nevada corporation (the "Company"), and any Subsidiary of the Company, within the meaning of Section 424(f) of the United States Internal Revenue Code of 1986, as amended (the "Code"), persons of training, experience and ability, to attract new directors, officers, consultants, advisors and employees whose service...s are considered valuable, to encourage the sense of proprietorship and to stimulate the active interest of such persons in the development and financial success of the Company and its Subsidiaries. It is further intended that certain options granted pursuant to the Plan shall constitute incentive stock options within the meaning of Section 422 of the Code (the "Incentive Options") while certain other options granted pursuant to the Plan shall be nonqualified stock options (the "Nonqualified Options"). Incentive Options and Nonqualified Options are hereinafter referred to collectively as "Options." The Company intends that the Plan meet the requirements of Rule 16b-3 ("Rule 16b-3") promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and that transactions of the type specified in subparagraphs (c) to (f) inclusive of Rule 16b-3 by officers and directors of the Company pursuant to the Plan will be exempt from the operation of Section 16(b) of the Exchange Act. Further, the Plan is intended to satisfy the performance-based compensation exception to the limitation on the Company's tax deductions imposed by Section 162(m) of the Code with respect to those Options for which qualification for such exception is intended. In all cases, the terms, provisions, conditions and limitations of the Plan shall be construed and interpreted consistent with the Company's intent as stated in this Section 1. View More

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 and to promote the success of the Company's business. This Plan is intended to replace, in whole or in part, the Prior Plans, and which some of the Prior Plans were automatically terminated and replaced and superseded by this Plan on the date on which this Plan was approved by the Company's stockholders. Any awards granted under the Prior Plan...s remain in effect pursuant to their terms. View More

Purposes of the Plan. The purpose of this Dell Technologies Inc. 2013 Stock Incentive Plan (as it may be amended and restated from time to time, the "Plan"), is to aid Dell Technologies Inc., a Delaware corporation formerly known as Denali Holding Inc. (the "Company"), and its Affiliates in recruiting and retaining employees, directors and other service providers of outstanding ability and to motivate such persons to exert their best efforts on behalf of the Company and its Affiliates by providing incentives through ...the granting or selling of Stock Awards. The Company expects that it will benefit from aligning the interests of such persons with those of the Company and its Affiliates by providing them with equity-based awards with respect to shares of Class C Common Stock. View More