Purpose Contract Clauses (2,126)

Grouped Into 123 Collections of Similar Clauses From Business Contracts

This page contains Purpose clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Purpose. The purpose of the Intrusion Inc. 2021 Omnibus Incentive Plan is to provide a means through which the Company and its Affiliates may attract and retain key personnel and to provide a means whereby directors, officers, employees, consultants and advisors of the Company and its Affiliates can acquire and maintain an equity interest in the Company, or be paid incentive compensation, including incentive compensation measured by reference to the value of Common Stock, thereby strengthening their comm...itment to the welfare of the Company and its Affiliates and aligning their interests with those of the Company's stockholders. View More
Purpose. The purpose of the Intrusion Blackstone Mortgage Trust, Inc. 2021 Omnibus 2018 Stock Incentive Plan is to provide a means through which the Company and its Affiliates may attract and retain key personnel personnel, motivate outstanding performance and to provide a means whereby directors, officers, employees, consultants and advisors (and prospective directors, officers, employees, consultants and advisors) of the Company and its Affiliates, as well as employees of the Manager and its Affiliates... who are providing services to the Company and its Affiliates, can acquire and maintain an equity interest in the Company, or be paid incentive compensation, including incentive compensation measured by reference to the value of Common Stock, thereby strengthening their commitment to the welfare of the Company and its Affiliates and aligning their interests with those of the Company's stockholders. View More
Purpose. The purpose of the Intrusion Alight Inc. 2021 2019 Omnibus Incentive Plan is to provide a means through which the Company and its Affiliates the other members of the Company Group may attract and retain key personnel personnel, and to provide a means whereby directors, officers, employees, consultants consultants, and advisors of the Company and its Affiliates the other members of the Company Group can acquire and maintain an equity interest in the Company, or be paid incentive compensation, inc...luding incentive compensation measured by reference to the value of Common Stock, thereby strengthening their commitment to the welfare of the Company and its Affiliates Group and aligning their interests with those of the Company's stockholders. View More
Purpose. The purpose of the Intrusion Avantor, Inc. 2021 Omnibus 2019 Equity Incentive Plan is to provide a means through which the Company and its Affiliates the other members of the Company Group may attract and retain key personnel personnel, and to provide a means whereby directors, officers, employees, consultants consultants, and advisors of the Company and its Affiliates the other members of the Company Group can acquire and maintain an equity interest in the Company, or be paid incentive compensa...tion, including incentive compensation measured by reference to the value of Common Stock, thereby strengthening their commitment to the welfare of the Company and its Affiliates Group and aligning their interests with those of the Company's stockholders. View More
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Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. The provisions of the Plan, accordingly, shall be construed so as to extend and limit participation in a manner consistent with the requirements of that section of the Code.
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries Companies with an opportunity to purchase Common Stock of the Company through accumulated Contributions. It is the intention of the The Company to have intends for the Plan to qualify as an "Employee Stock Purchase Plan" "employee stock purchase plan" under Section 423 of the Code. The Code and the provisions of the Plan, accordingly, shall Plan will be construed so as to extend and limit Plan particip...ation in a manner uniform and nondiscriminatory basis consistent with the requirements of that section Section 423 of the Code. View More
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. payroll deductions. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. Internal Revenue Code of 1986, as amended. The provisions of the Plan, accordingly, shall be construed so as to extend and limit participation in a manner consist...ent with the requirements of that section of the Code. However, the Company may grant options pursuant to one or more offerings under the Plan that are not intended to meet the requirements of Code Section 423. The Plan was adopted by the Board and approved by the Company's stockholders on [ยท], 2019. The Plan shall become effective on the date of the Company's IPO. View More
Purpose. The purpose of the Plan is to provide employees Associates of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. payroll deductions. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. Internal Revenue Code of 1986, as amended. The provisions of the Plan, accordingly, shall be construed so as to extend and limit participation in a man...ner consistent with the requirements of that section of the Code. View More
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Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that is intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). ...The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An option to purchase shares of Common Stock under the Non-423 Component will be granted pursuant to rules, procedures, or sub-plans adopted by the Administrator designed to achieve tax, securities laws, or other objectives for Eligible Employees and the Company. Except as otherwise provided herein, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that Code Section 423 Component ("423 Component") and a non-Code Section 423 Component ("Non-423 Component"). The Company's intention is intended to have the 423 Component of the Plan qualify as an "employee stock purchase plan" under Section 423 of the Code ...(the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). Code. The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An In addition, this Plan authorizes the grant of an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Section 423 of the Code; such an option will be granted pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, securities laws, laws or other objectives for Eligible Employees and the Company. Except as otherwise provided herein, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More
Purpose. The purpose of the Cambium Networks Corporation Employee Share Purchase Plan (this "Plan") is to provide employees Eligible Employees with a convenient means of acquiring an equity interest in the Company through payroll deductions or other contributions in order to enhance such employees' sense of participation in the affairs of the Company and its Designated Companies with an opportunity Company. This Plan shall apply to purchase Common Stock through accumulated Contributions. The Company inte...nds for Offering Periods beginning on or after the effective date of the initial public offering of the Company's Ordinary Shares (the "IPO"), as determined by the Administrator (as defined below). This Plan to have includes two components: (a) a component that is intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "423 Component") Component"), the provisions of which shall be construed so as to extend and limit participation in a uniform and nondiscriminatory manner consistent with the requirements of Section 423 of the Code; and (b) a component that is does not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An option to purchase shares of Common Stock Component"), under the Non-423 Component will which options shall be granted pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, securities laws, laws or other objectives for Eligible Employees Employees, the Company and the Company. its Participating Subsidiaries and Participating Affiliates. Except as otherwise provided herein, in this Plan, the Non-423 Component will operate and be administered in the same manner as the 423 Component. A total of 550,000 Ordinary Shares are initially reserved for issuance under this Plan. Beginning in 2020, such number is subject to an annual increase on the first day of each fiscal year equal to the lesser of: (i) 275,000 Ordinary Shares; (ii) one percent of the outstanding Ordinary Shares as of the last day of the immediately preceding fiscal year; and (iii) such other amount as the Administrator may determine. The number of shares reserved for issuance under this Plan shall also be subject to adjustments effected in accordance with Section 13 of this Plan. View More
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that is intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). ...The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An In addition, this Plan authorizes the grant of an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Section 423 of the Code; an option granted under the Non-423 Component will be provide for substantially the same benefits as an option granted under the 423 Component, except that a Non-423 Component option may include features necessary to comply with applicable non-U.S. laws pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, securities laws, or other objectives for Eligible Employees and the Company. Administrator. Except as otherwise provided herein, herein or by the Administrator, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More
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Purpose. Dermira, Inc. adopted this Plan effective as of the date of the IPO. The purpose of this Plan is to provide eligible employees of the Company and the Participating Corporations with a means of acquiring an equity interest in the Company through payroll deductions, to enhance such employees' sense of participation in the affairs of the Company and Participating Corporations, and to provide an incentive for continued employment. Capitalized terms not defined elsewhere in the text are defined in Se...ction 28. View More
Purpose. Dermira, Aeglea BioTherapeutics, Inc. has adopted this Plan effective as of the date of the IPO. The purpose of this Plan is to provide eligible employees of the Company and the Participating Corporations with a means of acquiring an equity interest in the Company through payroll deductions, and to enhance such employees' sense of participation in the affairs of the Company and Participating Corporations, and to provide an incentive for continued employment. Company's affairs. Capitalized terms ...not defined elsewhere in the text are defined in Section 28. View More
Purpose. Dermira, Inc. adopted this Plan effective as of the date of the IPO. The purpose of this Plan is to provide eligible employees of the Company and the Participating Corporations with a means of acquiring an equity interest in the Company through payroll deductions, to enhance such employees' sense of participation in the affairs of the Company and Participating Corporations, and to provide an incentive for continued employment. Capitalized terms not defined elsewhere in the text are defined in Se...ction 28. View More
Purpose. Dermira, Inc. adopted this Plan effective as of the date of the IPO. The purpose of this Plan is to provide eligible employees of the Company and the Participating Corporations with a means of acquiring an equity interest in the Company through payroll deductions, to enhance such employees' sense of participation in the affairs of the Company and Participating Corporations, and to provide an incentive for continued employment. Capitalized terms not defined elsewhere in the text are defined in Se...ction 28. View More
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Purpose. The purpose of the Cactus, Inc. Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest, and whose presen...t and potential contributions to the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More
Purpose. The purpose of the Cactus, Inc. Antero Midstream Corporation Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Inc., Antero Midstream Corporation, a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, other service providers, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful ad...ministration and management of the Company and its Affiliates rest, and whose present and potential contributions to the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More
Purpose. The purpose of the Cactus, Hi-Crush Inc. Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Hi-Crush Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company and its Affiliates rest..., and whose present and potential contributions to the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More
Purpose. The purpose of the Cactus, Brigham Minerals, Inc. 2019 Long Term Incentive Plan (the "Plan") is to provide a means through which (a) Cactus, Brigham Minerals, Inc., a Delaware corporation (the "Company"), and its Affiliates may attract, retain and motivate qualified persons as employees, directors and consultants, thereby enhancing the profitable growth of the Company and its Affiliates and (b) persons upon whom the responsibilities of the successful administration and management of the Company ...and its Affiliates rest, and whose present and potential contributions to the welfare of the Company and its Affiliates are of importance, can acquire and maintain stock ownership or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company and its Affiliates. Accordingly, the Plan provides for the grant of Options, SARs, Restricted Stock, Restricted Stock Units, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Substitute Awards, Performance Awards, or any combination of the foregoing, as determined by the Committee in its sole discretion. View More
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Purpose. The Company considers it essential to the best interests of its stockholders to promote and preserve the continuous employment of key management personnel. The Board of Directors of the Company (the "Board") recognizes that, as is the case with many corporations, the possibility of a Change in Control (as defined in Section 2 hereof) exists and that such possibility, and the uncertainty and questions that it may raise among management, may result in the departure or distraction of key management... personnel to the detriment of the Company and its stockholders. Therefore, the Board has determined that appropriate steps should be taken to reinforce and encourage the continued attention and dedication of members of the Company's key management, including the Employee, to their assigned duties without distraction in the face of potentially disturbing circumstances arising from the possibility of a Change in Control. Nothing in this Agreement shall be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between the Employee and the Company, the Employee shall not have any right to be retained in the employ of the Company. View More
Purpose. The Company AquaVenture Holdings Limited (the "Company") considers it essential to the best interests of its stockholders shareholders to promote and preserve foster the continuous employment of key management personnel. The Board of Directors of the Company (the "Board") recognizes recognizes, however, that, as is the case with many corporations, publicly held companies, the possibility of an involuntary termination of employment, either before or after a Change in Control (as defined in Sectio...n 2 hereof) hereof), exists and that such possibility, and the uncertainty and questions that it may raise among management, may result in the departure or distraction of key management personnel to the detriment of the Company and its stockholders. shareholders. Therefore, the Board has determined that appropriate steps this Key Executive Severance Plan (the "Plan") should be taken adopted to reinforce and encourage the continued attention and dedication of members of the Company's key management, including the Employee, Covered Executives to their assigned duties without distraction in the face of potentially disturbing circumstances arising from the possibility of a Change in Control. distraction. Nothing in this Agreement Plan shall be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between and nothing shall alter the Employee and the Company, the Employee shall not have any right to be retained in the employ "at will" nature of the Company. Covered Executives' employment with the Company or any of its direct or indirect subsidiaries (the "Company Group"). View More
Purpose. The Company Pliant Therapeutics, Inc., a Delaware corporation (the "Company") considers it essential to the best interests of its stockholders to promote and preserve foster the continuous employment of key management personnel. The Board of Directors of the Company (the "Board") recognizes recognizes, however, that, as is the case with many publicly-held corporations, the possibility of an involuntary termination of employment, either before or after a Change in Control (as defined in Section 2... hereof) hereof), exists and that such possibility, and the uncertainty and questions that it may raise among management, may result in the departure or distraction of key management personnel to the detriment of the Company and its stockholders. Therefore, the Board has determined that appropriate steps the Pliant Therapeutics, Inc. Executive Severance Plan (the "Plan") should be taken adopted to reinforce and encourage the continued attention and dedication of members of the Company's key management, including the Employee, Covered Executives (as defined in Section 2 hereof) to their assigned duties without distraction in the face of potentially disturbing circumstances arising from the possibility of a Change in Control. distraction. Nothing in this Agreement Plan shall be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between and nothing shall alter the Employee and the Company, the Employee shall not have any right to be retained in the employ "at will" nature of the Covered Executives' employment with the Company. View More
Purpose. The Company AbCellera Biologics Inc., a company incorporated under the Business Corporations Act (British Columbia) (the "Company"), considers it essential to the best interests of its stockholders shareholders to promote and preserve foster the continuous employment of key management personnel. The Board of Directors of the Company (the "Board") recognizes recognizes, however, that, as is the case with many publicly-held corporations, the possibility of an involuntary termination of employment,... either before or after a Change in Control (as defined in Section 2 hereof) hereof), exists and that such possibility, and the uncertainty and questions that it may raise among management, may result in the departure or distraction of key management personnel to the detriment of the Company and its stockholders. shareholders. Therefore, the Board has determined that appropriate steps the AbCellera Biologics Inc. Executive Severance Plan (the "Plan") should be taken adopted to reinforce and encourage the continued attention and dedication of members of the Company's key management, including the Employee, Covered Executives (as defined in Section 2 hereof) to their assigned duties without distraction in the face of potentially disturbing circumstances arising from the possibility of a Change in Control. distraction. Nothing in this Agreement Plan shall be construed as creating an express or implied contract of employment and, except as otherwise agreed in writing between and nothing shall alter the Employee and "at will" nature of the Covered Executives' employment with the Company, the Employee shall not have any right to be retained in the employ of the Company. as applicable. View More
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Purpose. The purpose of this 2011 INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Inc., a Delaware corporation (the "Company") and its Related Entities (as hereinafter defined) in attracting, motivating, retaining and rewarding high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities by enabling such persons to acquire or increase a proprietary interest in the Company in order to strengthen t...he mutuality of interests between such persons and the Company's stockholders, and providing such persons with annual and long term performance incentives to expend their maximum efforts in the creation of stockholder value. View More
Purpose. The purpose of this 2011 GALECTIN THERAPEUTICS, INC. AMENDED AND RESTATED 2009 INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Galectin Therapeutics, Inc., a Delaware Nevada corporation (the "Company") and its Related Entities (as hereinafter defined) in attracting, motivating, retaining and rewarding high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities by enabling such persons t...o acquire or increase a proprietary interest in the Company in order to strengthen the mutuality of interests between such persons and the Company's stockholders, shareholders, and providing such persons with annual and long term performance incentives to expend their maximum efforts in the creation of stockholder shareholder value. View More
Purpose. Definitions 1 3. Administration 6 4. Shares Subject to Plan 7 5. Eligibility; Per-Participant Limitations 8 6. Specific Terms of Awards 8 7. Certain Provisions Applicable to Awards 14 8. Change of Control 16 9. General Provisions 19 VERU INC. 2018 EQUITY INCENTIVE PLAN (as amended and restated effective March 26, 2019) 1. Purpose. The purpose of this 2011 VERU INC. 2018 EQUITY INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Inc., a Delaware corporation Veru Inc. (the "Company") an...d its Related Entities (as hereinafter defined) in attracting, motivating, retaining and rewarding high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities by enabling such persons to acquire or increase a proprietary interest in the Company in order to strengthen the mutuality of interests between such persons and the Company's stockholders, and providing such persons with annual and long term performance incentives to expend their maximum efforts in the creation of stockholder value. View More
Purpose. The purpose of this 2011 3PEA INTERNATIONAL, INC. 2018 INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, 3Pea International, Inc., a Delaware Nevada corporation (the "Company") and its Related Entities (as hereinafter defined) in attracting, motivating, retaining and rewarding high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities by enabling such persons to acquire or increase a pro...prietary interest in the Company in order to strengthen the mutuality of interests between such persons and the Company's stockholders, shareholders, and providing such persons with annual and long term performance incentives to expend their maximum efforts in the creation of stockholder shareholder value. View More
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Purpose. The purpose of the Lantheus Holdings, Inc. 2014 Equity Incentive Plan is to further align the interests of eligible participants with those of the Company's stockholders by providing long-term incentive compensation opportunities tied to the performance of the Company and its Common Stock. The Plan is intended to advance the interests of the Company and increase stockholder value by attracting, retaining and motivating key personnel upon whose judgment, initiative and effort the successful condu...ct of the Company's business is largely dependent. View More
Purpose. The purpose of the Lantheus Holdings, Southeastern Grocers, Inc. 2014 2021 Equity Incentive Plan is to further align the interests of eligible participants with those of the Company's stockholders by providing long-term incentive compensation opportunities tied to the performance of the Company and its Common Stock. The Plan is intended to advance the interests of the Company and increase stockholder value by attracting, retaining and motivating key personnel upon whose judgment, initiative and ...effort the successful conduct of the Company's business is largely dependent. View More
Purpose. The purpose of the Lantheus Holdings, Inc. 2014 Definitive Healthcare Corp. 2021 Equity Incentive Plan is to further align the interests of eligible participants with those of the Company's stockholders by providing long-term incentive compensation opportunities tied to the performance of the Company and its Common Stock. The Plan is intended to advance the interests of the Company and increase stockholder value by attracting, retaining and motivating key personnel upon whose judgment, initiativ...e and effort the successful conduct of the Company's business is largely dependent. View More
Purpose. The purpose of the Lantheus Holdings, Portillo's Inc. 2014 2021 Equity Incentive Plan is to further align the interests of eligible participants with those of the Company's stockholders by providing long-term incentive compensation opportunities tied to the performance of the Company and its Common Stock. The Plan is intended to advance the interests of the Company and increase stockholder value by attracting, retaining and motivating key personnel upon whose judgment, initiative and effort the ...successful conduct of the Company's business is largely dependent. View More
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Purpose. (a) Eligible Stock Award Recipients. The persons eligible to receive Stock Awards are the Employees, Directors and Consultants of the Company and its Affiliates. (b) Available Stock Awards. The purpose of the Plan is to provide a means by which eligible recipients of Stock Awards may be given an opportunity to benefit from increases in value of the Common Stock through the granting of the following Stock Awards: (i) Incentive Stock Options, (ii) Nonstatutory Stock Options, (iii) stock bonuses an...d (iv) rights to acquire restricted stock. (c) General Purpose. The Company, by means of the Plan, seeks to retain the services of the group of persons eligible to receive Stock Awards, to secure and retain the services of new members of this group and to provide incentives for such persons to exert maximum efforts for the success of the Company and its Affiliates. View More
Purpose. (a) Eligible Stock Award Recipients. The persons eligible to receive Stock Awards are the Employees, Directors and Consultants of the Company and its Affiliates. (b) Available Stock Awards. The purpose of the Plan is to provide a means by which eligible recipients of Stock Awards may be given an have the opportunity to benefit from increases in value of the Company's Common Stock through the granting of the following Stock Awards: (i) Incentive Stock Options, (ii) Nonstatutory Stock Options, (ii...i) stock appreciation rights, (iv) stock bonuses and (iv) stock units, (v) rights to acquire restricted stock. shares of stock and restricted stock units, and (vi) convertible warrants. (c) General Purpose. The Company, by means of the Plan, seeks to retain the services of the group of persons eligible to receive Stock Awards, to secure attract and retain the services of new members of this group and eligible persons, to provide incentives for such persons to exert maximum efforts for the success of the Company and its Affiliates. Affiliates, and to align the interests of such persons and those of the Company's stockholders. View More
Purpose. (a) Eligible Stock Award Recipients. The persons generally eligible to receive Stock Awards are the Employees, Directors and Consultants (subject to the specific requirements applicable to individual Stock Awards under Section 5, herein) of the Company and its Affiliates. Affiliates (provided that, for purposes of determining eligibility to receive Stock Awards, if a more restrictive definition of the term "Affiliate" is required by any particular jurisdiction in which a Stock Award is granted t...han "Affiliate" is defined herein, the restrictive definition shall apply). (b) Available Stock Awards. The purpose of the Plan is to provide a means by which eligible recipients of Stock Awards may be given an opportunity to benefit from increases in value of the Common Stock through the granting of the following Stock Awards: (i) Incentive Stock Options, (ii) Nonstatutory Stock Options, (iii) stock bonuses bonuses, (iv) stock purchases, (v) stock units, (vii) stock appreciation rights, and (iv) rights to acquire restricted stock. (viii) other stock-based awards. (c) General Purpose. The Company, by means of the Plan, seeks to retain the services of the group of persons eligible to receive Stock Awards, to secure and retain the services of new members of this group and to provide incentives for such persons to exert maximum efforts for the success of the Company and its Affiliates. View More
Purpose. (a) Eligible Stock Award Recipients. ELIGIBLE STOCK AWARD RECIPIENTS. The persons eligible to receive Stock Awards are the Employees, Non-Employee Directors and Consultants of the Company and its Affiliates. Company. (b) Available Stock Awards. AVAILABLE STOCK AWARDS. The purpose of the Plan is to provide a means by which eligible recipients of Stock Awards Non-Employee Directors may be given an opportunity to benefit from increases in value of the Common Stock through the granting of the follow...ing Stock Awards: (i) Incentive Nonstatutory Stock Options, (ii) Nonstatutory Restricted Stock Options, Awards and (iii) stock bonuses and (iv) rights to acquire restricted stock. Restricted Stock Unit Awards. (c) General Purpose. GENERAL PURPOSE. The Company, by means of the Plan, seeks to retain the services of the group of persons eligible to receive Stock Awards, its Non-Employee Directors, to secure and retain the services of new members of this group Non-Employee Directors and to provide incentives for such persons to exert maximum efforts for the success of the Company and its Affiliates. View More
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Purpose. The purpose of this 2003 Stock Incentive Plan (the "Plan") of Factor Systems, Inc., a Delaware corporation dba Billtrust (the "Company"), is to advance the interests of the Company's stockholders by enhancing the Company's ability to attract, retain and motivate persons who make (or are expected to make) important contributions to the Company by providing such persons with equity ownership opportunities and performance-based incentives and thereby better aligning the interests of such persons wi...th those of the Company's stockholders. Except where the context otherwise requires, the term "Company" shall include any of the Company's present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code") and any other business venture (including, without limitation, joint venture or limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the "Board"). View More
Purpose. The purpose of this 2003 2009 Stock Incentive Plan (the "Plan") of Factor Systems, Inc., Karuna Pharmaceuticals, a Delaware corporation dba Billtrust (the "Company"), is to advance the interests of the Company's stockholders by enhancing the Company's ability to attract, retain and motivate persons who make (or are expected to make) make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives and thereby that are i...ntended to better aligning align the interests of such persons with those of the Company's stockholders. Except where the context otherwise requires, the term "Company" shall include any of the Company's present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code") and any other business venture (including, without limitation, joint venture or limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the "Board"). View More
Purpose. The purpose of this 2003 2020 Stock Incentive Plan (the "Plan") of Factor Systems, Anebulo Pharmaceuticals, Inc., a Delaware corporation dba Billtrust (the "Company"), is to advance the interests of the Company's stockholders by enhancing the Company's ability to attract, retain and motivate persons who make (or are expected to make) make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives and thereby that are ...intended to better aligning align the interests of such persons with those of the Company's stockholders. Except where the context otherwise requires, the term "Company" shall include any of the Company's present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code") and any other business venture (including, without limitation, joint venture or limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the "Board"). View More
Purpose. The purpose of this 2003 2021 Stock Incentive Plan Plan, as amended from time to time (the "Plan") of Factor Systems, iSpecimen Inc., a Delaware corporation dba Billtrust (the "Company"), is to advance the interests of the Company's stockholders by enhancing the Company's ability to attract, retain and motivate persons who make (or are expected to make) make important contributions to the Company and by providing such persons with equity ownership opportunities and and/or performance-based incen...tives and thereby better aligning the interests of such persons with those of the Company's stockholders. incentives. Except where the context otherwise requires, the term "Company" shall include any of the Company's present or future parent or subsidiary corporations of the Company, as defined in Sections 424(e) Section 424(f) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder (the "Code") and (a "Subsidiary" or "Subsidiaries") and, for purposes of Awards (as hereinafter defined) other than Incentive Stock Options (as hereinafter defined), any other business venture (including, without limitation, joint venture or limited liability company) in which the Company has a direct or indirect significant or controlling interest, as determined by the sole discretion of the Board of Directors of the Company (the "Board"). View More
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