Purpose Clause Example with 11 Variations from Business Contracts

This page contains Purpose 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. 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
Found in South Mountain Merger Corp. contract

Variations of a "Purpose" Clause from Business Contracts

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 those persons with opportunities for equity ownership opportunities and performance-based incentives incentives, and thereby to better al...igning align the interests of such those persons with those the interests of the Company's stockholders. Except where the context otherwise requires, the term "Company" shall include any of the Company's Sterling Construction Company, Inc. and all its present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) Section 424(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"). "Code.") View More
Found in STERLING CONSTRUCTION CO INC contract
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
Found in 2 Contracts from iSpecimen Inc.
Purpose. The purpose of this 2003 Stock 2017 Non-qualified Equity Incentive Plan (the (this "Plan") of Factor Systems, Inc., AdvanSource Biomaterials Corporation, , 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 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) Section 424(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"). "Code"). View More
Found in AdvanSource Biomaterials Corp contract
Purpose. The purpose of this 2003 2016 Stock Incentive Plan (the (this "Plan") of Factor Systems, Oxygen Therapy, 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 i...nterests 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) Section 424(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"). "Code"). View More
Found in Vector Therapeutics, Inc. contract
Purpose. The purpose of this 2003 Amended and Restated Stock Incentive Plan (the (as amended from time to time, the "Plan") of Factor Systems, Sonus Networks, 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 performa...nce-based incentives and thereby better aligning the that are intended to align their 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"). The Plan is amended and restated effective as of and conditioned upon the approval of the Company's stockholders at its 2017 annual meeting of stockholders (with the effective date of the Plan as amended being the "2017 Effective Date"). View More
Found in SONUS NETWORKS INC contract
Purpose. The purpose of this 2003 Amended and Restated Stock Incentive Plan (the (as amended from time to time, the "Plan") of Factor Systems, Sonus Networks, 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 performa...nce-based incentives and thereby better aligning the that are intended to align their 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"). The Plan is amended and restated effective as of and conditioned upon the approval of the Company's stockholders at its 2016 annual meeting of stockholders (with the effective date of the Plan as amended being the "2016 Effective Date"). View More
Found in SONUS NETWORKS INC contract
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
Found in Karuna Therapeutics, Inc. contract
Purpose. The purpose of this 2003 2007 Stock Incentive Plan (the "Plan") of Factor Systems, Sonus Networks, 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 better aligning th...e that are intended to align their 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
Found in 2 Contracts from SONUS NETWORKS INC
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
Found in 2 Contracts from Anebulo Pharmaceuticals, Inc.
Purpose. The purpose of this 2003 Amended and Restated 2011 Stock Incentive Plan (the "Plan") of Factor Systems, Constant Contact, 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 the...reby 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 issued 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
Found in Constant Contact, Inc. contract