Purpose Clause Example from Business Contracts

This example Purpose clause appears in 5 contracts from 4 companies

Purpose. The purpose of the 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 certain directors, officers, employees, consultants and advisors (and certain prospective 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, which may be 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
Found in B. Riley Principal Merger Corp. II contract
B. Riley Principal Merger Corp. II Contracts

B. Riley Principal Merger Corp. II 2020 Incentive Plan (Filed With SEC on November 20, 2020)

African Agriculture, Inc. Contracts

Form of African Agriculture, Inc. 2022 Incentive Plan (Filed With SEC on April 20, 2022)

10X Capital Venture Acquisition Corp. II Contracts

African Agriculture, Inc. 2022 Incentive Plan and form Restricted Stock Unit Award Agreement (Filed With SEC on January 20, 2023)

Inflection Point Acquisition Corp. Contracts

Intuitive Machines, Inc. 2023 Long Term Omnibus Incentive Plan (Filed With SEC on February 14, 2023)

Intuitive Machines, Inc. 2023 Long Term Omnibus Incentive Plan (Filed With SEC on February 15, 2023)