Purpose Clause Example from Business Contracts

Purpose. The purpose of the EVERTEC, Inc. 2013 Equity Incentive Plan is to provide a means through which the Company and its Subsidiaries may attract and retain key personnel 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 Subsidiaries can acquire and maintain an equity interest in the Company, or be paid incentive compensation, which may (but need not) be measured by ...reference to the value of Common Shares, thereby strengthening their commitment to the welfare of the Company and its Subsidiaries and aligning their interests with those of the Company's shareholders. View More