Purpose Clause Example with 7 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. This Advantagene, Inc. 2015 Stock Plan (the "Plan") is intended to provide incentives: (a) to employees of Advantagene, Inc. (the "Company"), or its parent (if any) or any of its present or future subsidiaries (collectively, "Related Corporations"), by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that qualify as "incentive stock options" ("ISOs") under Section 422 of the Internal Revenue Code of 1986, as amende...d, or any successor statute (the "Code"); (b) to employees, directors and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of the Company pursuant to options granted hereunder that do not qualify as ISOs ("Nonstatutory Stock Options" or "NSOs"); (c) to employees, directors and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of the Company ("Stock Bonuses"); and (d) to employees, directors and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of the Company ("Purchase Rights"). Both ISOs and NSOs are referred to hereafter individually as "Options", and Options, Stock Bonuses and Purchase Rights are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," respectively, as those terms are defined in Section 424 of the Code.View More
Variations of a "Purpose" Clause from Business Contracts
Purpose. This Advantagene, Inc. 2015 Stock 2007 Equity Incentive Plan (the "Plan") is intended to provide incentives: (a) to the officers and other employees of Advantagene, Inc. Yodle, Inc., a Delaware corporation (the "Company"), or its parent (if any) or and any of its present or future parent or subsidiaries of the Company (collectively, "Related Corporations"), Corporations") by providing them with opportunities to purchase Common Stock (as defined below) of stock in the Company pursuant to options ...granted hereunder that which qualify as "incentive stock options" ("ISOs") under Section 422 422(b) of the Internal Revenue Code of 1986, as amended, amended (the "Code") ("ISO" or any successor statute (the "Code"); "ISOs"); (b) to directors, officers, employees, directors consultants and consultants advisors of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of stock in the Company pursuant to options granted hereunder that which do not qualify as ISOs ("Nonstatutory Stock Options" ("Non-Qualified Option" or "NSOs"); "Non-Qualified Options"); (c) to directors, officers, employees, directors consultants and consultants advisors of the Company and Related Corporations by providing them with bonus opportunities to receive awards of Common Stock of stock in the Company ("Stock Bonuses"); whether such stock awards are in the form of bonus shares, stock awards, or of performance share awards ("Awards"); and (d) to directors, officers, employees, directors consultants and consultants advisors of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of restricted stock in the Company ("Purchase Rights"). Both ("Restricted Stock Purchases"). ISOs and NSOs Non-Qualified Options are referred to hereafter individually as "Options", an "Option" and collectively as "Options". Options, Awards and authorizations to make Restricted Stock Bonuses and Purchase Rights Purchases are referred to hereafter individually as a "Stock Right" and collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," respectively, as those terms are defined in Section 424 of the Code. View More
Purpose. This Advantagene, Inc. 2015 2010 Restated Employee Stock Plan (the "Plan") restates and integrates the provisions of the original 2010 Employee Stock Plan and all duly adopted amendments thereto as of August 1, 2018. The Plan is intended to provide incentives: (a) to the officers and other employees of Advantagene, SharpSpring, Inc. (the "Company"), or its parent (if any) or and any of its present or future subsidiaries of the Company (collectively, "Related Corporations"), Corporations") by pro...viding them with opportunities to purchase Common Stock (as defined below) of stock in the Company pursuant to options granted hereunder that which qualify as "incentive stock options" ("ISOs") under Section 422 422(b) of the Internal Revenue Code of 1986, as amended, 1986 (the "Code") ("ISO" or any successor statute (the "Code"); "ISOs"); (b) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of stock in the Company pursuant to options granted hereunder that which do not qualify as ISOs ("Nonstatutory Stock Options" ("Non-Qualified Option" or "NSOs"); "Non-Qualified Options"); (c) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of stock in the Company ("Stock Bonuses"); ("Awards"); and (d) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of stock in the Company ("Purchase Rights"). ("Purchases"). Both ISOs and NSOs Non-Qualified Options are referred to hereafter individually as "Options", an "Option" and collectively as "Options". Options, Stock Bonuses Awards, and Purchase Rights authorizations to make Purchases are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," corporation" respectively, as those terms are defined in Section 424 425 of the Code. View More
Purpose. This Advantagene, Inc. 2015 2014 Employee Stock Plan (the "Plan") is intended to provide incentives: (a) to the officers and other employees of Advantagene, Universal Capital Management, Inc. (the "Company"), or its parent (if any) or and any of its present or future subsidiaries of the Company (collectively, "Related Corporations"), Corporations") by providing them with opportunities to purchase Common Stock (as defined below) of stock in the Company pursuant to options granted hereunder that w...hich qualify as "incentive stock options" ("ISOs") under Section 422 422(b) of the Internal Revenue Code of 1986, as amended, 1986 (the "Code") ("ISO" or any successor statute (the "Code"); "ISOs"); (b) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of stock in the Company pursuant to options granted hereunder that which do not qualify as ISOs ("Nonstatutory Stock Options" ("Non-Qualified Option" or "NSOs"); "Non-Qualified Options"); (c) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of stock in the Company ("Stock Bonuses"); ("Awards"); and (d) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of stock in the Company ("Purchase Rights"). ("Purchases"). Both ISOs and NSOs Non-Qualified Options are referred to hereafter individually as "Options", an "Option" and collectively as "Options". Options, Stock Bonuses Awards, and Purchase Rights authorizations to make Purchases are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," corporation" respectively, as those terms are defined in Section 424 425 of the Code. View More
Purpose. This Advantagene, Inc. 2015 Third Amended and Restated 2012 Stock Plan Plan, as amended (the "Plan") is intended to provide incentives: (a) to employees of Advantagene, Inc. Benefitfocus, Inc., a Delaware corporation (the "Company"), or its parent (if any) or any of its present or future subsidiaries (collectively, "Related Corporations"), by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that qualify as "incenti...ve stock options" ("ISOs") under Section 422 of the Internal Revenue Code of 1986, as amended, or any successor statute (the "Code"); (b) to employees, directors directors, employees and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of the Company pursuant to options granted hereunder that do not qualify as ISOs ("Nonstatutory (Nonstatutory Stock Options" Options, or "NSOs"); (c) to employees, directors employees and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of the Company ("Stock Bonuses"); and (d) to employees, directors employees and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of the Company ("Purchase Rights"). Rights"); and (e) to employees and consultants of the Company and Related Corporations by providing them with the right to receive, without payment to the Company, a number of shares of Common Stock, cash, or any combination thereof determined pursuant to a formula specified herein ("SARs"). Both ISOs and NSOs are referred to hereafter individually as "Options", "Options," and Options, Stock Bonuses and Bonuses, Purchase Rights and SARs are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," respectively, as those terms are defined in Section 424 of the Code. View More
Purpose. This Advantagene, Inc. 2015 Second Amended and Restated 2012 Stock Plan Plan, as amended (the "Plan") is intended to provide incentives: (a) to employees of Advantagene, Inc. Benefitfocus, Inc., a Delaware corporation (the "Company"), or its parent (if any) or any of its present or future subsidiaries (collectively, "Related Corporations"), by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that qualify as "incent...ive stock options" ("ISOs") under Section 422 of the Internal Revenue Code of 1986, as amended, or any successor statute (the "Code"); (b) to employees, directors directors, employees and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of the Company pursuant to options granted hereunder that do not qualify as ISOs ("Nonstatutory (Nonstatutory Stock Options" Options, or "NSOs"); (c) to employees, directors employees and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of the Company ("Stock Bonuses"); and (d) to employees, directors employees and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of the Company ("Purchase Rights"). Rights"); and (e) to employees and consultants of the Company and Related Corporations by providing them with the right to receive, without payment to the Company, a number of shares of Common Stock, cash, or any combination thereof determined pursuant to a formula specified herein ("SARs"). Both ISOs and NSOs are referred to hereafter individually as "Options", "Options," and Options, Stock Bonuses and Bonuses, Purchase Rights and SARs are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," respectively, as those terms are defined in Section 424 of the Code. View More
Purpose. This Advantagene, Inc. 2015 Amended and Restated 2012 Stock Plan (the "Plan") is intended to provide incentives: (a) to employees of Advantagene, Inc. Benefitfocus, Inc., a Delaware corporation (the "Company"), or its parent (if any) or any of its present or future subsidiaries (collectively, "Related Corporations"), by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that qualify as "incentive stock options" ("ISO...s") under Section 422 of the Internal Revenue Code of 1986, as amended, or any successor statute (the "Code"); (b) to employees, directors directors, employees and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of the Company pursuant to options granted hereunder that do not qualify as ISOs ("Nonstatutory (Nonstatutory Stock Options" Options, or "NSOs"); (c) to employees, directors employees and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of the Company ("Stock Bonuses"); and (d) to employees, directors employees and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of the Company ("Purchase Rights"). Rights"); and (e) to employees and consultants of the Company and Related Corporations by providing them with the right to receive, without payment to the Company, a number of shares of Common Stock, cash, or any combination thereof determined pursuant to a formula specified herein ("SARs"). Both ISOs and NSOs are referred to hereafter individually as "Options", "Options," and Options, Stock Bonuses and Bonuses, Purchase Rights and SARs are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," respectively, as those terms are defined in Section 424 of the Code. View More
Purpose. This Advantagene, Inc. 2015 2008 Stock Plan (the "Plan") is intended to provide incentives: (a) to employees of Advantagene, Novan, Inc. (the "Company"), or its parent (if any) or any of its present or future subsidiaries (collectively, "Related Corporations"), by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that qualify as "incentive stock options" ("ISOs") under Section 422 of the Internal Revenue Code of 198...6, as amended, or any successor statute (the "Code"); (b) to employees, directors and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that do not qualify quality as ISOs ("Nonstatutory (Nonstatutory Stock Options" Options, or "NSOs"); (c) to employees, directors directors, and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock (as defined below) of the Company ("Stock Bonuses"); and (d) to employees, directors directors, and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock (as defined below) of the Company ("Purchase Rights"). Both ISOs and NSOs are referred to hereafter individually as "Options", and Options, Stock Bonuses Bonuses, and Purchase Rights are referred to hereafter collectively as "Stock Rights." Rights". As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," corporation", respectively, as those terms are defined in Section 424 of the Code. View More
