Purpose Clause Example with 22 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 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

Variations of a "Purpose" Clause from Business Contracts

Purpose. Definitions 3 3. Administration 8 4. Shares Subject to Plan 9 5. Eligibility; Per-Participant Limitations 10 6. Specific Terms of Awards 10 7. Certain Provisions Applicable to Awards 16 8. Change of Control 18 9. General Provisions 21 2 VERU INC. 2018 EQUITY INCENTIVE PLAN (as amended and restated effective March 29, 2022) 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"...) 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 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. 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. 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. Code Section 162(m) Provisions 16 9. Change of Control 18 10. General Provisions 21 VERU INC. 2017 EQUITY INCENTIVE PLAN 1. Purpose. The purpose of this 2011 VERU INC. 2017 EQUITY INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Inc., a Delaware corporation Veru Inc. (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 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. 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 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") 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 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 INCENTIVE COMPENSATION PLAN 2012 Stock Award Plan (the "Plan") is to assist Identiv, Kona Grill, Inc., a Delaware corporation (the "Company") "Company"), and its Related Entities (as hereinafter defined) in attracting, motivating, retaining retaining, and rewarding high-quality executives Employees, officers, Directors, and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities Consultants by enabli...ng 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 long-term performance incentives to expend their maximum efforts in the creation of stockholder value. The Plan is intended to qualify certain compensation awarded under the Plan for tax deductibility under Section 162(m) of the Code (as hereafter defined) to the extent deemed appropriate by the Committee (or any successor committee) of the Board. View More
Purpose. The purpose of this 2011 VERU INC. 2022 EMPLOYMENT INDUCEMENT EQUITY INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Inc., a Delaware corporation Veru Inc. (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 Eligible 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 AMENDED AND RESTATED 2010 INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Inc., SYNAPTICS INCORPORATED, a Delaware corporation (the "Company") and its Related Entities (as hereinafter defined) in attracting, motivating, retaining and rewarding high-quality executives and other employees, Employees, officers, directors, consultants Directors and other persons who provide services to the Company or its Related Entities Consultants 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. The Plan is intended to qualify certain compensation awarded under the Plan for tax deductibility under Section 162(m) of the Code (as hereafter defined) to the extent deemed appropriate by the Committee. View More
Purpose. The purpose of this 2011 INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Inc., SYNAPTICS INCORPORATED, a Delaware corporation (the "Company") and its Related Entities (as hereinafter defined) in attracting, motivating, retaining and rewarding high-quality executives and other employees, Employees, officers, directors, consultants Directors and other persons who provide services to the Company or its Related Entities Consultants 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, and providing such persons with annual and long term performance incentives to expend their maximum efforts in the creation of stockholder value. The Plan is intended to qualify certain compensation awarded under the Plan for tax deductibility under Section 162(m) of the Code (as hereafter defined) to the extent deemed appropriate by the Committee. View More
Purpose. Definitions 1 3. Administration. 4 4. Shares Subject to Plan. 5 5. Eligibility; Per-Person Award Limitations 6 6. Specific Terms of Awards. 6 7. Certain Provisions Applicable to Awards. 11 8. Code Section 162(m) Provisions. 12 9. Change in Control. 13 10. General Provisions. 14 IDENTIV, INC. 2011 INCENTIVE COMPENSATION PLAN (AS AMENDED THROUGH MARCH 17, 2016) 1. Purpose. The purpose of this 2011 INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Inc., a Delaware corporation (the "Com...pany") 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 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 LEGACY HOUSING CORPORATION 2018 INCENTIVE COMPENSATION PLAN (the "Plan") is to assist Identiv, Inc., Legacy Housing Corporation, 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 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