Purpose Clause Example with 4 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 the Reata Pharmaceuticals, Inc. Amended and Restated 2007 Long Term Incentive Plan (the "Plan") is to provide a means through which Reata Pharmaceuticals, Inc., a Delaware corporation (the "Company"), and its Subsidiaries may attract and retain able persons as employees, directors and consultants and to provide a means whereby those persons upon whom the responsibilities of the successful administration and management of the Company, and its Subsidiaries, rest, and whose present a...nd potential contributions to the welfare of the Company, and its Subsidiaries, are of importance, can acquire and maintain stock ownership, or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company, and its Subsidiaries, and their desire to remain employed. A further purpose of this Plan is to provide such employees, directors and consultants with additional incentive and reward opportunities designed to enhance the profitable growth of the Company. Accordingly, this Plan primarily provides for the granting of Incentive Stock Options, Nonstatutory Stock Options, Restricted Stock Awards, Restricted Stock Units, Stock Appreciation Rights, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Performance Awards, Substitute Awards or any combination of the foregoing, as is best suited to the circumstances of the particular individual as provided herein.View More
Variations of a "Purpose" Clause from Business Contracts
Purpose. The purpose of the Reata Pharmaceuticals, CS Disco, Inc. Amended and Restated 2007 Long Term Incentive Plan (the "Plan") is to provide a means through which Reata Pharmaceuticals, CS Disco, Inc., a Delaware corporation (the "Company"), corporation, and its Subsidiaries (collectively, except where otherwise specified or where the context indicates reference only to CS Disco, Inc., the "Company"), may attract and retain able persons as employees, directors and consultants of the Company and to pro...vide a means whereby those persons Persons upon whom the responsibilities of the successful administration and management of the Company, and its Subsidiaries, Company rest, and whose present and potential contributions to the welfare of the Company, and its Subsidiaries, Company are of importance, can acquire and maintain stock ownership, or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company, and its Subsidiaries, Company and their desire to remain employed. A further purpose of this Plan is to provide such employees, directors and consultants with additional incentive and reward opportunities designed to enhance the profitable growth of the Company. Accordingly, this Plan primarily provides for the granting of Incentive Stock Options, Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock Awards, Stock, Restricted Stock Units, Stock Appreciation Rights, Stock Awards, Bonus Stock, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Performance Awards, Substitute Annual Incentive Awards or any combination of the foregoing, as is best suited to the circumstances of the particular individual as provided herein. View More
Purpose. The purpose of the Reata Pharmaceuticals, Oasis Petroleum Inc. Amended and Restated 2007 Long 2010Long Term Incentive Plan (the "Plan") is to provide a means through which Reata Pharmaceuticals, Oasis Petroleum Inc., a Delaware corporation (the "Company"), and its Subsidiaries may attract and retain able persons as employees, directors and consultants and to provide a means whereby those persons persons, upon whom the responsibilities of the successful administration and management of the Compan...y, and its Subsidiaries, rest, rest and whose present and potential contributions to the welfare of the Company, Company and its Subsidiaries, Subsidiaries are of importance, can acquire and maintain stock ownership, ownership or awards awards, the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company, Company and its Subsidiaries, Subsidiaries and their desire to remain employed. A further purpose of this Plan is to provide such employees, directors and consultants with additional incentive and reward opportunities designed to enhance the profitable growth of the Company. Accordingly, this Plan primarily provides for the granting of Incentive Stock Options, Nonstatutory Nonqualified Stock Options, Stock Appreciation Rights, Restricted Stock Awards, Restricted Stock Units, Stock Appreciation Rights, Stock Awards, Bonus Stock, Dividend Equivalents, and Other Stock-Based Awards, Cash Awards, any of which may be further designated as Performance Awards, Substitute Awards or any combination of the foregoing, as is best suited to the circumstances of the particular individual as provided herein. Awards. View More
Purpose. The purpose of the Reata Pharmaceuticals, Inc. Amended and Restated 2007 Immuneering Corporation Long Term Incentive Plan (the or this "Plan") is to provide a means through which Reata Pharmaceuticals, Inc., Immuneering Corporation, a Delaware corporation (the "Company"), and its Subsidiaries may attract and retain able persons as employees, directors and consultants and to provide a means whereby those persons upon whom the responsibilities of the successful administration and management of the... Company, and its Subsidiaries, rest, and whose present and potential contributions to the welfare of the Company, and its Subsidiaries, are of importance, can acquire and maintain stock ownership, or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company, and its Subsidiaries, and their desire to remain employed. A further purpose of this Plan is to provide such employees, directors and consultants with additional incentive and reward opportunities designed to enhance the profitable growth of the Company. Accordingly, this Plan primarily provides for the granting of Incentive Stock Options, Nonstatutory Stock Options, Restricted Stock Awards, Restricted Stock Units, Stock Appreciation Rights, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Performance Awards, Substitute Awards Stock, or any combination of the foregoing, as is best suited to the circumstances of the particular individual as provided herein. View More
Purpose. The purpose of the Reata Pharmaceuticals, NEP Group, Inc. Amended and Restated 2007 2015 Long Term Incentive Plan (the "Plan") is to provide a means through which Reata Pharmaceuticals, NEP Group, Inc., a Delaware corporation (the "Company"), and its Subsidiaries may attract and retain able persons as employees, directors and consultants and to provide a means whereby those persons upon whom the responsibilities of the successful administration and management of the Company, and its Subsidiaries..., rest, and whose present and potential contributions to the welfare of the Company, and its Subsidiaries, are of importance, can acquire and maintain stock ownership, or awards the value of which is tied to the performance of the Company, thereby strengthening their concern for the welfare of the Company, and its Subsidiaries, and their desire to remain employed. A further purpose of this Plan is to provide such employees, directors and consultants with additional incentive and reward opportunities designed to enhance the profitable growth of the Company. Accordingly, this Plan primarily provides for the granting of Incentive Stock Options, Nonstatutory Stock Options, Restricted Stock Awards, Restricted Stock Units, Stock Appreciation Rights, Stock Awards, Dividend Equivalents, Other Stock-Based Awards, Cash Awards, Performance Awards, Substitute Awards or any combination of the foregoing, as is best suited to the circumstances of the particular individual as provided herein. View More