Purpose Clause Example with 28 Variations from Business Contracts

Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies Subsidiaries and Designated Affiliates with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for Shares of the Company. This Plan to have includes two components: a component that Code Section 423 Component (the "423 Component") and a non-Code Section 423 Component (the "Non-423 Component"). It is intended the intention of the Company to have the 423 Component... qualify as an "employee stock purchase plan" under Section 423 of the Code (the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). Code. The provisions of the 423 Component, accordingly, will shall be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An option to In addition, this Plan authorizes the grant of purchase shares of Common Stock rights under the Non-423 Component will that does not qualify as an "employee stock purchase plan" under Section 423 of the Code; such purchase rights shall be granted pursuant to rules, procedures, procedures or sub-plans subplans adopted by the Administrator Committee designed to achieve tax, securities laws, laws or other objectives for Eligible Employees and the Company. Except as otherwise provided herein, the Non-423 Component will operate be operated and be administered in the same manner as the 423 Component. View More

Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that Code Section 423 Component ("423 Component") and a non-Code Section 423 Component ("Non-423 Component"). The Company's intention is intended to have the 423 Component of the Plan qualify as an "employee stock purchase plan" under Section 423 of the Code ...(the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). Code. The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An In addition, this Plan authorizes the grant of an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Section 423 of the Code; an option granted under the Non-423 Component will be provide for substantially the same benefits as an option granted under the 423 Component, except that a Non-423 Component option may include features necessary to comply with applicable non-U.S. laws pursuant to rules, procedures, or sub-plans adopted by the Administrator designed to achieve tax, securities laws, or other objectives for Eligible Employees and the Company. Administrator. Except as otherwise provided herein, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More

Purpose. The purpose of the this Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the this Plan to have two components: a component that is intended to qualify as an "employee stock purchase plan" under Code Section 423 of the Code (the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Code Section 423 of the Code (the "N...on-423 Component"). The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Code Section 423. In addition, this Plan authorizes the grant of the Code. An an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Code Section 423; an option granted under the Non-423 Component will be provide for substantially the same benefits as an option granted under the 423 Component, except that a Non-423 Component option may include features necessary to comply with applicable non-U.S. laws pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, securities laws, or other objectives for Eligible Employees and the Company. Administrator. Except as otherwise provided herein, herein or by the Administrator, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More

Purpose. The purpose Plan consists of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that is intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423... Component"). The provisions of the 423 Component, accordingly, Component will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis manner consistent with the requirements of Section 423 of the Code. An option to purchase shares of Common Stock under the The Non-423 Component will be granted pursuant subject to rules, procedures, procedures or sub-plans adopted by the Administrator that are designed to achieve tax, securities laws, law or other objectives for the Company and Eligible Employees and the Company. Employees. Except as otherwise provided herein, herein or as determined by the Administrator, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More

Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that is intended to qualify as an "employee stock purchase plan" under Code Section 423 of the Code (the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Code Section 423 of the Code (the "Non-423 Com...ponent"). The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Code Section 423. In addition, this Plan authorizes the grant of the Code. An an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Code Section 423; an option granted under the Non-423 Component will be provide for substantially the same benefits as an option granted under the 423 Component, except that a Non-423 Component option may include features necessary to comply with applicable non-U.S. laws pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, securities laws, or other objectives for Eligible Employees and the Company. Administrator. Except as otherwise provided herein, herein or by the Administrator, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More

Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that Code Section 423 Component ("423 Component") and a non-Code Section 423 Component ("Non-423 Component"). The Company's intention is intended to have the 423 Component of the Plan qualify as an "employee stock purchase plan" under Section 423 of the Code ...(the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). Code. The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An In addition, this Plan authorizes the grant of an option to purchase shares of Common Stock under the Non-423 Component will be granted pursuant to rules, procedures, or sub-plans adopted by that does not qualify as an "employee stock purchase plan" under Section 423 of the Administrator designed to achieve tax, securities laws, or other objectives for Eligible Employees and the Company. Code. Except as otherwise provided herein, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More

Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that Code Section 423 Component ("423 Component") and a non-Code Section 423 Component ("Non-423 Component"). The Company's intention is intended to have the 423 Component of the Plan qualify as an "employee stock purchase plan" under Section 423 of the Code ...(the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). extent possible. The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An In addition, this Plan authorizes the grant of an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Section 423 of the Code; such an option will be granted pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, non-U.S. exchange or securities laws, laws or other objectives for Eligible Employees and the Company. Except as otherwise provided herein, provided, the Non-423 Component will operate and be administered in the same manner as the 423 Component. The Company intends to issue options under the Non-423 Component unless and until it may issue options under the 423 Component that are eligible to satisfy the requirements of Section 423 of the Code. View More

Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that Code Section 423 Component ("423 Component") and a non-Code Section 423 Component ("Non-423 Component"). The Company's intention is intended to have the 423 Component of the Plan qualify as an "employee stock purchase plan" under Section 423 of the Code ...(the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). Code. The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An In addition, this Plan authorizes the grant of an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Section 423 of the Code; such an option will be granted pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, non-U.S. exchange or securities laws, laws or other objectives for Eligible Employees and the Company. Except as otherwise provided herein, provided, the Non-423 Component will operate and be administered in the same manner as the 423 Component. The Company intends to issue options under the Non-423 Component unless and until it may issue options under the 423 Component that are eligible to satisfy the requirements of Section 423 of the Code. View More

Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that is intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). ...The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An In addition, this Plan authorizes the grant of an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Section 423 of the Code; an option granted under the Non-423 Component will be provide for substantially the same benefits as an option granted under the 423 Component, except that a Non-423 Component option may include features necessary to comply with applicable non-U.S. laws pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, securities laws, or other objectives for Eligible Employees and the Company. Administrator. Except as otherwise provided herein, herein or by the Administrator, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More

Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Companies Eligible Employees (as defined below) with an opportunity to purchase Common Stock through accumulated Contributions. The Company intends for the Plan to have two components: a component that is intended Code Section 423 Component ("423 Component") and a non-Code Section 423 Component ("Non-423 Component"). The Company intends to have the 423 Component of the Plan qualify as an "employee stock purchase pl...an" under Section 423 of the Code (the "423 Component") and a component that is not intended to qualify as an "employee stock purchase plan" under Section 423 of the Code (the "Non-423 Component"). Code. The provisions of the 423 Component, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 of the Code. An In addition, the Plan authorizes the grant of an option to purchase shares of Common Stock under the Non-423 Component that does not qualify as an "employee stock purchase plan" under Section 423 of the Code; such an option will be granted pursuant to rules, procedures, procedures or sub-plans adopted by the Administrator designed to achieve tax, securities laws, laws or other objectives for Eligible Employees and the Company. Except as otherwise provided herein, the Non-423 Component will operate and be administered in the same manner as the 423 Component. View More