Purpose Clause Example with 29 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 Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. The provisions of the Plan, accordingly, shall be construed so as to extend and limit participation in a manner consistent with the requirements of that section of the Code.
Found in Copart Inc contract

Variations of a "Purpose" Clause from Business Contracts

Purpose. The purpose of the this Stereotaxis, Inc. 2022 Employee Stock Purchase Plan ("Plan") is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. payroll deductions. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" "employee stock purchase plan" under Section 423 of the Code. Internal Revenue Code of 1986, as amended. The provisions of the Plan,... accordingly, shall be construed so as to extend and limit participation and otherwise be interpreted in a manner consistent with the requirements of that section of the Code. View More
Found in Stereotaxis, Inc. contract
Purpose. The purpose of the this Employee Stock Purchase Plan (the "Plan") of HireRight Holdings Corporation, a Delaware corporation (the "Company"), is to provide employees eligible Employees of the Company and its Designated Subsidiaries with an a convenient opportunity to purchase Common Stock of the Company through accumulated Contributions. Company. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. The provisions of the Pl...an, Plan shall, accordingly, shall be construed so as to extend and limit participation in a manner consistent with the requirements of that section of the Code. View More
Found in HireRight GIS Group Holdings, LLC contract
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. payroll deductions. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. Internal Revenue Code of 1986, as amended. The provisions of the Plan, accordingly, shall be construed so as to extend and limit participation in a manner consist...ent with the requirements of that section of the Code. However, the Company may grant options pursuant to one or more offerings under the Plan that are not intended to meet the requirements of Code Section 423. View More
Found in 3 Contracts from FTC Solar, Inc.
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. It The Company's intention is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" "employee stock purchase plan" under Section 423 of the Code. The provisions of the Plan, accordingly, shall will be construed so as to extend and limit Plan participation in a manner unifo...rm and nondiscriminatory basis consistent with the requirements of that section Section 423 of the Code. View More
Found in 2 Contracts from 2 Companies
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. payroll deductions. It is the intention intention, but not the obligation, of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" "employee stock purchase plan" under Section 423 of the Code. The Accordingly, the provisions of the Plan, accordingly, Plan shall be construed so as to exten...d and limit participation in a manner uniform and nondiscriminatory basis consistent with the requirements of that section Section 423 of the Code. View More
Found in Paycom Software, Inc. contract
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock Shares of the Company through accumulated Contributions. Company. It is the intention intention, but not the obligation, of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" "employee stock purchase plan" under Section 423 of the Code. The provisions of the Plan, Plan shall, accordingly, shall be construed so as to extend and limit pa...rticipation in a manner consistent with the requirements of that section of the Code. View More
Found in BIOMARIN PHARMACEUTICAL INC contract
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. payroll deductions. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. The provisions of the Plan, accordingly, shall be construed so as to extend and limit participation in a manner uniform and nondiscriminatory basis consistent wit...h the requirements of that section of the Code. Section 423. View More
Found in 2 Contracts from INTEVAC INC
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. Company. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. Internal Revenue Code of 1986, as amended. The provisions of the Plan, Plan shall, accordingly, shall be construed so as to extend and limit participation in a manner consis...tent with the requirements of that section of the Code. View More
Found in 2 Contracts from 2 Companies
Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company through accumulated Contributions. payroll deductions. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section 423 of the Code. Internal Revenue Code of 1986. The provisions of the Plan, Plan shall, accordingly, shall be construed so as to extend and limit participation in a manner consist...ent with the requirements of that section of the Code. View More
Found in Autodesk Inc. contract
Purpose. The purpose of the Plan is to provide employees Employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock Shares of the Company through accumulated Contributions. Company. It is the intention of the Company to have the Plan qualify as an "Employee Stock Purchase Plan" under Section section 423 of the Code. The provisions of the Plan, Plan shall, accordingly, shall be construed so as to extend and limit participation in a manner consistent with the requ...irements of that section of the Code. View More
Found in Murphy Oil contract