Purpose Clause Example from Business Contracts

This example Purpose clause appears in 4 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 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 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 consistent with the requirem...ents of that section of the Code. View More
Found in DSP Group, Inc. contract
Incyte Contracts

1997 Employee Stock Purchase Plan of Incyte Corporation, as amended (Filed With SEC on May 27, 2020)

1997 EMPLOYEE STOCK PURCHASE PLAN OF INCYTE CORPORATION (As amended on March 16, 2016) (Filed With SEC on May 27, 2016)

1997 EMPLOYEE STOCK PURCHASE PLAN OF INCYTE CORPORATION (As amended and restated effective November 5, 2014) (Filed With SEC on February 17, 2015)

DSP Group, Inc. Contracts

DSP GROUP, INC. 1993 EMPLOYEE STOCK PURCHASE PLAN (as amended and restated effective May 2015) (Filed With SEC on August 10, 2015)