Purpose Contract Clauses (2,126)

Grouped Into 123 Collections of Similar Clauses From Business Contracts

This page contains Purpose clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Purpose. The purposes of the Plan are to retain the services of qualified individuals who are not employees of the Company to serve as members of the Board and to secure for the Company the benefits of the incentives inherent in increased Common Stock ownership by such individuals by granting such individuals Awards in respect of Shares.
Purpose. The purposes of the Plan are to retain the services of qualified individuals who are not employees of the Company to serve as members of the Board and to secure for the Company the benefits of the incentives inherent in increased Common Stock ownership by such individuals by granting such individuals Awards in respect to purchase or acquire shares of Shares. Common Stock.
View Variation
Purpose. This Agreement sets forth the duties, compensation, and terms and conditions of Ching's affiliation with the Company after the Separation Date and during his tenure as a consultant of the Company ("Consultant", as defined by the duties specified below).
Purpose. This Agreement sets forth the duties, compensation, and terms and conditions of Ching's Yamada's affiliation with the Company after the Separation Retirement Date and during his tenure as a consultant of the Company ("Consultant", as defined by the duties specified below).
View Variation
Purpose. The Plan is intended to provide incentives to directors, officers, advisors, consultants, key employees, and others expected to provide significant services to the Company and its Subsidiaries, including the personnel, employees, officers and directors of the other Participating Companies, to encourage a proprietary interest in the Company, to encourage such key personnel to remain in the service of the Company and the other Participating Companies, to attract new personnel with outstanding qual...ifications, and to afford additional incentive to others to increase their efforts in providing significant services to the Company and the other Participating Companies. In furtherance thereof, the Plan permits awards of equity-based incentives to key personnel, employees, officers and directors of, and certain other providers of services to, the Company or any other Participating Company. View More
Purpose. The Plan is intended to provide incentives to directors, officers, advisors, consultants, key employees, and others expected to provide significant services to the Company and its Subsidiaries, including the Manager and personnel, employees, officers and directors of the other Participating Companies, Companies (as defined herein), to encourage a proprietary interest in the Company, to encourage the Manager and such key personnel to remain in the service of the Company and the other Participatin...g Companies, to attract new personnel with outstanding qualifications, and to afford additional incentive to others to increase their efforts in providing significant services to the Company and the other Participating Companies. Companies, in each case, as may be necessary from time to time. In furtherance thereof, the Plan permits awards of equity-based incentives to the Manager and key personnel, employees, officers and directors of, and certain other providers of services to, the Company or any other Participating Company. View More
View Variation
Purpose. This plan shall be known as the Epiq Systems, Inc. Amended and Restated 2004 Equity Incentive Plan (this "Plan"). The purpose of this Plan shall be to promote the long-term growth and profitability of Epiq Systems, Inc. (the "Company") and its Subsidiaries by (i) providing certain directors, officers and employees of, and certain other individuals who perform services for, or to whom an offer of employment has been extended by, the Company and its Subsidiaries with incentives to maximize stockho...lder value and otherwise contribute to the success of the Company and (ii) enabling the Company to attract, retain and reward the best available persons for positions of responsibility. Any combination of Awards may be made under this Plan. View More
Purpose. This plan shall be known as the Epiq Systems, Inc. Amended and Restated 2004 Equity Incentive Plan (this "Plan"). The purpose of this Plan shall be to promote the long-term growth and profitability of Epiq Systems, Inc. (the "Company") and its Subsidiaries by (i) providing certain directors, officers and employees of, and certain other individuals who perform services for, or to whom an offer of employment has been extended by, the Company and its Subsidiaries with incentives to maximize stockho...lder value and otherwise contribute to the success of the Company and (ii) enabling the Company to attract, retain and reward the best available persons for positions of responsibility. Any Grants of incentive stock options, non-qualified stock options, stock appreciation rights ("SARs"), either alone or in tandem with options, restricted stock, or any combination of Awards the foregoing may be made under this Plan. View More
View Variation
Purpose. The purpose of the Tactile Systems Technology, Inc. 2007 Omnibus Stock Plan (the "Plan") is to promote the interests of the Company and its stockholders by providing key personnel of the Company and its Affiliates with an opportunity to acquire a proprietary interest in the Company and reward them for achieving a high level of performance and thereby develop a stronger incentive to put forth maximum effort for the continued success and growth of the Company and its Affiliates. In addition, the o...pportunity to acquire a proprietary interest in the Company will aid in attracting and retaining key personnel of outstanding ability. The Plan is also intended to provide Outside Directors with an opportunity to acquire a proprietary interest in the Company, to compensate Outside Directors, consultants and advisors for their contribution to the Company and to aid in attracting and retaining Outside Directors and qualified consultants and advisors. View More
Purpose. The purpose of the Tactile Systems Technology, Inc. 2007 Omnibus Stock RLI Corp. 2015 Long-Term Incentive Plan (the "Plan") is to promote the interests of the Company and its stockholders shareholders by providing key personnel of the Company and its Affiliates with an opportunity to acquire a proprietary interest in the Company and reward them for achieving a high level of corporate performance and thereby develop a stronger strong incentive to put forth maximum effort for the continued success... and growth of the Company and its Affiliates. In addition, the opportunity to acquire a proprietary interest in the Company will aid in attracting and retaining key personnel of outstanding ability. The Plan is also intended to provide Outside Directors with an opportunity to acquire a proprietary interest in the Company, to compensate Outside Directors, consultants and advisors Directors for their contribution to the Company and to aid in attracting and retaining Outside Directors and qualified consultants and advisors. Directors. No further awards shall be made under the Company's Omnibus Stock Plan or the 2010 Long-Term Incentive Plan after the Effective Date of this Plan. View More
View Variation
Purpose. This Seattle Genetics, Inc. Long Term Incentive Plan for SGN-CD33A (the "Plan") is intended to increase stockholder value and the success of the Company by retaining and motivating selected Participants to achieve the Company's objectives and to remain in service with the Company or a Subsidiary. The Plan goals are to be achieved by providing such Participants with either cash or cash and stock incentive award opportunities, where payment or granting, as applicable, of the Awards shall be based ...on the receipt of regulatory approvals for SGN-CD33A (as hereafter defined), as more specifically set forth herein. The Plan is intended to permit the grant of Stock Awards that may qualify as "performance-based compensation" within the meaning of Section 162(m) of the Code. Capitalized terms used but not otherwise defined herein shall have the meanings set forth in Section 2 of the Plan. View More
Purpose. This Seattle Genetics, Inc. Long Term Incentive Plan for SGN-CD33A EV and TV (the "Plan") is intended to increase stockholder value and the success of the Company by retaining and motivating selected Participants to achieve the Company's objectives and to remain in service with the Company or a Subsidiary. The Plan goals are to be achieved by providing such Participants with either cash or cash and stock incentive award opportunities, where payment or granting, as applicable, of the Awards shall... be based on the receipt of regulatory FDA approvals for SGN-CD33A (as hereafter defined), EV and TV, as more specifically set forth herein. The Plan is intended to permit the grant of Stock Awards that may qualify as "performance-based compensation" within the meaning of Section 162(m) of the Code. Capitalized terms used but not otherwise defined herein shall have the meanings set forth in Section 2 of the Plan. View More
View Variation
Purpose. The principal purposes of this CBS Radio Inc. Executive Bonus Plan are to assist the Company (as defined below) in attracting, motivating and retaining participating Eligible Executives (as defined below) who have significant responsibility for the growth and success of the Company by providing incentive awards that ensure a strong pay-for-performance linkage for such executives, and to permit the incentive awards paid under this Plan to qualify as performance-based compensation under Section 16...2(m). View More
Purpose. The principal purposes of this CBS Radio Outdoor Americas Inc. Executive Bonus Plan are to assist the Company (as defined below) in attracting, motivating and retaining participating Eligible Executives (as defined below) who have significant responsibility for the growth and long-term success of the Company by providing incentive awards that ensure a strong pay-for-performance linkage for such executives, and to permit the incentive awards paid under this Plan to qualify as performance-based co...mpensation under Section 162(m). View More
View Variation
Purpose. The purpose of the Vantage Drilling International Amended and Restated 2016 Management Incentive Plan is to further align the interests of participants with those of the shareholders by providing incentive compensation opportunities tied to the performance of the Common Stock and Stapled Securities (each as defined below) and by promoting increased ownership of the Common Stock and/or Stapled Securities by such individuals. The Plan is also intended to advance the interests of the Company and it...s shareholders by attracting, retaining and motivating key personnel upon whose judgment, initiative and effort the successful conduct of the Company's business is largely dependent, as part of a management equity plan designed to comply with Regulation D or Rule 701, as applicable, promulgated under the Securities Act. The Plan was originally adopted by the Board on the Effective Date (as defined below), and was subsequently amended and restated as of August 9, 2016. View More
Purpose. The purpose of the Vantage Drilling International Amended and Restated Penn Virginia Corporation 2016 Management Incentive Plan is to further align the interests of participants with those of the shareholders by providing incentive compensation opportunities tied to the performance of the Common Stock and Stapled Securities (each as (as defined below) and by promoting increased ownership of the Common Stock and/or Stapled Securities by such individuals. The Plan is also intended to advance the i...nterests of the Company and its shareholders by attracting, retaining and motivating key personnel upon whose judgment, initiative and effort the successful conduct of the Company's business is largely dependent, as part of a management equity plan designed to comply with Regulation D or Rule 701, as applicable, promulgated under the Securities Act. The Plan was originally adopted by the Board on the Effective Date (as defined below), and was subsequently amended and restated as of August 9, 2016. View More
View Variation
Purpose. Benefits under this Article III supplement the benefits of Eligible Employees to the extent that such benefits cannot be paid from the Company's tax-qualified defined benefit plans because of the limitations on benefits contained in Code section 415 and/or Code section 401(a)(17). It is intended that the provisions of this Article which relate to the limitations imposed by Code section 415 constitute a separate plan for purposes of Section 3(36) of the Employee Retirement Income Security Act of ...1974 (ERISA). View More
Purpose. Benefits under this Article III supplement the benefits of Eligible Employees to the extent that such benefits cannot be paid from the Company's tax-qualified defined benefit plans because of the limitations – 3 – EXECUTION COPY on benefits contained in Code section 415 and/or Code section 401(a)(17). It is intended that the provisions of this Article which relate to the limitations imposed by Code section 415 constitute a separate plan for purposes of Section 3(36) of the Employee Retirement In...come Security Act of 1974 (ERISA). View More
View Variation
Purpose. The purpose of the Globalink, Ltd. 2015 Stock Awards Plan is to provide a means through which Globalink, Ltd., a Nevada corporation, and its subsidiaries, if any, may attract, retain and motivate employees, directors and persons affiliated with the Company, including, but not limited to, non-employee consultants, and to provide a means whereby such persons can acquire and maintain stock ownership, thereby strengthening their concern for the welfare of the Company. A further purpose of the Plan i...s to provide such participants with additional incentive and reward opportunities designed to enhance the profitable growth and increase stockholder value of the Company. To further align the interests of employees, directors and non-employee consultants with those of the stockholders by providing incentive compensation opportunities tied to the performance of the Common Stock and by promoting increased ownership of the Common Stock by such individuals. The Plan is also intended to advance the interests of the Company and its stockholders by attracting, retaining and motivating key personnel upon whose judgment, initiative and effort the successfully conduct of the Company's business is largely dependent. Accordingly, the Plan provides for granting Incentive Stock Options, options that do not constitute Incentive Stock Options, Stock Appreciation Rights, Restricted Stock Awards, Phantom Stock Awards, or any combination of the foregoing, as is best suited to the particular circumstances as provided herein. View More
Purpose. The purpose of the Globalink, Ltd. 2015 IIOT-OXYS, Inc. 2017 Stock Awards Plan is to provide a means through which Globalink, Ltd., IIOT-OXYS, Inc., a Nevada corporation, and its subsidiaries, if any, may attract, retain and motivate employees, directors and persons affiliated with the Company, including, but not limited to, non-employee consultants, and to provide a means whereby such persons can acquire and maintain stock ownership, thereby strengthening their concern for the welfare of the Co...mpany. A further purpose of the Plan is to provide such participants with additional incentive and reward opportunities designed to enhance the profitable growth and increase stockholder value of the Company. To further align the interests of employees, directors and non-employee consultants with those of the stockholders by providing incentive compensation opportunities tied to the performance of the Common Stock and by promoting increased ownership of the Common Stock by such individuals. The Plan is also intended to advance the interests of the Company and its stockholders by attracting, retaining and motivating key personnel upon whose judgment, initiative and effort the successfully conduct of the Company's business is largely dependent. Accordingly, the Plan provides for granting Incentive Stock Options, options that do not constitute Incentive Stock Options, Stock Appreciation Rights, Restricted Stock Awards, Phantom Stock Awards, or any combination of the foregoing, as is best suited to the particular circumstances as provided herein. View More
View Variation