Purpose Contract Clauses (8,729)
Grouped Into 125 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 purpose of the Employee Bonus Plan for Fiscal Year 2016 of SigmaTron International, Inc., a Delaware Corporation (the "Company") is to align stockholder and employee objectives, motivate employees, and increase stockholder value.
Purpose. The purpose of the
2013 Employee Bonus Plan
for Fiscal Year 2016 of SigmaTron International, Inc., a Delaware Corporation (the "Company") is to align stockholder and employee objectives, motivate employees, and increase stockholder value.
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Purpose. The Estée Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan (the "Plan") is intended to provide incentives which will attract, retain, motivate and reward highly competent people as officers, directors and key employees of The Estée Lauder Companies Inc. (the "Company") and its subsidiaries and affiliates, by providing them opportunities to acquire shares of the Class A Common Stock, par value $.01 per share, of the Company ("Class A Common Stock") or to receive
... monetary payments based on the value of such shares pursuant to the Benefits (as defined below) described herein. Additionally, the Plan is intended to assist in further aligning the interests of the Company's officers, directors and key employees to those of its other stockholders.
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Purpose. The Estée Lauder Companies Inc. Amended and Restated Fiscal 2002 Share Incentive Plan
(as amended and restated as of the date set forth above) (the "Plan") is intended to provide incentives which will attract, retain, motivate and reward highly competent people as officers, directors and key employees of The Estée Lauder Companies Inc. (the "Company") and its subsidiaries and affiliates, by providing them opportunities to acquire shares of the Class A Common Stock, par value $.01 per share,
... of the Company ("Class A Common Stock") or to receive monetary payments based on the value of such shares pursuant to the Benefits (as defined below) described herein. Additionally, the Plan is intended to assist in further aligning the interests of the Company's officers, directors and key employees to those of its other stockholders. The Plan shall apply solely for Benefits granted on and following the date of this amendment and restatement, November 15, 2019. Any Benefit granted prior to such amendment and restatement as of November 15, 2019 shall be subject to the terms and conditions of the plan in effect on the grant date. Nothing in this Plan shall affect the eligibility for any such Benefit to be deductible under Section 162(m) of the Code (as defined below).
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Purpose. The purpose of the Annual Cash Bonus Plan (the "Plan") is to attract and retain key executives for Park-Ohio Industries, Inc., an Ohio corporation (the "Company"), and its Subsidiaries and to provide such persons with incentives for superior performance. Incentive Bonus payments made under the Plan are intended to constitute qualified "performance-based compensation" for purposes of Section 162(m) of the Internal Revenue Code of 1986, as amended, and Section 1.162-27 of the Treasury Regulations
... promulgated thereunder, and the Plan shall be construed consistently with such intention.
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Purpose. The purpose of the
Annual Cash Bonus Executive Officer Performance Based Compensation Plan (the "Plan") is to attract and retain key executives for
Park-Ohio Industries, Inc., an Ohio RBC Bearings Incorporated, a Delaware corporation (the "Company"), and its Subsidiaries and to provide such persons with incentives
and rewards for superior performance. Incentive
Bonus bonus payments
and Stock Grants made under the Plan are intended to constitute qualified "performance-based compensation" for
... purposes of Section 162(m) of the Internal Revenue Code of 1986, as amended, and Section 1.162-27 of the Treasury Regulations promulgated thereunder, there under, and the Plan shall be construed consistently with such intention.
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Purpose. The purpose of the Plan is to encourage and enable selected management, other employees, contractors and directors of the Company, to acquire a proprietary interest in the Company through the ownership of the Common Stock of the Company. The Company intends to use the Plan to attract, retain and motivate Participants to attain exceptional levels of performance and provide Participants with an opportunity to participate in the increased value of the Company which their efforts, initiative, and
... skill have helped produce. The Plan design enables the Company to grant to Participants Incentive Stock Options and/or Non-Qualified Stock Options to purchase shares of Common Stock of the Company. The Plan is effective as of December 20, 2012.
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Purpose. The purpose of the Plan is to encourage and enable selected
management, management and other
employees, contractors and directors employees of the
Company, Company who currently have rights under the Company's Phantom Stock Plan, to acquire a proprietary interest in the Company through the ownership of the Common Stock of the Company. The Company intends to use the Plan to
attract, retain and motivate Participants to attain exceptional levels of performance and provide Participants with an
... opportunity to participate in the increased value of the Company which their efforts, initiative, and skill have helped produce. The Plan design enables the Company to grant to Participants Incentive Stock Options and/or Non-Qualified Stock Options to purchase shares of Common Stock of the Company. The Plan is effective as of December 20, 2012. 1, 2001.
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Purpose. The purpose of the Plan is to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock through accumulated payroll deductions. The Company's intention is to have the Plan qualify as an "employee stock purchase plan" under Section 423 of the Code (the "423(b) Plan"), although the Company makes no undertaking nor representation to maintain such qualification. The provisions of the 423(b) Plan, 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. In addition, this Plan document authorizes the grant of rights to purchase stock that do not qualify under Section 423(b) of the Code ("Non-Section 423(b) Plan") pursuant to rules, procedures or sub-plans adopted by the Board or Committee designed to achieve tax, securities law or other Company compliance objectives in particular locations outside the United States. Such references to the Plan include the 423(b) and the Non-Section 423(b) Plan components. If grants are intended to be made under the Non-Section 423(b) Plan, they will be designated as such at the time of grant.
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Purpose.
This Amended and Restated Lam Research Corporation 1999 Employee Stock Purchase Plan ("Plan") is amended and restated as of November 1, 2012. The
purpose of the Plan is
intended to provide employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock
of the Company through accumulated payroll deductions. The Company's intention is to have the Plan qualify as an "employee stock purchase plan" under Section 423 of the Code (the "423(b) Plan"), although the
... Company makes no undertaking nor or representation to maintain such qualification. The provisions of the 423(b) Plan, accordingly, will be construed so as to extend and limit Plan participation in a uniform and nondiscriminatory basis consistent with the requirements of Section 423 423(b) of the Code. In addition, this Plan document authorizes the grant of rights to purchase stock that do not qualify under Section 423(b) of the Code ("Non-Section 423(b) Plan") pursuant to rules, procedures or sub-plans adopted by the Board or Committee Administrator that are designed to achieve tax, securities law or other Company compliance objectives in particular locations outside the United States. Such references All grants made to participants outside of the Plan include the 423(b) and the Non-Section 423(b) Plan components. If grants are intended United States shall be deemed to be made under the Non-Section 423(b) Plan, they will be a Non-U.S. Sub-Plan, unless otherwise designated as such at the time of grant.
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Purpose. Esterline Technologies Corporation ("Esterline" or the "Company") has established this Annual Incentive Compensation Plan ("Corporate IC Plan" or the "Plan") to reward its officers and other Corporate staff for effective work that leads and supports our operations in achieving expected and superior results for shareholders this fiscal year.
Purpose. Esterline Technologies Corporation ("Esterline" or the "Company") has established this Annual Incentive Compensation Plan ("Corporate IC Plan" or the "Plan") to reward its officers and
other Corporate staff selected senior managers for effective
work leadership that
leads and supports our operations in achieving achieves expected and superior results for shareholders this fiscal year.
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Purpose. The purpose of this Kinex Pharmaceuticals LLC 2004 Unit Option Plan is to provide an incentive to key Employees and non-Employee Directors of, and Consultants and other independent advisors to, Kinex Pharmaceuticals LLC, a Delaware limited liability company (the "Company") or any of its Affiliates, who are in a position to contribute materially to the long-term success of the Company, to increase their interest in the welfare of the Company and its Affiliates and to aid in attracting and
... retaining Employees, Directors and Consultants of outstanding ability.
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Purpose. The purpose of this Kinex Pharmaceuticals
LLC 2004 Unit Inc. 2013 Common Stock Option Plan is to provide an incentive to key Employees and non-Employee Directors of, and Consultants and other independent advisors to, Kinex
Pharmaceuticals LLC, Pharmaceuticals, Inc., a Delaware
limited liability company corporation (the "Company") or any of its Affiliates, who are in a position to contribute materially to the long-term success of the Company, to increase their interest in the welfare of the
... Company and its Affiliates and to aid in attracting and retaining Employees, Directors and Consultants of outstanding ability.
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Purpose. The purposes of this Plan are to retain the services of valued key employees and consultants of the Company and such other persons as the Plan Administrator shall select in accordance with Section 3 below, to encourage such persons to acquire a greater proprietary interest in the Company, thereby strengthening their incentive to achieve the objectives of the shareholders of the Company, and to serve as an aid and inducement in the hiring of new employees and to provide an equity incentive to
... consultants and other persons selected by the Plan Administrator.
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Purpose. The purposes of
this the Plan are to retain the services of
directors, valued key employees and consultants of the Company and such other persons as the
Plan Administrator Committee shall select in accordance with Section
3 below, 4, to encourage such persons to acquire a greater proprietary interest in the Company, thereby strengthening their incentive to achieve the objectives of the shareholders of the Company, and to serve as an aid and inducement in
the hiring
of new employees and to
... provide an equity incentive to directors, consultants and other persons selected by the Plan Administrator. Committee.
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Purpose. In connection with Employee's employment by the Company (the "Employment"), Employee and the Company wish to set forth the terms and conditions under which Employee will be employed by the Company, and certain restrictions applicable to Employee as a result of the Employment with the Company. This Agreement is intended: to allow the parties to engage in the Employment, with the Company giving Employee access to the Company's customers, employees, and Confidential Information (as that term is
... defined below); to protect the Company's business, information, and relationships against unauthorized competition, solicitation, recruitment, use, or disclosure; and to clarify Employee's legal rights and obligations.
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Purpose. In connection with Employee's employment by the Company (the "Employment"), Employee and the Company wish to set forth the terms and conditions under which Employee will be employed by the Company, and certain restrictions applicable to Employee as a result of the Employment with the Company. This Agreement is intended: to allow the parties to engage in the Employment, with the Company giving Employee access to the Company's
customers, Customers, employees, and Confidential Information (as
that... term is those terms are defined below); to protect the Company's business, information, and relationships against unauthorized competition, solicitation, recruitment, use, or disclosure; and to clarify Employee's legal rights and obligations. obligations, to the extent not set forth in the letter to which this Agreement is attached (the "Letter"). Capitalized terms used but not defined in this Agreement shall have the meanings indicated in the Letter or any other exhibit to the Letter, as applicable.
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Purpose. It is the purpose of this 2014 Employee Stock Purchase Plan (the "Plan") to provide a means whereby eligible employees may purchase Class B common stock of Marchex, Inc. (the "Company") through after-tax payroll deductions. It is intended to provide a further incentive for employees to promote the best interests of the Company and to encourage stock ownership by employees in order that they may participate in the Company's economic growth. It is the intention, but not the obligation, of the
... Company that the Plan qualify as an "employee stock purchase plan" within the meaning of Section 423 of the Code, and that the provisions of this Plan be construed in a manner consistent with the Code. The Company's 2004 Employee Stock Purchase Plan, as amended, will terminate on December 31, 2013 (the "2004 Plan"). This Plan shall be effective January 1, 2014.
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Purpose. It is the purpose of this
2014 Employee Stock Purchase Plan
(the "Plan") to provide a means whereby eligible employees may purchase Class B common stock of Marchex, Inc. (the "Company") through after-tax payroll deductions. It is intended to provide a further incentive for employees to promote the best interests of the Company and to encourage stock ownership by employees in order that they may participate in the Company's economic growth. It is the intention, but not the obligation, of the
... Company that the Plan qualify as an "employee stock purchase plan" within the meaning of Section 423 of the Internal Revenue Code, and that the provisions of this Plan be construed in a manner consistent with the Code. The Company's 2004 Employee Stock Purchase Plan, as amended, will terminate on December 31, 2013 (the "2004 Plan"). This Plan shall be effective January 1, 2014.
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