Purpose Contract Clauses (8,757)

Purpose. The purpose of this Amended and Restated 2007 Director Stock Option Plan (the "Plan") of American Superconductor Corporation (the "Company") is to encourage stock ownership in the Company by outside directors of the Company whose continued services are considered essential to the Company's future success and to provide them with a further incentive to remain as directors of the Company. This Plan constitutes an amendment and restatement of the 2007 Director Stock Plan, as approved by the... Company's Board of Directors (the "Board") on May 8, 2014, and approved by the Company's stockholders on August 1, 2014, as adjusted to take into account the Company's reverse stock split, effective as of March 24, 2015 (the "Existing Plan"). In the event that the Company's stockholders do not approve the Plan, the Existing Plan will continue in full force and effect on its terms and conditions as in effect immediately prior to the date the Plan is approved by the Board. View More

Purpose. The purpose of this Transaction Bonus Plan for Employees (this "Plan") is to establish a bonus program for all employees (each an "Employee") of Torotel, Inc. (the "Company") as recommended to the Board of Directors of the Company (the "Board") by the Governance, Compensation and Nominating Committee (the "Committee") in recognition of the need to retain the service of these employees through the successful consummation of a transaction resulting in a change of control of the Company (a... "Transaction"). View More

Purpose. ProPetro Services, Inc. (the "Company"), has adopted the ProPetro Services, Inc. Amended and Restated Executive Severance Plan (the "Plan") to provide severance pay to Eligible Executives (as defined below) who experience a Qualifying Termination (as defined below) on or after April 10, 2020 (the "Effective Date"). The Plan is intended to be maintained primarily for the purposes of providing benefits for a select group of management or highly compensated employees and is intended to be a top... hat welfare benefit plan under ERISA. View More

Purpose. The purpose of the 2021 Executive Bonus Plan (this "Plan") is to encourage, recognize, and annually reward the achievement of key financial objectives for BigCommerce Holdings, Inc. (together with its subsidiaries, the "Company").

Purpose. The purpose of the Plan shall be to promote the long-term growth and profitability of the Company and its Affiliates by (a) 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 Affiliates with incentives to maximize shareholder value and otherwise contribute to the success of the Company and (b) enabling the Company to attract, retain and reward the best... available persons for positions of responsibility. Grants of Incentive Stock Options or Non-qualified Stock Options, Stock Appreciation Rights, either alone or in tandem with Options, Restricted Stock, Restricted Stock Units, Performance Awards, Deferred Stock Units, Other Stock-Based Awards or Other Cash-Based Awards, or any combination of the foregoing (collectively, the "Awards") may be made under the Plan. Notwithstanding any provision of the Plan, to the extent that any Award would be subject to Section 409A of the Code, no such Award may be granted if it would fail to comply with the requirements set forth in Section 409A of the Code and any regulations or guidance promulgated thereunder. View More

Purpose. The purpose of this Plan is to aid the Company in attracting, retaining, motivating and rewarding employees, non-employee directors and key consultants to the Company or its subsidiaries, to provide for equitable and competitive compensation opportunities, to recognize individual contributions and reward achievement of Company goals, and promote the creation of long-term value for stockholders by closely aligning the interests of Participants with those of stockholders. The Plan authorizes... equity-based and cash-based incentives for Participants. View More

Purpose. The purpose of this Amended and Restated 2007 Director Stock Option Plan (the "Plan") of American Superconductor Corporation (the "Company") is to encourage stock ownership in the Company by outside directors of the Company whose continued services are considered essential to the Company's future success and to provide them with a further incentive to remain as directors of the Company. This Plan constitutes an amendment and restatement of the 2007 Director Stock Plan, as approved by the... Company's Board of Directors (the "Board") on May 8, 2014, and approved by the Company's stockholders on August 1, 2014, as adjusted to take into account the Company's reverse stock split, effective as of March 24, 2015 (the "Existing Plan"). In the event that the Company's stockholders do not approve the Plan, the Existing Plan will continue in full force and effect on its terms and conditions as in effect immediately prior to the date the Plan is approved by the Board. View More

Purpose. The purpose of this Transaction Bonus Plan for Employees (this "Plan") is to establish a bonus program for all employees (each an "Employee") of Torotel, Inc. (the "Company") as recommended to the Board of Directors of the Company (the "Board") by the Governance, Compensation and Nominating Committee (the "Committee") in recognition of the need to retain the service of these employees through the successful consummation of a transaction resulting in a change of control of the Company (a... "Transaction"). View More

Purpose. ProPetro Services, Inc. (the "Company"), has adopted the ProPetro Services, Inc. Amended and Restated Executive Severance Plan (the "Plan") to provide severance pay to Eligible Executives (as defined below) who experience a Qualifying Termination (as defined below) on or after April 10, 2020 (the "Effective Date"). The Plan is intended to be maintained primarily for the purposes of providing benefits for a select group of management or highly compensated employees and is intended to be a top... hat welfare benefit plan under ERISA. View More

Purpose. The purpose of the 2021 Executive Bonus Plan (this "Plan") is to encourage, recognize, and annually reward the achievement of key financial objectives for BigCommerce Holdings, Inc. (together with its subsidiaries, the "Company").