Purpose Contract Clauses (8,758)

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 this Amedisys Holding, L.L.C. Severance Plan for Key Employees (this "Plan") is to provide a fair framework in the event of the termination of employment in certain circumstances of certain key executive employees of the Company. This document supersedes any prior plan, program or arrangement that provides severance benefits to a Covered Executive (as defined below) eligible for benefits under this Plan. This document is intended to serve both as the official plan document and... the summary plan description for this Plan. The Plan is sponsored by Amedisys Holding, L.L.C. ("Company"). The Company is the Plan Administrator. View More

Purpose. The Employee has been employed in a senior capacity by First Federal Savings Bank of Boston (the "Seller Subsidiary"), which is a wholly-owned subsidiary of the Seller Company. The Board of Directors of the Bank (the "Board") believes that the Employee has the skills, knowledge and experience to be an important and effective contributor to the Bank's success. The Board seeks to encourage the Employee's employment with and commitment to the Bank. The Board also seeks to protect the goodwill that... the Employee has developed for the Seller Subsidiary and will continue to develop for the Bank through the Employee's employment with the Bank. View More

Purpose. The purpose of the 2015 Performance Grant Plan (the "Plan") is to set forth the terms of 2015 Performance Grants awarded by Dominion Resources, Inc., a Virginia corporation (the "Company"), pursuant to the Dominion Resources, Inc. 2014 Incentive Compensation Plan and any amendments thereto (the "2014 Incentive Compensation Plan"). This Plan contains the Performance Goals for the awards, the Performance Criteria, the target and maximum amounts payable, and other applicable terms and conditions.

Purpose. The purposes of the Plan are as follows: (a) To assist employees of the Company and its Designated Subsidiaries (as defined below) in acquiring a stock ownership interest in the Company pursuant to a plan which is intended to qualify as an "employee stock purchase plan" within the meaning of Section 423(b) of the Internal Revenue Code of 1986, as amended. (b) To help employees provide for their future security and to encourage them to remain in the employment of the Company and its Designated... Subsidiaries. View More

Purpose. The purpose of this Plan is to strengthen Community Health Systems, Inc., a Delaware corporation (the "Company"), and its Subsidiaries by providing an incentive to its and their employees, officers, consultants and directors and thereby encouraging them to devote their abilities and industry to the success of the Company's and its Subsidiaries' business enterprises. It is intended that this purpose be achieved by extending to employees (including future employees who have received a formal... written offer of employment), officers, consultants and directors of the Company and its Subsidiaries an added long-term incentive for high levels of performance and unusual efforts through the grant of Incentive Stock Options, Non-qualified Stock Options, Stock Appreciation Rights, Performance Units, Performance Shares, Share Awards, Restricted Stock and Restricted Stock Units (as each term is herein defined). View More

Purpose. The purpose of the Amended and Restated Guaranty Bancorp Change in Control Severance Plan (as Amended and Restated Effective February 3, 2015) (the "Plan") is to recruit and foster the continuous employment of key management personnel of the Company and to reinforce and encourage their continued attention and dedication to their duties in the event of any threat or occurrence of a Change in Control (as defined in Section 2), although no such change is now apparent or contemplated.

Purpose. Administration 3 3. Eligible Participants 3 4. Types of Incentives 3 5. Shares Subject to the Plan 4 5.1. Number of Shares 4 5.2. Cancellation 4 5.3. Type of Common Stock 4 5.4. Limitation on Awards Granted to Non-Employee Directors 4 6. Stock Options 4 6.1. Price 4 6.2. Number 4 6.3. Duration and Time for Exercise 4 6.4. Manner of Exercise 5 6.5. Incentive Stock Options 5 7. Stock Appreciation Rights 6 7.1. Price 6 7.2. Number 6 7.3. Duration 6 7.4. Exercise 6 7.5. Issuance of Shares Upon... Exercise 6 8. Stock Awards, Restricted Stock and Restricted Stock Units 7 8.1. Number of Shares 7 8.2. Sale Price 7 8.3. Restrictions 7 8.4. Enforcement of Restrictions 7 8.5. End of Restrictions 8 8.6. Rights of Holders of Restricted Stock and Restricted Stock Units 8 8.7. Settlement of Restricted Stock Units 8 8.8. Dividend Equivalents 8 9. Performance Awards 8 10. General 8 10.1. Plan Effective Date and Stockholder Approval; Termination of Plan 8 10.2. Duration 9 10.3. Non-transferability of Incentives 9 10.4. Effect of Termination or Death 9 10.5. Restrictions under Securities Laws 9 10.6. Adjustment 10 10.7. Incentive Plans and Agreements 10 10.8. Withholding 10 10.9. No Continued Employment, Engagement or Right to Corporate Assets 10 10.10. Payments Under Incentives 10 10.11. Amendment of the Plan 11 10.12. Amendment of Agreements for Incentives; No Repricing 11 10.13. Sale, Merger, Exchange or Liquidation 11 10.14. Definition of Fair Market Value 12 10.15. Definition of Grant Date 12 10.16. Compliance with Code Section 409A 13 2 FRESH VINE WINE, INC. 2021 EQUITY INCENTIVE PLAN 1. Purpose. The purpose of the 2021 Equity Incentive Plan (the "Plan") of Fresh Vine Wine, Inc., a Nevada corporation (the "Company"), is to increase stockholder value and to advance the interests of the Company by furnishing a variety of economic incentives ("Incentives") designed to attract, retain and motivate employees, certain key consultants and directors of the Company. Incentives may consist of opportunities to purchase or receive shares of common stock, $0.001 par value, of the Company ("Common Stock") or other incentive awards on terms determined under this Plan. View More

Purpose. The purpose of the 2013 Stock Incentive Plan (the "Plan") of GWG Holdings, Inc. (the "Company") is to increase stockholder value and to advance the interests of the Company by furnishing a variety of economic incentives ("Incentives") designed to attract, retain and motivate employees, certain key consultants and directors of the Company. Incentives may consist of opportunities to purchase or receive shares of common stock, $0.001 par value per share, of the Company ("Common Stock") or other... incentive awards on terms determined under this Plan. View More