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. This Sixteenth Amended and Restated BancFirst Corporation Stock Option Plan ("the Plan") incorporates the amendments to the Fifteenth Amended and Restated BancFirst Corporation Stock Option Plan adopted by the stockholders of BancFirst Corporation (the "Corporation") on May 28, 2020. The Plan is intended as an incentive and to encourage stock ownership by certain key employees and officers of the Corporation in order to increase their proprietary interest in the Corporation's success. The Plan i...s intended to comply with Section 409A of the United States Tax Code. View More
Found in BANCFIRST CORP contract
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Purpose. This Sixteenth Sixth Amended and Restated BancFirst Corporation Non-Employee Directors' Stock Option Plan ("the Plan") incorporates the amendments to the Fifteenth Fifth Amended and Restated BancFirst Corporation non-Employee Directors' Stock Option Plan adopted by the stockholders of BancFirst Corporation (the "Corporation") on May 28, 2020. 23, 2019. The Plan is intended as an incentive and to encourage stock ownership by certain key employees and officers the non-employee directors of the Cor...poration in order to increase their proprietary interest in the Corporation's success. The Plan is intended to comply with Section 409A of the United States Tax Code. View More
Found in BANCFIRST CORP contract
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Purpose. The Company desires to avail itself of the services of the Executive as Senior Vice President and Chief Financial Officer, and the Executive desires to provide such services in accordance with the terms of this Agreement. The Parties agree that the duties and obligations expected of the Executive and of the Company are as set forth in this Agreement.
Found in Celldex Therapeutics, Inc. contract
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Purpose. The Company desires to avail itself of the services of the Executive as Senior Vice President and Chief Financial Officer, General Counsel, and the Executive desires to provide such services in accordance with the terms of this Agreement. The Parties agree that the duties and obligations expected of the Executive and of the Company are as set forth in this Agreement.
Found in Celldex Therapeutics, Inc. contract
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Purpose. The purpose of the Plan is to establish the conditions under which Covered Employees will receive the severance benefits described herein if employment with the Company (or its successor in a Change in Control (as defined below)) terminates under the circumstances specified herein. The severance benefits paid under the Plan are intended to assist employees in making a transition to new employment and are not intended to be a reward for prior service with the Company.
Found in Editas Medicine, Inc. contract
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Purpose. The purpose of the Plan is to establish the conditions under which Covered Employees Executives will receive the severance separation benefits described herein if employment with the Company (or its successor in following a Change in Control (as defined below)) terminates under the circumstances specified herein. The severance separation benefits paid under the Plan are intended to assist employees in making a transition to new employment and are not intended to be a reward for prior service wit...h the Company. View More
Found in Trevi Therapeutics, Inc. contract
Purpose. The purpose of the this Plan is to establish the conditions under which Covered Employees Participants will receive the severance payments and benefits described herein if their employment with the Company (or its successor in a Change in Control (as defined below)) terminates under the circumstances specified herein. The severance payments and benefits paid under the this Plan are intended to assist employees in making a transition to new employment and are not intended to be a reward for prior... service with the Company. View More
Found in Viela Bio, Inc. contract
Purpose. The purpose of the Plan is to establish the conditions under which Covered Employees will receive the severance separation benefits described herein if employment with the Company (or its successor in a Change in Control (as defined below)) terminates under the circumstances specified herein. The severance separation benefits paid under the Plan are intended to assist employees in making a transition to new employment and are not intended to be a reward for prior service with the Company.
Found in Apellis Pharmaceuticals, Inc. contract
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Purpose. The purpose of this Plan is to provide incentives to attract, retain and motivate eligible persons whose present and potential contributions are important to the success of the Company, its Parent and Subsidiaries by offering eligible persons an opportunity to participate in the Company's future performance through the grant of Awards covering Shares. Capitalized terms not defined in the text are defined in Section 14 hereof. Although this Plan is intended to be a written compensatory benefit pl...an within the meaning of Rule 701, grants may be made pursuant to this Plan that do not qualify for exemption under Rule 701 or Section 25102(o). Any requirement of this Plan that is required in law only because of Section 25102(o) need not apply if the Committee so provides. View More
Found in We Co. contract
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Purpose. The purpose of this Plan is to provide incentives to attract, retain and motivate eligible persons whose present and potential contributions are important to the success of the Company, its Parent and Subsidiaries by offering eligible persons an opportunity to participate in the Company's future performance through the grant awards of Awards covering Shares. Options, Restricted Stock, and Restricted Stock Units. Capitalized terms not defined in the text are defined in Section 14 22 hereof. Altho...ugh this Plan is intended to be a written compensatory benefit plan within the meaning of Rule 701, 701 promulgated under the Securities Act, grants may be made pursuant to this Plan that do not qualify for exemption under Rule 701 or Section 25102(o). 25102(o) of the California Corporations Code ("Section 25102(o)"). Any requirement of this Plan that is required in law only because of Section 25102(o) need not apply if the Committee so provides. View More
Found in Lyft, Inc. contract
Purpose. The purpose of this Plan is to provide incentives to attract, retain and motivate eligible persons whose present and potential contributions are important to the success of the Company, its Parent and Subsidiaries by offering eligible persons an opportunity to participate in the Company's future performance through the grant of Awards covering Shares. Capitalized terms not defined in the text are defined in Section 14 hereof. Although this Plan is intended to be a written compensatory benefit pl...an within the meaning of Rule 701, grants may be made pursuant to this Plan that do not qualify for exemption under Rule 701. or Section 25102(o). Any requirement of this Plan that is required in law only because of Section 25102(o) need not apply if the Committee so provides. View More
Found in Stoke Therapeutics, Inc. contract
Purpose. The purpose of this Plan is to provide incentives to attract, retain and motivate eligible persons whose present and potential contributions are important to the success of the Company, Company its Parent and Subsidiaries any Subsidiaries, by offering eligible persons them an opportunity to participate in the Company's future performance through the grant awards of Awards covering Shares. Options and Restricted Stock. Capitalized terms not defined elsewhere in the text are defined in Section 14 ...22 hereof. Although this Plan is intended to be a written compensatory benefit plan within the meaning of Rule 701, grants 701 promulgated under the Securities Act, Awards may be made pursuant to this Plan that granted which do not qualify for exemption under Rule 701 or Section 25102(o). 25102(o) of the California Corporations Code ("Section 25102(o)"). Any requirement of this Plan that is legally required in law only because of Section 25102(o) need not apply if the Committee so provides. determines pursuant to a duly adopted resolution recorded in its minutes. View More
Found in Bill.com Holdings, Inc. contract
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Purpose. This Advantagene, Inc. 2015 Stock Plan (the "Plan") is intended to provide incentives: (a) to employees of Advantagene, Inc. (the "Company"), or its parent (if any) or any of its present or future subsidiaries (collectively, "Related Corporations"), by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that qualify as "incentive stock options" ("ISOs") under Section 422 of the Internal Revenue Code of 1986, as amende...d, or any successor statute (the "Code"); (b) to employees, directors and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of the Company pursuant to options granted hereunder that do not qualify as ISOs ("Nonstatutory Stock Options" or "NSOs"); (c) to employees, directors and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of the Company ("Stock Bonuses"); and (d) to employees, directors and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of the Company ("Purchase Rights"). Both ISOs and NSOs are referred to hereafter individually as "Options", and Options, Stock Bonuses and Purchase Rights are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," respectively, as those terms are defined in Section 424 of the Code. View More
Found in Candel Therapeutics, Inc. contract
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Purpose. This Advantagene, Inc. 2015 Second Amended and Restated 2012 Stock Plan Plan, as amended (the "Plan") is intended to provide incentives: (a) to employees of Advantagene, Inc. Benefitfocus, Inc., a Delaware corporation (the "Company"), or its parent (if any) or any of its present or future subsidiaries (collectively, "Related Corporations"), by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that qualify as "incent...ive stock options" ("ISOs") under Section 422 of the Internal Revenue Code of 1986, as amended, or any successor statute (the "Code"); (b) to employees, directors directors, employees and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of the Company pursuant to options granted hereunder that do not qualify as ISOs ("Nonstatutory (Nonstatutory Stock Options" Options, or "NSOs"); (c) to employees, directors employees and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of the Company ("Stock Bonuses"); and (d) to employees, directors employees and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of the Company ("Purchase Rights"). Rights"); and (e) to employees and consultants of the Company and Related Corporations by providing them with the right to receive, without payment to the Company, a number of shares of Common Stock, cash, or any combination thereof determined pursuant to a formula specified herein ("SARs"). Both ISOs and NSOs are referred to hereafter individually as "Options", "Options," and Options, Stock Bonuses and Bonuses, Purchase Rights and SARs are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," respectively, as those terms are defined in Section 424 of the Code. View More
Found in Benefitfocus,Inc. contract
Purpose. This Advantagene, Inc. 2015 2010 Restated Employee Stock Plan (the "Plan") restates and integrates the provisions of the original 2010 Employee Stock Plan and all duly adopted amendments thereto as of August 1, 2018. The Plan is intended to provide incentives: (a) to the officers and other employees of Advantagene, SharpSpring, Inc. (the "Company"), or its parent (if any) or and any of its present or future subsidiaries of the Company (collectively, "Related Corporations"), Corporations") by pro...viding them with opportunities to purchase Common Stock (as defined below) of stock in the Company pursuant to options granted hereunder that which qualify as "incentive stock options" ("ISOs") under Section 422 422(b) of the Internal Revenue Code of 1986, as amended, 1986 (the "Code") ("ISO" or any successor statute (the "Code"); "ISOs"); (b) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock of stock in the Company pursuant to options granted hereunder that which do not qualify as ISOs ("Nonstatutory Stock Options" ("Non-Qualified Option" or "NSOs"); "Non-Qualified Options"); (c) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock of stock in the Company ("Stock Bonuses"); ("Awards"); and (d) to employees, directors directors, officers, employees and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock of stock in the Company ("Purchase Rights"). ("Purchases"). Both ISOs and NSOs Non-Qualified Options are referred to hereafter individually as "Options", an "Option" and collectively as "Options". Options, Stock Bonuses Awards, and Purchase Rights authorizations to make Purchases are referred to hereafter collectively as "Stock Rights." As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," corporation" respectively, as those terms are defined in Section 424 425 of the Code. View More
Found in SharpSpring, Inc. contract
Purpose. This Advantagene, Inc. 2015 2008 Stock Plan (the "Plan") is intended to provide incentives: (a) to employees of Advantagene, Novan, Inc. (the "Company"), or its parent (if any) or any of its present or future subsidiaries (collectively, "Related Corporations"), by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that qualify as "incentive stock options" ("ISOs") under Section 422 of the Internal Revenue Code of 198...6, as amended, or any successor statute (the "Code"); (b) to employees, directors and consultants of the Company and Related Corporations by providing them with opportunities to purchase Common Stock (as defined below) of the Company pursuant to options granted hereunder that do not qualify quality as ISOs ("Nonstatutory (Nonstatutory Stock Options" Options, or "NSOs"); (c) to employees, directors directors, and consultants of the Company and Related Corporations by providing them with bonus awards of Common Stock (as defined below) of the Company ("Stock Bonuses"); and (d) to employees, directors directors, and consultants of the Company and Related Corporations by providing them with opportunities to make direct purchases of Common Stock (as defined below) of the Company ("Purchase Rights"). Both ISOs and NSOs are referred to hereafter individually as "Options", and Options, Stock Bonuses Bonuses, and Purchase Rights are referred to hereafter collectively as "Stock Rights." Rights". As used herein, the terms "parent" and "subsidiary" mean "parent corporation" and "subsidiary corporation," corporation", respectively, as those terms are defined in Section 424 of the Code. View More
Found in Novan, Inc. contract
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Purpose. The Eventure Interactive, Inc. 2015 Equity Incentive Plan has two complementary purposes: (a) to attract and retain outstanding individuals to serve as officers, employees, directors, consultants and advisors to the Company and its Affiliates, and (b) to increase stockholder value. The Plan will provide participants incentives to increase stockholder value by offering the opportunity to acquire shares of the Company's Common Stock or receive monetary payments based on the value of such Common St...ock, on the potentially favorable terms that this Plan provides. View More
Found in Eventure Interactive, Inc. contract
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Purpose. The Eventure Interactive, Amended and Restated Cue Health Inc. 2015 2014 Equity Incentive Plan (the "Plan") has two complementary purposes: (a) to attract and retain outstanding individuals to serve as officers, employees, directors, consultants and advisors to the Company and its Affiliates, affiliates, and (b) to increase stockholder shareholder value. The Plan will provide participants incentives to increase stockholder shareholder value by offering the opportunity to acquire shares of the Co...mpany's Common Stock common stock or receive monetary payments based on the value of such Common Stock, common stock, on the potentially favorable terms that this Plan provides. View More
Found in Cue Health Inc. contract
Purpose. The Eventure Interactive, Inc. 2015 ThermoGenesis Corp. 2017 Equity Incentive Plan has two complementary purposes: (a) to attract and retain outstanding individuals to serve as officers, employees, directors, consultants and advisors to the Company and its Affiliates, affiliates, and (b) to increase stockholder value. The Plan will provide participants incentives to increase stockholder value by offering the opportunity to acquire share in the Company's success through acquisition of shares of t...he Company's Common Stock common stock or receive receipt of monetary payments based on the value of such Common Stock, common stock on the potentially favorable terms that this Plan provides. terms. View More
Found in CESCA THERAPEUTICS INC. contract
Purpose. The Eventure Interactive, Rackwise, Inc. 2015 2013 Equity Incentive Plan has two complementary purposes: (a) to attract and retain outstanding individuals to serve as officers, employees, directors, consultants and advisors to the Company and its Affiliates, and (b) to increase stockholder value. The Plan will provide participants incentives to increase stockholder value by offering the opportunity to acquire shares of the Company's Common Stock or receive monetary payments based on the value of... such Common Stock, on the potentially favorable terms that this Plan provides. View More
Found in Rackwise, Inc. contract
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Purpose. Eligibility 1 3. Administration and Delegation 1 (a) Administration by the Board 1 (b) Appointment of Committees 1 4. Stock Available for Awards 2 (a) Number of Shares 2 (b) Substitute Awards 2 5. Stock Options 2 (a) General 2 (b) Incentive Stock Options 2 (c) Exercise Price 3 (d) Duration of Options 3 (e) Exercise of Options 3 (f) Payment Upon Exercise 4 6. Stock Appreciation Rights 5 (a) General 5 (b) Measurement Price 5 (c) Duration of SARs 5 (d) Exercise of SARs 5 7. Restricted Stock; Restri...cted Stock Units 5 (a) General 5 (b) Terms and Conditions for All Restricted Stock Awards 5 (c) Additional Provisions Relating to Restricted Stock 5 (d) Additional Provisions Relating to Restricted Stock Units 6 8. Other Stock-Based Awards 6 (a) General 6 (b) Terms and Conditions 6 9. Adjustments for Changes in Common Stock and Certain Other Events 7 (a) Changes in Capitalization 7 (b) Reorganization Events 7 10. General Provisions Applicable to Awards 9 (a) Transferability of Awards 9 (b) Documentation 9 (c) Board Discretion 9 (d) Termination of Status 10 (e) Withholding 10 (f) Amendment of Award 10 (g) Conditions on Delivery of Stock 10 (h) Acceleration 11 11. Miscellaneous 11 (a) No Right To Employment or Other Status 11 (b) No Rights As Stockholder 11 PAGE (c) Effective Date and Term of Plan 11 (d) Amendment of Plan 11 (e) Authorization of Sub-Plans (including Grants to non-U.S. Employees) 11 (f) Compliance with Section 409A of the Code 12 (g) Limitations on Liability 12 (h) Governing Law 12 iii 2016 STOCK INCENTIVE PLAN OF IMARA INC. 1. Purpose The purpose of this 2016 Stock Incentive Plan (the "Plan") of IMARA Inc., a Delaware corporation (the "Company"), is to advance the interests of the Company's stockholders by enhancing the Company's ability to attract, retain and motivate persons who are expected to make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives that are intended to better align the interests of such persons with those of the Company's stockholders. Except where the context otherwise requires, the term "Company" shall include any of the Company's present or future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations thereunder (the "Code") and any other business venture (including, without limitation, joint venture or limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the "Board"); provided, however, that such other business ventures shall be limited to entities that, where required by Section 409A of the Code, are eligible issuers of service recipient stock (as defined in Treas. Reg. Section 1.409A-1(b)(5)(iii)(E), or applicable successor regulation). Each person who is granted an Award under the Plan is deemed a "Participant." "Award" means Options (as defined in Section 5), SARs (as defined in Section 6), Restricted Stock (as defined in Section 7), Restricted Stock Units (as defined in Section 7) and Other Stock-Based Awards (as defined in Section 8). View More
Found in IMARA Inc. contract
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Purpose. Eligibility 1 3. Administration and Delegation 1 (a) Administration by the Board 1 (b) Appointment of Committees 1 2 (c) Delegation to Officers 2 4. Stock Available for Awards 2 (a) Number of Shares 2 (b) Substitute Awards 2 5. Stock Options 2 (a) General 2 (b) Incentive Stock Options 2 3 (c) Exercise Price 3 (d) Duration of Options 3 4 (e) Exercise of Options 3 4 (f) Payment Upon Exercise 4 (g) Limitation on Repricing 5 6. Stock Appreciation Rights 5 (a) General 5 (b) Measurement Price 5 (c) Du...ration of SARs 5 (d) Exercise of SARs 5 (e) Limitation on Repricing 5 7. Restricted Stock; Restricted Stock Units 5 6 (a) General 5 6 (b) Terms and Conditions for All Restricted Stock Awards 5 6 (c) Additional Provisions Relating to Restricted Stock 5 6 (d) Additional Provisions Relating to Restricted Stock Units 6 7 8. Other Stock-Based Awards 6 7 (a) General 6 7 (b) Terms and Conditions 6 7 9. Adjustments for Changes in Common Stock and Certain Other Events 7 (a) Changes in Capitalization 7 (b) Reorganization Events 7 8 10. General Provisions Applicable to Awards 9 10 (a) Transferability of Awards 9 10 (b) Documentation 9 10 (c) Board Discretion 9 10 (d) Termination of Status 10 (e) Withholding 10 (f) Amendment of Award 10 11 (g) Conditions on Delivery of Stock 10 11 (h) Acceleration 11 11. Miscellaneous 11 (a) No Right To Employment or Other Status 11 (b) No Rights As Stockholder 11 PAGE 12 (c) Effective Date and Term of Plan 11 12 (d) Amendment of Plan 11 12 (e) Authorization of Sub-Plans (including Grants to non-U.S. Employees) 11 12 (f) Compliance with Section 409A of the Code 12 (g) Limitations on Liability 12 13 (h) Governing Law 12 iii 2016 STOCK 13 - ii - AMENDED AND RESTATED 2017 EQUITY INCENTIVE PLAN OF IMARA INOZYME PHARMA, INC. 1. Purpose The purpose of this 2016 Stock Amended and Restated 2017 Equity Incentive Plan (the "Plan") of IMARA Inozyme Pharma, Inc., a Delaware corporation (the "Company"), is to advance the interests of the Company's stockholders by enhancing the Company's ability to attract, retain and motivate persons who are expected to make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives that are intended to better align the interests of such persons with those of the Company's stockholders. Except where the context otherwise requires, the term "Company" shall include any of the Company's present or and future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations thereunder (the "Code") and any other business venture (including, without limitation, joint venture or limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the "Board"); provided, however, that such other business ventures shall be limited to entities that, where required by Section 409A of the Code, are eligible issuers of service recipient stock (as defined in Treas. Reg. Section 1.409A-1(b)(5)(iii)(E), or applicable successor regulation). Each person who is granted an Award under the Plan is deemed a "Participant." "Award" means Options (as defined in Section 5), SARs (as defined in Section 6), Restricted Stock (as defined in Section 7), Restricted Stock Units (as defined in Section 7) and Other Stock-Based Awards (as defined in Section 8). View More
Found in Inozyme Pharma, Inc. contract
Purpose. Eligibility 1 3. Administration and Delegation 1 (a) Administration by the Board 1 (b) Appointment of Committees 1 2 4. Stock Available for Awards 2 (a) Number of Shares 2 (b) Substitute Awards 2 5. Stock Options 2 (a) General 2 (b) Incentive Stock Options 2 3 (c) Exercise Price 3 (d) Duration of Options 3 4 (e) Exercise of Options 3 4 (f) Payment Upon Exercise 4 6. Stock Appreciation Rights 5 (a) General 5 (b) Measurement Price 5 (c) Duration of SARs 5 (d) Exercise of SARs 5 7. Restricted Stock...; Restricted Stock Units 5 (a) General 5 (b) Terms and Conditions for All Restricted Stock Awards 5 6 (c) Additional Provisions Relating to Restricted Stock 5 6 (d) Additional Provisions Relating to Restricted Stock Units 6 8. Other Stock-Based Awards 6 7 (a) General 6 7 (b) Terms and Conditions 6 7 9. Adjustments for Changes in Common Stock and Certain Other Events 7 (a) Changes in Capitalization 7 (b) Reorganization Events 7 8 10. General Provisions Applicable to Awards 9 10 (a) Transferability of Awards 9 10 (b) Documentation 9 11 (c) Board Discretion 9 11 (d) Termination of Status 10 11 (e) Withholding 10 11 (f) Amendment of Award 10 12 (g) Conditions on Delivery of Stock 10 12 (h) Acceleration 11 12 11. Miscellaneous 11 12 (a) No Right To Employment or Other Status 11 12 (b) No Rights As Stockholder 11 PAGE 13 (c) Effective Date and Term of Plan 11 13 (d) Amendment of Plan 11 13 (e) Authorization of Sub-Plans (including Grants to non-U.S. Employees) 11 13 (f) Compliance with Section 409A of the Code 12 13 (g) Limitations on Liability 12 14 (h) Governing Law 12 iii 2016 14 - ii - 2018 STOCK INCENTIVE PLAN OF IMARA DYNE THERAPEUTICS, INC. 1. Purpose The purpose of this 2016 2018 Stock Incentive Plan (the "Plan") of IMARA Dyne Therapeutics, Inc., a Delaware corporation (the "Company"), is to advance the interests of the Company's stockholders by enhancing the Company's ability to attract, retain and motivate persons who are expected to make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives that are intended to better align the interests of such persons with those of the Company's stockholders. Except where the context otherwise requires, the term "Company" shall include any of the Company's present or and future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations thereunder (the "Code") and any other business venture (including, without limitation, joint venture or limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the "Board"); provided, however, that such other business ventures shall be limited to entities that, where required by Section 409A of the Code, are eligible issuers of service recipient stock (as defined in Treas. Reg. Section 1.409A-1(b)(5)(iii)(E), or applicable successor regulation). Each person who is granted an Award under the Plan is deemed a "Participant." "Award" means Options (as defined in Section 5), SARs (as defined in Section 6), Restricted Stock (as defined in Section 7), Restricted Stock Units (as defined in Section 7) and Other Stock-Based Awards (as defined in Section 8). View More
Found in Dyne Therapeutics, Inc. contract
Purpose. Eligibility 1 3. Administration and Delegation 1 (a) Administration by the Board 1 (b) Appointment of Committees 1 4. Stock Available for Awards 2 (a) Number of Shares 2 (b) Substitute Awards 2 5. Stock Options 2 (a) General 2 (b) Incentive Stock Options 2 (c) Exercise Price 3 2 (d) Duration of Options 3 (e) Exercise of Options 3 (f) Payment Upon Exercise 4 3 6. Stock Appreciation Rights 5 4 (a) General 5 4 (b) Measurement Price 5 4 (c) Duration of SARs 5 4 (d) Exercise of SARs 5 4 7. Restricted... Stock; Stock: Restricted Stock Units 5 4 (a) General 5 4 (b) Terms and Conditions for All Restricted Stock Awards 5 (c) Additional Provisions Relating to Restricted Stock 5 (d) Additional Provisions Relating to Restricted Stock Units 6 5 8. Other Stock-Based Awards 6 (a) General 6 (b) Terms and Conditions 6 9. Adjustments for Changes in Common Stock and Certain Other Events 7 6 (a) Changes in Capitalization 7 6 (b) Reorganization Events 7 6 10. General Provisions Applicable to Awards 9 Awards. 8 (a) Transferability of Awards 9 8 (b) Documentation 9 8 (c) Board Discretion 9 8 (d) Termination of Status 10 8 (e) Withholding 10 8 (f) Amendment of Award 10 9 (g) Conditions on Delivery of Stock 10 9 (h) Acceleration 10 11. 11. Miscellaneous 11 Miscellaneous. 10 (a) No Right To Employment or Other Status 11 10 (b) No Rights As Stockholder 11 PAGE 10 (c) Effective Date and Term of Plan 11 10 (d) Amendment of Plan 11 10 (e) Authorization of Sub-Plans (including Grants to non-U.S. Employees) 11 10 (f) Compliance with Section 409A of the Code 12 10 (g) Limitations on Liability 12 11 (h) Governing Law 12 iii 2016 11 ii 2019 STOCK INCENTIVE PLAN OF IMARA THIRD HARMONIC BIO, INC. 1. Purpose The purpose of this 2016 2019 Stock Incentive Plan (the "Plan") of IMARA Third Harmonic Bio, Inc., a Delaware corporation (the "Company"), is to advance the interests of the Company's stockholders by enhancing the Company's ability to attract, retain and motivate persons who are expected to make important contributions to the Company and by providing such persons with equity ownership opportunities and performance-based incentives that are intended to better align the interests of such persons with those of the Company's stockholders. Except where the context otherwise requires, the term "Company" shall include any of the Company's present or and future parent or subsidiary corporations as defined in Sections 424(e) or (f) of the Internal Revenue Code of 1986, as amended, and any regulations thereunder (the "Code") and any other business venture (including, without limitation, joint venture or limited liability company) in which the Company has a controlling interest, as determined by the Board of Directors of the Company (the "Board"); provided, however, that such other business ventures shall be limited to entities that, where required by Section 409A of the Code, are eligible issuers of service recipient stock (as defined in Treas. Reg. Section 1.409A-1(b)(5)(iii)(E), 1.409A-l(b)(5)(iii)(E), or applicable successor regulation). Each person who is granted an Award under the Plan is deemed a "Participant." "Award" means Options (as defined in Section 5), SARs (as defined in Section 6), Restricted Stock (as defined in Section 7), Restricted Stock Units (as defined in Section 7) and Other Stock-Based Awards (as defined in Section 8). View More
Found in Third Harmonic Bio, Inc. contract
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Purpose. The purpose of this plan (the "Plan") is to secure for Pear Therapeutics, Inc., a Delaware corporation (the "Company") and its shareholders the benefits arising from capital stock ownership by employees, officers and directors of, and consultants or advisors to, the Company and its parent and subsidiary corporations who are expected to contribute to the Company's future growth and success. Under the Plan recipients may be awarded both (i) Options (as defined in Section 2.1) to purchase the Compa...ny's common stock, par value $.0001 ("Common Stock") and (ii) shares of Common Stock ("Restricted Stock Awards"). Except where the context otherwise requires, the term "Company" shall include any parent and all present and future subsidiaries of the Company as defined in Sections 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended or replaced from time to time (the "Code"). Those provisions of the Plan which make express reference to Section 422 of the Code shall apply only to Incentive Stock Options (as that term is defined below). Appendix A to this Plan shall apply only to participants in the Plan who are residents of the State of California. View More
Found in Thimble Point Acquisition Corp. contract
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Purpose. The purpose of this plan (the "Plan") is to secure for Pear Therapeutics, Morphic Holding, Inc., a Delaware corporation (the "Company") and its shareholders the benefits arising from capital stock ownership by employees, officers and directors of, and consultants or advisors to, the Company and its parent and subsidiary corporations who are expected to contribute to the Company's future growth and success. Under the Plan recipients may be awarded both (i) Options (as defined in Section 2.1) to p...urchase the Company's common stock, par value $.0001 $0.0001 ("Common Stock") and (ii) shares of Common Stock ("Restricted Stock Awards"). Except where the context otherwise requires, the term "Company" shall include any parent and all present and future subsidiaries of the Company as defined in Sections 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended or replaced from time to time (the "Code"). Those provisions of the Plan which make express reference to Section 422 of the Code shall apply only to Incentive Stock Options (as that term is defined below). Appendix A to this Plan shall apply only to participants in the Plan who are residents of the State of California. View More
Found in Morphic Holding, Inc. contract
Purpose. The purpose of this plan (the "Plan") is to secure for Pear Therapeutics, Inc., SQZ Biotechnologies Company., a Delaware corporation (the "Company") and its shareholders the benefits arising from capital stock ownership by employees, officers and directors of, and consultants or advisors to, the Company and its parent and subsidiary corporations who are expected to contribute to the Company's future growth and success. Under the Plan recipients may be awarded both (i) Options (as defined in Sect...ion 2.1) to purchase the Company's common stock, par value $.0001 $.001 ("Common Stock") and (ii) shares of Common Stock ("Restricted Stock Awards"). Except where the context otherwise requires, the term "Company" shall include any parent and all present and future subsidiaries of the Company as defined in Sections 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended or replaced from time to time (the "Code"). Those provisions of the Plan which make express reference to Section 422 of the Code shall apply only to Incentive Stock Options (as that term is defined below). Appendix A to this Plan shall apply only to participants in the Plan who are residents of the State of California. View More
Found in SQZ Biotechnologies Co contract
Purpose. The purpose of this plan Amended and Restated 2014 Stock Incentive Plan (the "Plan") is to secure for Pear Therapeutics, Inc., Abpro Corporation, a Delaware corporation (the "Company") and its shareholders the benefits arising from capital stock ownership by employees, officers and directors of, and consultants or advisors to, the Company and its parent and subsidiary corporations who are expected to contribute to the Company's future growth and success. Under the Plan recipients may be awarded ...both (i) Options (as defined in Section 2.1) 2(i)) to purchase the Company's common stock, par value $.0001 $0.01 per share ("Common Stock") and Stock"), (ii) shares of Common Stock ("Restricted Stock Awards"). Awards"), and (iii) Other Stock-Based Awards (as defined in Section 2(iv)) (collectively, "Awards"). Except where the context otherwise requires, the term "Company" shall include any parent and all present and future subsidiaries of the Company as defined in Sections 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended or replaced from time to time (the "Code"). Those provisions of the Plan which make express reference to Section 422 of the Code shall apply only to Incentive Stock Options (as that term is defined below). Appendix A to this Plan shall apply only to participants in the Plan who are residents of the State of California. View More
Found in Abpro Corp contract
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Purpose. Eligibility and grants 1 3. Acceptance of an Award 1 4. Taxes 1 5. Value of Awards 2 6. Covenant not to solicit; Notice Period requirement; other terms and restrictions 2 7. Compliance with Applicable Laws 5 8. Investment representation 5 9. Governing law 6 10. Electronic delivery and acceptance 6 11. No rights as a shareholder 6 12. Applicable Laws and Section 409A 6 13. Other terms 6 PART B: TERMS AND CONDITIONS APPLICABLE TO RESTRICTED STOCK UNITS UNDER THE LONG-TERM INCENTIVE PROGRAM 7 1. Re...stricted Period 7 2. Settlement of Restricted Stock Units 7 3. Vesting or forfeiture of Restricted Stock Units following termination of Employment in specific circumstances 7 4. Section 409A 7 5. Dividend Equivalents 7 PART C: TERMS AND CONDITIONS APPLICABLE TO OPTIONS UNDER THE LONG-TERM INCENTIVE PROGRAM 9 1. Vesting and exercise 9 2. Exercise of Options 9 3. Option term 9 4. Exercise or forfeiture of Options following termination of Employment in specific circumstances 9 PART D: TERMS AND CONDITIONS APPLICABLE TO PERFORMANCE SHARES AND PERFORMANCE UNITS UNDER THE LONG-TERM PERFORMANCE PROGRAM, A SUB-PROGRAM OF THE LONG-TERM INCENTIVE PROGRAM 11 1. Performance Cycle 11 2. Settlement of Performance Shares and Performance Units 11 3. Performance Goals 11 4. Vesting or forfeiture of Performance Shares and Performance Units following termination of Employment in specific circumstances 12 5. Section 409A 12 6. Dividend Equivalents 13 PART E: TERMS AND CONDITIONS APPLICABLE TO BOOK VALUE UNITS UNDER THE BOOK VALUE PERFORMANCE PROGRAM, A SUB-PROGRAM OF THE LONG-TERM INCENTIVE PROGRAM 14 1. Book Value Units 14 2. Vesting Period 14 3. Settlement of Book Value Units 14 4. Vesting or forfeiture of Book Value Units following termination of Employment in specific circumstances 14 5. Forfeiture 14 6. Section 409A 14 7. No Dividend Equivalents 14 Schedules 1. Definitions 16 2. Country specific variations 19 3. Notice Periods 26 4. Form for declining an Award 27 5. Form of Acknowledgement and Acceptance of the Terms and Conditions of the Plan (Mexico, Australia and Indonesia Only) 28 6. Form for Accepting an Award for Florida-Based Employees 29 Prudential Financial, Inc. 2018 Long-Term Incentive Program This document contains the principal terms and conditions applicable to Awards granted in 2018 to employees under the Prudential Financial, Inc. 2016 Omnibus Incentive Plan (the Plan). Specific provisions applicable to any employees selected to participate in any particular country are set out in Schedule 2. PART A: GENERAL TERMS AND CONDITIONS 1. Purpose Prudential's 2018 Long-Term Incentive Program (the Program) is made available to employees subject to the terms of the Plan and is designed to strengthen the links between leadership, motivation and consistent performance. Employees selected to participate in the Program may be granted Awards of Restricted Stock Units, Options, Performance Shares, Performance Units, or Book Value Units or a combination thereof, and will be advised of the Awards made to them in their own personalized compensation statement or a communication from their manager. The Parts of this document (other than this Part A which is relevant to all Awards granted under the Plan) that are relevant to you are the Part or Parts that relate to the type or types of Award that are granted to you under the Plan. The grant of Awards under the Program is subject to the terms and conditions contained in the Plan document. This document describes the principal terms and conditions of Awards granted to employees under the Plan (the Terms). Schedule 1 contains the definitions used in these Terms. If there is any discrepancy between these Terms and the Plan document, or if there is a discrepancy between any information given by anyone acting on behalf of any member of the Company Group and the Plan document, the Plan document, as interpreted by the Compensation Committee, in its sole discretion, will always govern. View More
Found in Prudential Financial contract
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Purpose. Eligibility and grants 1 3. Acceptance of an Award 1 4. Taxes 1 5. Value of Awards 2 6. Covenant not to solicit; Notice Period requirement; other terms and restrictions 2 7. Compliance with Applicable Laws 5 8. Investment representation 5 9. Governing law 6 5 10. Electronic delivery and acceptance 6 11. No rights as a shareholder 6 12. Applicable Laws and Section 409A 6 13. Other terms 6 PART B: TERMS AND CONDITIONS APPLICABLE TO RESTRICTED STOCK UNITS UNDER THE LONG-TERM INCENTIVE PROGRAM 7 1. ...Restricted Period 7 2. Settlement of Restricted Stock Units 7 3. Vesting or forfeiture of Restricted Stock Units following termination of Employment in specific circumstances 7 4. Section 409A 7 5. Dividend Equivalents 7 PART C: TERMS AND CONDITIONS APPLICABLE TO OPTIONS UNDER THE LONG-TERM INCENTIVE PROGRAM 9 1. Vesting and exercise 9 2. Exercise of Options 9 3. Option term 9 4. Exercise or forfeiture of Options following termination of Employment in specific circumstances 9 PART D: TERMS AND CONDITIONS APPLICABLE TO PERFORMANCE SHARES AND PERFORMANCE UNITS UNDER THE LONG-TERM PERFORMANCE PROGRAM, A SUB-PROGRAM OF THE LONG-TERM INCENTIVE PROGRAM 11 9 1. Performance Cycle 11 9 2. Settlement of Performance Shares and Performance Units 11 9 3. Performance Goals 11 9 4. Vesting or forfeiture of Performance Shares and Performance Units following termination of Employment in specific circumstances 12 10 5. Section 409A 12 10 6. Dividend Equivalents 13 PART E: TERMS AND CONDITIONS APPLICABLE TO BOOK VALUE UNITS UNDER THE BOOK VALUE PERFORMANCE PROGRAM, A SUB-PROGRAM OF THE LONG-TERM INCENTIVE PROGRAM 14 1. Book Value Units 14 2. Vesting Period 14 3. Settlement of Book Value Units 14 4. Vesting or forfeiture of Book Value Units following termination of Employment in specific circumstances 14 5. Forfeiture 14 6. Section 409A 14 7. No Dividend Equivalents 14 11 Schedules 1. Definitions 16 13 2. Country specific variations 19 16 3. Notice Periods 26 4. Form for declining an Award 27 5. Form of Acknowledgement and Acceptance of the Terms and Conditions of the Plan (Mexico, Australia Australia, Indonesia and Indonesia Kenya Only) 28 6. Form for Accepting an Award for Florida-Based Employees 29 30 Prudential Financial, Inc. 2018 2021 Long-Term Incentive Program This document contains the principal terms and conditions applicable to Awards granted in 2018 2021 to employees under the Prudential Financial, Inc. 2016 Omnibus Incentive Plan (the Plan). Specific provisions applicable to any employees selected to participate in any particular country are set out in Schedule 2. PART A: GENERAL TERMS AND CONDITIONS 1. Purpose Prudential's 2018 2021 Long-Term Incentive Program (the Program) is made available to employees subject to the terms of the Plan and is designed to strengthen the links between leadership, motivation and consistent performance. Employees selected to participate in the Program may be granted Awards of Restricted Stock Units, Options, Performance Shares, Performance Units, or Book Value Units or a combination thereof, and will be advised of the Awards made to them in their own personalized compensation statement or a communication from their manager. The Parts of this document (other than this Part A which is relevant to all Awards granted under the Plan) that are relevant to you are the Part or Parts that relate to the type or types of Award that are granted to you under the Plan. The grant of Awards under the Program is subject to the terms and conditions contained in the Plan document. This document describes the principal terms and conditions of Awards granted to employees under the Plan (the Terms). Schedule 1 contains the definitions used in these Terms. If there is any discrepancy between these Terms and the Plan document, or if there is a discrepancy between any information given by anyone acting on behalf of any member of the Company Group and the Plan document, the Plan document, as interpreted by the Compensation Committee, in its sole discretion, will always govern. View More
Found in Prudential Financial contract
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Purpose. The purpose of this Plan is to attract and retain non-employee Directors, officers and other employees of the Company and its Subsidiaries, and certain consultants to the Company and its Subsidiaries, and to provide to such persons incentives and rewards for service and/or performance.
Found in Synaptics contract
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Purpose. The purpose of this Plan is to attract and retain permit award grants to non-employee Directors, officers and other employees of the Company and its Subsidiaries, and certain consultants to the Company and its Subsidiaries, and to provide to such persons incentives and rewards for service and/or performance.
Found in Lennox International Inc contract
Purpose. The purpose of this Plan is to attract and retain permit award grants to non-employee Directors, officers Officers, other Employees, and other employees Consultants of the Participating Company and its Subsidiaries, and certain consultants to the Company and its Subsidiaries, Group, and to provide to such persons incentives and rewards for service Service and/or performance.
Found in MAGNACHIP SEMICONDUCTOR Corp contract
Purpose. The purpose of this Plan is to attract and retain permit the grant of awards to non-employee Directors, officers and other employees of the Company and its Subsidiaries, and certain consultants Consultants to the Company and its Subsidiaries, and to provide to such persons incentives and rewards for service and/or performance.
Found in Montauk Renewables, Inc. contract
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