Purpose Contract Clauses (8,757)

Grouped Into 250 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 Plan is to provide designated (a) Employees of the Company and its Affiliates and (b) Non-Employee Directors of the Company and its Affiliates with the opportunity to receive grants of Options, SARs, Stock Awards, Dividend Equivalents and Other Stock-Based Awards. The Company believes that the Plan will encourage the Participants to contribute materially to the growth of the Company, thereby benefiting the Company's shareholders, and will align the economic interests of the... Participants with those of the shareholders. All capitalized terms shall be as defined in Section 2 hereof. View More Arrow
Purpose. The purpose of the Plan is to provide designated (a) Employees of the Company and its Affiliates and (b) Non-Employee Directors of the Company and its Affiliates with the opportunity to receive grants of Options, SARs, Stock Awards, Dividend Equivalents Units, Performance Units, Stock Awards and Other Stock-Based Awards. The Company believes that the Plan will encourage the Participants to contribute materially to the growth of the Company, thereby benefiting the Company's shareholders, stockholders, and will align the economic interests of the Participants with those of the shareholders. stockholders. All capitalized terms shall be as defined in Section 2 hereof. View More Arrow
View Variation Arrow
Purpose. Definitions 2 3. Administration 7 4. Shares Subject to Plan 8 5. Eligibility; Per-Person Award Limitations 9 6. Specific Terms of Awards 9 7. Certain Provisions Applicable to Awards 14 8. Performance Awards 16 9. Change in Control 17 10. General Provisions 19 EXHIBIT A A-1 i TRANSENTERIX, INC. AMENDED AND RESTATED INCENTIVE COMPENSATION PLAN 1. Purpose. The purpose of this AMENDED AND RESTATED INCENTIVE COMPENSATION PLAN, as amended from time to time (the "Plan"), is to assist TRANSENTERIX,... INC., a Delaware corporation (the "Company") and its Related Entities (as hereinafter defined) to attract, motivate, retain and reward high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities by enabling such persons to acquire or increase an ownership interest in the Company in order to strengthen the mutuality of interests between such persons and the Company's stockholders, and providing such persons with incentives to expend their maximum efforts in the creation of stockholder value. View More Arrow
Purpose. Definitions 2 3. Administration 7 4. Shares Subject to Plan 8 5. Eligibility; Per-Person Award Limitations 9 6. Specific Terms of Awards 9 7. Certain Provisions Applicable to Awards 14 15 8. Performance Awards 16 Code Section 162(m) Provisions 17 9. Change in Control 17 18 10. General Provisions 19 20 EXHIBIT A A-1 i DMEAST #23834550 v3 TRANSENTERIX, INC. AMENDED INC.AMENDED AND RESTATED INCENTIVE RESTATEDINCENTIVE COMPENSATION PLAN 1. Purpose. 1.Purpose. The purpose of this AMENDED AND... RESTATED INCENTIVE COMPENSATION PLAN, as amended from time to time PLAN (the "Plan"), "Plan") is to assist TRANSENTERIX, INC., a Delaware corporation (the "Company") and its Related Entities (as hereinafter defined) to attract, motivate, retain in attracting, motivating, retaining and reward rewarding high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities by enabling such persons to acquire or increase an ownership a proprietary interest in the Company in order to strengthen the mutuality of interests between such persons and the Company's stockholders, shareholders, and providing such persons with performance incentives to expend their maximum efforts in the creation of stockholder shareholder value. View More Arrow
View Variation Arrow
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 Arrow
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 Arrow
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. View More Arrow
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. View More Arrow
View Variation Arrow
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. View More Arrow
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. View More Arrow
View Variation Arrow
Purpose. The Company recognizes the important goal of retaining Executive as an employee of the Company, and, in furtherance of that goal, the Company wishes to provide financial incentives for Executive to remain an employee for the period of time specified in this Agreement and to continue to perform in a highly effective manner and contribute to the success of the Company and its affiliates. Except to the extent otherwise defined herein, capitalized terms used in this Agreement shall have the meaning... given them on Exhibit A attached hereto. View More Arrow
Purpose. The Company recognizes the important goal of retaining Executive as an employee of the Company, and, in furtherance of that goal, the Company wishes to provide financial incentives for Executive to remain an employee for the period of time specified in this Agreement and to continue to perform in a highly effective manner and contribute to the success of the Company and its affiliates. Except to the extent otherwise defined herein, capitalized terms used in this Agreement shall have the meaning... given them on Exhibit A attached hereto. in that certain employment agreement between Executive and the Company, dated , and as in effect as of the date hereof, regardless of whether modified or terminated in the future (the "Employment Agreement"). View More Arrow
View Variation Arrow
Purpose. The Dine Brands Global, Inc. Executive Severance and Change in Control Policy (the "Policy") is amended and restated effective January 1, 2019 ("Effective Date") to provide severance benefits under specified circumstances to Participants (as defined below) of Dine Brands Global, Inc. or its wholly-owned subsidiaries (collectively the "Corporation") who are in a position to contribute materially to the success of the Corporation. As consideration for severance benefits under this Policy, the... Participant shall release the Corporation from any and all actions, suits, proceedings, claims and demands related to employment with the Corporation and to the termination by signing a waiver and release document in a form provided by the Corporation. Such document shall include a statement that benefits under this Policy are conditioned upon the Corporation's receipt of a signed release. View More Arrow
Purpose. The Dine Brands Global, Inc. Executive Severance and Change in Control Policy Plan, as set forth herein or as hereafter amended from time to time (the "Policy") "Plan"), is amended and restated effective as of January 1, 2019 2022 ("Effective Date") Date"). The purpose of the Plan is to provide severance benefits under specified circumstances to Participants (as defined below) eligible employees of Dine Brands Global, Inc. or its wholly-owned subsidiaries (collectively the "Corporation") who... are in a position to contribute materially to the success of the Corporation. As consideration for severance benefits under this Policy, Plan, the Participant (as defined below) shall release the Corporation from any and all actions, suits, proceedings, claims and demands related to employment with the Corporation and to the termination of such employment by signing a waiver and release document in a form provided by the Corporation. Such document shall include a statement that benefits under this Policy Plan are conditioned upon the Corporation's receipt of a signed release. This Plan supersedes and replaces in its entirety the Dine Brands Global, Inc. Amended and Restated Executive Severance and Change in Control Policy, which shall terminate immediately prior to the Effective Date. View More Arrow
View Variation Arrow
Purpose. Definitions 1 3. Administration 4 4. Shares Subject to Plan 5 5. Eligibility; Per-Participation Limitations 6 6. Award Vesting Limitations 6 7. Specific Terms of Awards 6 8. Certain Provisions Applicable to Awards 10 9. Code Section 162(m) Provisions 12 10. Change in Control 12 11. General Provisions 14 DESTINATION XL GROUP, INC. 2016 INCENTIVE COMPENSATION PLAN 1.Purpose. The purpose of this DESTINATION XL GROUP, INC. 2016 INCENTIVE COMPENSATION PLAN (the "Plan") is to assist DESTINATION XL... GROUP, INC., a Delaware corporation (the "Company") and its Related Entities (as hereinafter defined) in attracting, motivating, retaining and rewarding high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities by enabling such persons to acquire or increase a proprietary interest in the Company in order to strengthen the mutuality of interests between such persons and the Company's shareholders, and providing such persons with performance incentives to expend their maximum efforts in the creation of shareholder value. The Plan replaces the 2006 Incentive Compensation Plan which was last amended effective as of August 1, 2013. The Plan was originally adopted effective as of August 4, 2016 and was amended effective as of August 8, 2019. View More Arrow
Purpose. Definitions 1 3. Administration 4 6 4. Shares Subject to Plan 5 7 5. Eligibility; Per-Participation Per-Person Award Limitations 8 6. 6. Award Vesting Limitations 6 7. Specific Terms of Awards 6 8 7. Certain Provisions Applicable to Awards 10 9. 14 8. Code Section 162(m) Provisions 12 10. 16 9. Change in Control 12 11. 18 10. General Provisions 14 19 DESTINATION XL GROUP, INC. 2016 2006 INCENTIVE COMPENSATION PLAN 1.Purpose. 1. Purpose. The purpose of this DESTINATION XL GROUP, INC. 2016 2006... INCENTIVE COMPENSATION PLAN (the "Plan") is to assist DESTINATION XL GROUP, INC., a Delaware corporation (the "Company") and its Related Entities (as hereinafter defined) in attracting, motivating, retaining and rewarding high-quality executives and other employees, officers, directors, consultants and other persons who provide services to the Company or its Related Entities by enabling such persons to acquire or increase a proprietary interest in the Company in order to strengthen the mutuality of interests between such persons and the Company's shareholders, and providing such persons with performance incentives to expend their maximum efforts in the creation of shareholder value. The Plan replaces the 2006 Incentive Compensation Plan which was last originally adopted effective as of July 31, 2006, was amended effective as of August 27, 2009, August 5, 2010, and was further amended effective as of August 1, 2013. The Plan was originally adopted effective as of August 4, 2016 and was amended effective as of August 8, 2019. View More Arrow
View Variation Arrow
Purpose. The purpose of this Amended and Restated US Ecology, Inc. 2008 Stock Option Incentive Plan (the "Plan") is to enable US Ecology, Inc., formerly known as US Ecology Parent, Inc. (the "Company"), to retain the services of (i) selected employees, officers and directors of the Company or any subsidiary of the Company and (ii) selected non-employee agents, consultants, advisers and independent contractors of the Company or any subsidiary of the Company. For purposes of this Plan, a person is... considered to be employed by or in the service of the Company if the person is employed by or in the service of any entity (the "Employer") that is either the Company or a subsidiary of the Company. In connection with, and as contemplated by, that certain Agreement and Plan of Merger, dated as of June 23, 2019, by and among US Ecology, Inc. (now known as US Ecology Holdings, Inc.), US Ecology Parent, Inc. (now known as US Ecology, Inc.), Rooster Merger Sub, Inc., ECOL Merger Sub, Inc., and NRC Group Holdings Corp. (as amended and/or restated from time to time, the "Merger Agreement"), the Company assumed the American Ecology Corporation 2008 Stock Option Incentive Plan (the "Pre-Merger Plan"), amended and restated the Pre-Merger Plan as set forth herein and renamed it the Amended and Restated US Ecology, Inc. 2008 Stock Option Incentive Plan. All awards granted under the Pre-Merger Plan that were outstanding as of immediately prior to the Effective Time (as defined in the Merger Agreement) were assumed by the Company at the Effective Time and converted to be in respect of Common Stock (as defined below), and shall be treated as if they were granted under the Plan (such awards as converted, the "Converted Awards"). No Options (as defined in Section 5 below) other than the Converted Awards may be granted under the Plan. View More Arrow
Purpose. The purpose of this Amended and Restated US Ecology, Inc. 2008 Stock Option Incentive Plan (the "Plan") is to enable US Ecology, Inc., formerly known as US Ecology Parent, Inc. (the "Company"), to retain the services of (i) selected employees, non-employee Directors, officers and directors of the Company or any subsidiary other employees of the Company and (ii) selected non-employee agents, consultants, advisers its Subsidiaries, and independent contractors of certain other service providers to... the Company or any subsidiary of the Company. For purposes of this Plan, a person is considered and its Subsidiaries, and to be employed by or in the provide to such persons incentives and rewards for service of the Company if the person is employed by or in the service of any entity (the "Employer") that is either the Company or a subsidiary of the Company. and/or performance. In connection with, and as contemplated by, that certain Agreement and Plan of Merger, dated as of June 23, 2019, by and among US Ecology, Inc. (now known as US Ecology Holdings, Inc.), US Ecology Parent, Inc. (now known as US Ecology, Inc.), Rooster Merger Sub, Inc., ECOL Merger Sub, Inc., and NRC Group Holdings Corp. (as amended and/or restated from time to time, the "Merger Agreement"), the Company assumed the American Ecology Corporation 2008 Stock Option NRC Group Holdings Corp. 2018 Equity and Incentive Compensation Plan (the "Pre-Merger Plan"), amended and restated the Pre-Merger Plan as set forth herein and renamed it the Amended and Restated US U.S. Ecology, Inc. 2008 Stock Option 2018 Equity and Incentive Compensation Plan. All awards granted under the Pre-Merger Plan that were outstanding as of immediately prior to the Effective Time (as defined in the Merger Agreement) were assumed by the Company at the Effective Time and converted to be in respect of Common Stock (as defined below), and shall be treated as if they were granted under the this Plan (such awards as converted, the "Converted Awards"). No Options (as defined in Section 5 below) awards other than the Converted Awards may be granted under the this Plan. View More Arrow
View Variation Arrow