Stock Clause Example with 5 Variations from Business Contracts
This page contains Stock clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Stock. (a) Subject to adjustment as provided in Section 18, the maximum number of Shares of the Company's Common Stock which shall be made available for sale under the Plan shall be 75,000,000 Shares. (b) If the Board determines that, on a given Purchase Date, the number of Shares with respect to which options are to be exercised may exceed (i) the number of Shares that were available for sale under the Plan on the Offering Date of the applicable Offering Period, or (ii) the number of Shares available ...for sale under the Plan on such Purchase Date, the Board may in its sole discretion provide (x) that the Company shall make a pro rata allocation of the Shares of Common Stock available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such Purchase Date, or (y) that the Company shall make a pro rata allocation of the Shares available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such 8 Purchase Date. The Company may make pro rata allocation of the Shares available on the Offering Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional Shares for issuance under the Plan by the Company's stockholders subsequent to such Offering Date. (c) The participant will have no interest or voting right in Shares covered by his or her option until such option has been exercised and such Shares have actually been delivered to and held of record by the participant. No adjustment will be made for dividends or other rights as a stockholder for which a record date is prior to such date of delivery. (d) Shares to be delivered (by electronic or other means) to a participant under the Plan will be registered in the name of the participant or in the name of the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate; provided that if the Board has determined that Shares shall be held in an ESPP Stock Account held by an ESPP Broker in accordance with Section 9, Shares shall be registered in the name of such ESPP Broker for the benefit of the participant or the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate.View More
Variations of a "Stock" Clause from Business Contracts
Stock. (a) Subject to adjustment as provided in Section 18, the maximum number of Shares of the Company's Common Stock which shall be made available for sale under the Plan shall be 75,000,000 1,896,190 Shares. (b) If any option granted under the Plan shall for any reason terminate without having been exercised, the shares of Common Stock not purchased under such option shall again become available for issuance under the Plan. If the Board determines that, on a given Purchase Date, the number of Shares... shares with respect to which options are to be exercised may exceed (i) the number of Shares shares of Common Stock that were available for sale under the Plan on the Offering Date of the applicable Offering Period, or (ii) the number of Shares shares available for sale under the Plan on such Purchase Date, the Board may in its sole discretion provide (x) that the Company shall make a pro rata allocation of the Shares of Common Stock available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such Purchase Date, and continue all Offering Periods then in effect, or (y) that the Company shall make a pro rata allocation of the Shares shares available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such 8 Purchase Date. Date, and terminate any or all Offering Periods then in effect pursuant to Section 19 below. The Company may make pro rata allocation of the Shares available on the Offering Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional Shares for issuance under the Plan by the Company's stockholders subsequent to such Offering Date. (c) (b) The participant will shall have no interest or voting right in Shares covered by his or her option until such option has been exercised and such Shares have actually been delivered to and held of record by the participant. No adjustment will be made for dividends or other rights as a stockholder for which a record date is prior to such date of delivery. (d) exercised. (c) Shares to be delivered (by electronic or other means) to a participant under the Plan will be registered in the name of the participant or in the name of the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate; provided that if the Board has determined that Shares shall be held in an ESPP Stock Account held by an ESPP Broker in accordance with Section 9, Shares shall be registered in the name of such ESPP Broker for the benefit of the participant or the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate. spouse. View More
Stock. (a) Subject to adjustment as provided in Section 18, 19, the maximum number of Shares of the Company's Common Stock which shall be made available for sale under the Plan on Purchase Dates occurring on or after the Restatement Effective Date shall be 75,000,000 2,550,000 Shares. (b) If the Board Administrator determines that, on a given Purchase Date, the number of Shares shares with respect to which options are to be exercised may exceed (i) the number of Shares shares of Common Stock that were ...available for sale under the Plan on the Offering Date of the applicable Offering Period, or (ii) the number of Shares shares available for sale under the Plan on such Purchase Date, the Board Administrator may in its sole discretion provide (x) that the Company shall make a pro rata allocation of the Shares of Common Stock available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants Participants exercising options to purchase Common Stock on such Purchase Date, and continue all Offering Periods then in effect, or (y) that the Company shall make a pro rata allocation of the Shares shares available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants Participants exercising options to purchase Common Stock on such 8 Purchase Date. Date, and terminate any or all Offering Periods then in effect pursuant to Section 20 below. The Company may make pro rata allocation of the Shares available on the Offering Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional Shares for issuance under the Plan by the Company's stockholders subsequent to such Offering Date. (c) (b) The participant will Participant shall have no interest or voting right in Shares covered by his or her option until such option has been exercised and such Shares have shares are actually been delivered to and held purchased on the Participant's behalf in accordance with the applicable provisions of record by the participant. Plan. No adjustment will shall be made for dividends dividends, distributions, or other rights as a stockholder for which a the record date is prior to such the date of delivery. (d) such purchase. (c) Shares to be delivered (by electronic or other means) to a participant Participant under the Plan will be registered in the name of the participant Participant or in the name of the participant Participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate; provided that if the Board has determined that Shares shall be held in an ESPP Stock Account held by an ESPP Broker in accordance with Section 9, Shares shall be registered in the name of such ESPP Broker for the benefit of the participant or the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate. spouse. View More
Stock. (a) Subject to adjustment as provided in Section 18, 19, the maximum number of Shares of the Company's Common Stock which shall be made available for sale under the Plan on Purchase Dates occurring on or after the Restatement Effective Date shall be 75,000,000 2,900,000 Shares. (b) If the Board Administrator determines that, on a given Purchase Date, the number of Shares shares with respect to which options are to be exercised may exceed (i) the number of Shares shares of Common Stock that were ...available for sale under the Plan on the Offering Date of the applicable Offering Period, or (ii) the number of Shares shares available for sale under the Plan on such Purchase Date, the Board Administrator may in its sole discretion provide (x) that the Company shall make a pro rata allocation of the Shares of Common Stock available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants Participants exercising options to purchase Common Stock on such Purchase Date, and continue all Offering Periods then in effect, or (y) that the Company shall make a pro rata allocation of the Shares shares available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants Participants exercising options to purchase Common Stock on such 8 Purchase Date. Date, and terminate any or all Offering Periods then in effect pursuant to Section 20 below. The Company may make pro rata allocation of the Shares available on the Offering Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional Shares for issuance under the Plan by the Company's stockholders subsequent to such Offering Date. (c) (b) The participant will Participant shall have no interest or voting right in Shares covered by his or her option until such option has been exercised and such Shares have shares are actually been delivered to and held purchased on the Participant's behalf in accordance with the applicable provisions of record by the participant. Plan. No adjustment will shall be made for dividends dividends, distributions, or other rights as a stockholder for which a the record date is prior to such the date of delivery. (d) such purchase. (c) Shares to be delivered (by electronic or other means) to a participant Participant under the Plan will be registered in the name of the participant Participant or in the name of the participant Participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate; provided that if the Board has determined that Shares shall be held in an ESPP Stock Account held by an ESPP Broker in accordance with Section 9, Shares shall be registered in the name of such ESPP Broker for the benefit of the participant or the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate. spouse. View More
Stock. (a) Subject to adjustment as provided in Section 18, 19, the maximum number of Shares of the Company's Common Stock which shall be made available for sale under the Plan on Purchase Dates occurring on or after the Restatement Effective Date shall be 75,000,000 3,250,000 Shares. (b) If the Board Administrator determines that, on a given Purchase Date, the number of Shares shares with respect to which options are to be exercised may exceed (i) the number of Shares shares of Common Stock that were ...available for sale under the Plan on the Offering Date of the applicable Offering Period, or (ii) the number of Shares shares available for sale under the Plan on such Purchase Date, the Board Administrator may in its sole discretion provide (x) that the Company shall make a pro rata allocation of the Shares of Common Stock available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants Participants exercising options to purchase Common Stock on such Purchase Date, and continue all Offering Periods then in effect, or (y) that the Company shall make a pro rata allocation of the Shares shares available for purchase on such Offering Date or Purchase Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants Participants exercising options to purchase Common Stock on such 8 Purchase Date. Date, and terminate any or all Offering Periods then in effect pursuant to Section 20 below. The Company may make pro rata allocation of the Shares available on the Offering Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of additional Shares for issuance under the Plan by the Company's stockholders subsequent to such Offering Date. (c) (b) The participant will Participant shall have no interest or voting right in Shares covered by his or her option until such option has been exercised and such Shares have shares are actually been delivered to and held purchased on the Participant's behalf in accordance with the applicable provisions of record by the participant. Plan. No adjustment will shall be made for dividends dividends, distributions, or other rights as a stockholder for which a the record date is prior to such the date of delivery. (d) such purchase. (c) Shares to be delivered (by electronic or other means) to a participant Participant under the Plan will be registered in the name of the participant Participant or in the name of the participant Participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate; provided that if the Board has determined that Shares shall be held in an ESPP Stock Account held by an ESPP Broker in accordance with Section 9, Shares shall be registered in the name of such ESPP Broker for the benefit of the participant or the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate. spouse. View More
Stock. (a) Subject to adjustment as provided in Section 18, the maximum number of Shares of the Company's Common Stock which shall be made available for sale under the Plan shall be 75,000,000 1,500,000 Shares. (b) If the Board determines that, on a given Purchase Exercise Date, the number of Shares with respect to which options are to be exercised may exceed exceed: (i) the number of Shares that were available for sale under the Plan on the Offering Enrollment Date of the applicable Offering Period, P...eriod; or (ii) the number of Shares available for sale under the Plan on such Purchase Exercise Date, the Board may in its sole discretion provide provide: (x) that the Company shall make a pro rata allocation of the Shares of Common Stock available for purchase on such Offering Enrollment Date or Purchase Exercise Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such Purchase Exercise Date, and continue the Offering Period then in effect, or (y) that the Company shall make a pro rata allocation of the Shares available for purchase on such Offering Enrollment Date or Purchase Exercise Date, as applicable, in as uniform a manner as shall be practicable and as it shall determine in its sole discretion to be equitable among all participants exercising options to purchase Common Stock on such 8 Purchase Date. Exercise Date, and terminate the Offering Period then in effect pursuant to Section 19 below. The Company may make pro rata allocation of the Shares available on the Offering Enrollment Date of any applicable Offering Period pursuant to the preceding sentence, notwithstanding any authorization of -6- . additional Shares for issuance under the Plan by the Company's stockholders subsequent to such Offering Enrollment Date. (c) The participant will have no interest or voting right in Shares covered by his or her option until such option has been exercised and such Shares have actually been delivered to and held of record by the participant. No adjustment will be made for dividends or other rights as a stockholder for which a record date is prior to such date of delivery. (d) Shares to be delivered (by electronic or other means) to a participant under the Plan will be registered in the name of the participant or in the name of the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate; subscription agreement; provided that if the Board has determined that Shares shall be held in an ESPP Stock Account held by an ESPP Broker in accordance with Section 9, Shares shall be registered in the name of such ESPP Broker for the benefit of the participant or the participant and his or her spouse, as designated by the participant in his or her enrollment agreement or pursuant to procedures established by the Company or its delegate. subscription agreement. View More
