Common use of Purpose of Plan Clause in Contracts

Purpose of Plan. The purpose of the Plan is to aid in maintaining and developing personnel to help assure the success of the Company. The Plan is designed to help the Company retain the services of executives, advisors and key employees and attract new personnel when needed for future operations and growth; to offer such personnel additional incentives to put forth maximum efforts for the success of the business; and to afford them opportunities to obtain or increase a proprietary interest in the Company on a favorable basis and, thereby, to have an opportunity to share in its success.

Purpose of Plan. The purpose of the Plan is to aid advance the interests of the Company and its shareholders by affording to Eligible Persons an opportunity to acquire or increase their proprietary interests in maintaining the Company by the grant to such Eligible Persons of Options to purchase Stock in the Company pursuant to the terms of the Plan. By encouraging such Eligible Persons to become owners of shares of Stock in the Company, the Company seeks to motivate, retain and developing personnel to help assure attract those highly competent individuals upon whose judgment, initiative, leadership and continued efforts the success of the Company. The Plan is designed to help the Company retain the services of executives, advisors and key employees and attract new personnel when needed for future operations and growth; to offer such personnel additional incentives to put forth maximum efforts for the success of the business; and to afford them opportunities to obtain or increase a proprietary interest in the Company on a favorable basis and, thereby, to have an opportunity to share in its successlarge measure depends.

Purpose of Plan. The purpose of SECTION 1.1. ▇▇▇▇▇▇-▇▇▇▇▇▇▇ Company has prepared this Plan in order to compensate and reward its Officers and key Employees in managerial and other important positions for their share in the Plan is to aid in maintaining growth and developing personnel to help assure the success of the CompanyCompany and in order to retain and attract persons of competence. The Plan is designed provides a means of sharing, in addition to help salaries, certain incentive compensation dependent on profits realized by the Company retain the services of executives, advisors and key employees and attract new personnel when needed for future operations and growth; to offer such personnel additional incentives to put forth maximum efforts for the success of the business; and to afford them opportunities to obtain or increase a proprietary interest in the Company on a favorable basis and, thereby, to have an opportunity to share in its successCompany.

Purpose of Plan. The purpose of the Plan is to aid advance the --------------- interests of the Company and its shareholders by affording to Eligible Persons an opportunity to acquire or increase their proprietary interests in maintaining the Company by the grant to such Eligible Persons of Options to purchase Stock in the Company pursuant to the terms of the Plan. By encouraging such Eligible Persons to become owners of shares of Stock in the Company, the Company seeks to motivate, retain and developing personnel to help assure attract those highly competent individuals upon whose judgment, initiative, leadership and continued efforts the success of the Company. The Plan is designed to help the Company retain the services of executives, advisors and key employees and attract new personnel when needed for future operations and growth; to offer such personnel additional incentives to put forth maximum efforts for the success of the business; and to afford them opportunities to obtain or increase a proprietary interest in the Company on a favorable basis and, thereby, to have an opportunity to share in its successlarge measure depends.

Purpose of Plan. The purpose of the Plan is to aid in maintaining provide the Company with a share-related mechanism to attract, retain and developing personnel motivate qualified Employees, Executive Officers, Directors, and Consultants, to help assure incent such individuals to contribute toward the success long term goals of the Company. The Plan is designed , and to help encourage such individuals to acquire Shares of the Company retain the services of executives, advisors and key employees and attract new personnel when needed for future operations and growth; to offer such personnel additional incentives to put forth maximum efforts for the success of the business; and to afford them opportunities to obtain or increase a proprietary interest in the Company on a favorable basis and, thereby, to have an opportunity to share in its successas long term investments.