Effective Date and Purpose Sample Clauses

Effective Date and Purpose. The effective date of this Agreement shall be January 1, 2007 (the “Effective Date”). This Agreement sets forth the terms and conditions of Employee’s employment with Employer and replaces and supersedes any prior employment agreement or understanding between Employee and Employer regarding Employee’s employment with Employer.
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Effective Date and Purpose. The effective date of this Agreement shall be August 1, 2010 (the “Effective Date”). This Agreement sets forth the terms and conditions of Employee’s employment with Employer on and after the Effective Date during the term hereof.
Effective Date and Purpose. The Effective Date of this Restated DA shall be the date upon which the City Council adopts an ordinance approving this Restated DA this Restated DA. That date shall be written on the first page of this Restated DA, regardless of the date upon which the Parties’ signatures are affixed below. The purpose of this Restated DA is to:
Effective Date and Purpose. Retrophin, Inc., a Delaware corporation (the “Company”), hereby establishes the Retrophin, Inc. 2014 Incentive Compensation Plan (the “Plan”). The Plan is intended to assist the Company in attracting and retaining exceptionally qualified officers, employees, consultants and directors upon whom, in large measure, the sustained progress, growth and profitability of the Company depend, to motivate such persons to achieve long-term Company goals and to more closely align such persons’ interests with those of the Company’s stockholders by providing them with a proprietary interest in the Company’s growth and performance. The Plan was approved by the Company’s Board of Directors (the “Board”) on March 20, 2014, subject to approval by the Company’s stockholders, and, if approved by the Company’s stockholders, the Plan shall become effective on May 9, 2014 (the “Effective Date”).
Effective Date and Purpose. This Employment Agreement (the “Agreement”) is made and entered into effective as of December 5, 2006 by and between FARO Technologies, Inc. (the “Company”) and XXXXX X. XXXX (the “Executive”). The Company believes that an effective and stable management team is essential to promoting the best interests of the Company and its shareholders. Given the Executive’s strong performance and diligent work efforts, the Company wishes to assure Executive’s continued services in the event of a change of control. As a change in control of the Company may adversely affect Executive’s employment security the Company desires to provide an incentive for the Executive to remain employed with the Company during the period leading up to any such change of control, and to encourage the Executive to devote full and continued attention to the business of the Company and use best efforts to consummate any such change of control.
Effective Date and Purpose. Xxxxxx-Xxxxxxxx Corporation, an Ohio corporation (the “Company”), adopted this Xxxxxx-Xxxxxxxx Corporation Long-Term Incentive Performance Plan as Amended and Restated Under the Performance Bonus Plan effective as of January 20, 2016, as further amended and restated effective as of January 27, 2022, and as most recently amended and restated as of January 24, 2024, including to rename this Plan to be titled the Xxxxxx-Xxxxxxxx Corporation Officer Long-Term Incentive Performance Plan. The purpose of this Plan is to attract and retain key executives for the Company and to provide such persons with incentives for superior performance in the form of an opportunity to earn a long-term incentive award structured as a performance-based Restricted Stock Unit Award under the Stock Incentive Plan and payable in Common Shares (“Shares”). This Plan and each Award Opportunity hereunder shall be subject to the terms and conditions of this Plan and the applicable Award Agreement and the terms and conditions of the Stock Incentive Plan. Capitalized terms not defined in this Plan shall have the meanings set forth in the Stock Incentive Plan.
Effective Date and Purpose. The Navigators Group, Inc., a Delaware corporation (the “Company”), hereby amends and restates The Navigators Group, Inc. Amended 2005 Stock Incentive Plan into The Navigators Group, Inc. Amended and Restated 2005 Stock Incentive Plan (the “Plan”). All awards issued under the prior version of this Plan shall be treated as issued under this Plan and subject to the terms of this Plan, and all Awards issued on or after the effective date of this Plan shall be governed by this Plan. The Plan is intended to attract and retain exceptionally qualified employees, consultants and directors upon whom, in large measure, the sustained progress, growth and profitability of the Company depend. By encouraging employees, consultants and directors of the Company and its subsidiaries to acquire a proprietary interest in the Company’s growth and performance, the Company intends to motivate employees, consultants and directors to achieve long-term Company goals and to more closely align such persons’ interests with those of the Company’s other stockholders. The Plan was recommended to the Board by the Committee and the Board approved the Plan on March 25, 2010, subject to approval by the Company’s stockholders. The Plan became effective on May 26, 2010 (the “Effective Date”), which was the date approval by the Company’s stockholders was obtained.
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Effective Date and Purpose. The effective date of this Agreement shall be January 1, 2009 (the “Effective Date”), except that the provisions hereof revising provisions of Employee’s current employment agreement for purposes of complying with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) shall be effective December 31, 2008. This Agreement sets forth the terms and conditions of Employee’s employment with Employer and amends and restates the existing employment agreement between Employee and Employer regarding Employee’s employment.
Effective Date and Purpose. Associated Banc-Corp, a Wisconsin corporation (the “Company”), hereby establishes the Associated Banc-Corp 2013 Incentive Compensation Plan (the “Plan”). The Plan is intended to (a) align the interests of key employees and consultants of the Company and its subsidiaries, and directors of the Company, with the interests of the Company’s shareholders by encouraging stock ownership; (b) provide long-term stock and cash incentives and rewards to those individuals who are in a position to contribute to the long-term success and growth of the Company without encouraging participants to take unnecessary and excessive risks; and (c) assist the Company in attracting and retaining exceptionally qualified employees, consultants and directors upon whom, in large measure, the sustained progress, growth and profitability of the Company depend. The Plan was approved by the Company’s Board of Directors (the “Board”) on March 4, 2013, subject to approval by the Company’s shareholders, and, if approved by shareholders, the Plan shall become effective on April 23, 2013 (the “Effective Date”).
Effective Date and Purpose. Diamond Resorts International, Inc., a Delaware corporation (the “Company”), hereby establishes the Diamond Resorts International, Inc. Bonus Compensation Plan (the “Plan”). The Plan is intended to assist the Company in attracting and retaining exceptionally qualified officers and employees upon whom, in large measure, the sustained progress, growth and profitability of the Company depend, to motivate such persons to achieve short-term and long-term Company goals by providing them with short-term and long-term performance-based incentive compensation, and to help ensure tax-deductibility of performance-based incentive amounts paid to the Company’s officers. The Plan was approved by the Company’s Board of Directors (the “Board”) on March 27, 2015, subject to approval by the Company’s stockholders, and, if approved by stockholders, the Plan shall become effective on May 19, 2015 (the “Effective Date”). Unless and until approved by the Company stockholders, no Awards shall be made under the Plan.
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