Common use of Establishment and Purpose Clause in Contracts

Establishment and Purpose. This Coursera, Inc. Stock Incentive Plan (the “Plan”) was adopted by the Board of Directors on February 17, 2021 and shall be effective on , 2021 (the “Effective Date”). The Plan’s purpose is to attract, retain, incent, and reward top talent through stock ownership to improve operating and financial performance and strengthen the mutuality of interest between eligible service providers and stockholders.

Appears in 3 contracts

Samples: 2021 Stock Incentive Plan (Coursera, Inc.), 2021 Stock Incentive Plan (Coursera, Inc.), 2021 Stock Incentive Plan (Coursera, Inc.)

AutoNDA by SimpleDocs

Establishment and Purpose. This Coursera, Inc. Stock Incentive Plan (the “Plan”) was adopted by the Board of Directors on February 17, 2021 and shall be effective on March 30, 2021 (the “Effective Date”). The Plan’s purpose is to attract, retain, incent, and reward top talent through stock ownership to improve operating and financial performance and strengthen the mutuality of interest between eligible service providers and stockholders.

Appears in 1 contract

Samples: 2021 Stock Incentive Plan (Coursera, Inc.)

AutoNDA by SimpleDocs

Establishment and Purpose. This Coursera, Inc. Stock Incentive Plan (the “Plan”) was adopted by the Board of Directors on February 17_________, 2021 and shall be effective on [_____, 2021 2021] (the “Effective Date”). The Plan’s purpose is to attract, retain, incent, and reward top talent through stock ownership to improve operating and financial performance and strengthen the mutuality of interest between eligible service providers and stockholders.

Appears in 1 contract

Samples: 2021 Stock Incentive Plan (Coursera, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!