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The BRPA Plan shall provide for the reservation by BRPA for the issuance pursuant to the BRPA Plan of a number of shares of BRPA Common Stock as mutually agreed by BRPA and the Company and set forth on Schedule 5.15 of the BRPA Schedules. BRPA shall file with the SEC a registration statement on Form S-8 (or any successor form or comparable form in another relevant jurisdiction) relating to BRPA Common Stock issuable pursuant to the BRPA Plan. Such registration statement shall be filed no later than sixty (60) days after the date of the Closing Form 8-K (or as soon as reasonably practicable after the expiration of such sixty (60)-day period that registration of shares on Form S-8 (or any successor form or comparable form in another relevant jurisdiction) first becomes available to BRPA), and BRPA shall use reasonable best efforts to maintain the effectiveness of such registration statement for so long as any awards issued under the BRPA Plan remain outstanding.", "hash": "1c42cfae619f1f6d6bd3b84ac4173757", "id": 4}, {"samples": [{"hash": "8AXR8mAuscE", "uri": "/contracts/8AXR8mAuscE#incentive-equity-plan", "label": "Agreement and Plan of Merger (Western Acquisition Ventures Corp.)", "score": 36.1211509705, "published": true}, {"hash": "eVxsKB57IYO", "uri": "/contracts/eVxsKB57IYO#incentive-equity-plan", "label": "Agreement and Plan of Merger (Western Acquisition Ventures Corp.)", "score": 35.3271713257, "published": true}, 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Compensation Committee or the Board of Directors of LBC.", "hash": "310283894fcf9b6135891aa4abc0cdf5", "id": 2}, {"samples": [{"hash": "gmpvFniDYaf", "uri": "/contracts/gmpvFniDYaf#incentive-equity-plan", "label": "Merger Agreement (KORE Group Holdings, Inc.)", "score": 32.9178657532, "published": true}, {"hash": "ewfTug8dhSS", "uri": "/contracts/ewfTug8dhSS#incentive-equity-plan", "label": "Merger Agreement (KORE Group Holdings, Inc.)", "score": 32.7864494324, "published": true}, {"hash": "2jI4PYTCxe5", "uri": "/contracts/2jI4PYTCxe5#incentive-equity-plan", "label": "Merger Agreement (Cerberus Telecom Acquisition Corp.)", "score": 32.1923332214, "published": true}], "size": 3, "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [0, 25]}, {"key": "approval-of", "type": "clause", "offset": [62, 73]}, {"key": "acquiror-shareholders", "type": "definition", "offset": [78, 99]}, {"key": "management-incentive", "type": "definition", "offset": [112, 132]}, {"key": "form-and-substance", "type": "clause", "offset": [150, 168]}, {"key": "to-the-company", "type": "definition", "offset": [188, 202]}, {"key": "reserve-pool", "type": "clause", "offset": [238, 250]}, {"key": "equal-to", "type": "definition", "offset": [251, 259]}, {"key": "number-of-shares-of", "type": "clause", "offset": [271, 290]}, {"key": "common-stock-outstanding", "type": "clause", "offset": [297, 321]}], "snippet": "Prior to the Closing Date, Acquiror shall approve, subject to approval of the Acquiror Shareholders, an omnibus management incentive equity plan in a form and substance mutually agreeable to the Company and Acquiror providing for a share reserve pool equal to 10% of the number of shares of Pubco Common Stock outstanding as of the Closing (such plan, the \u201cIncentive Equity Plan\u201d).", "hash": "81c9cc761e5141f0107ecfcb4fccd8b7", "id": 3}, {"samples": [{"hash": "jceMgzSQe2N", "uri": "/contracts/jceMgzSQe2N#incentive-equity-plan", "label": "Agreement and 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the Registration Statement, Tuatara shall approve, and subject to approval of the Tuatara Shareholders, adopt, an incentive equity plan that provides for grant of awards to employees and other service providers of the Surviving Pubco and its Subsidiaries in the form set forth as Annex G (the \u201cIncentive Equity Plan\u201d).", "hash": "26414e114ec90392928629de84c1ee2b", "id": 5}, {"samples": [{"hash": "k4WEOuBYAK2", "uri": "/contracts/k4WEOuBYAK2#incentive-equity-plan", "label": "Agreement and Plan of Reorganization (Northern Star Investment Corp. 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Parent shall use commercially reasonable efforts to maintain the effectiveness of such registration statement for so long as any awards issued under the Parent Plan remain outstanding.", "hash": "71280235dca535d0c2ab3b7c2d76d294", "id": 7}, {"samples": [{"hash": "4nJ66b9CCQ2", "uri": "/contracts/4nJ66b9CCQ2#incentive-equity-plan", "label": "Merger Agreement (Gresham Worldwide, Inc.)", "score": 35.4859695435, "published": true}, {"hash": "3pcoPfl0eCC", "uri": "/contracts/3pcoPfl0eCC#incentive-equity-plan", "label": "Merger Agreement (Ault Disruptive Technologies Corp)", "score": 35.4859695435, "published": true}], "size": 3, "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [0, 25]}, {"key": "approval-of-the-stockholders", "type": "clause", "offset": [66, 94]}, {"key": "surviving-corporation", "type": "definition", "offset": [108, 129]}, {"key": "management-incentive", "type": "definition", "offset": [145, 165]}, {"key": "form-and-substance", "type": "clause", "offset": [181, 199]}, {"key": "and-the-company", "type": "clause", "offset": [234, 249]}, {"key": "issuance-of-the", "type": "clause", "offset": [268, 283]}, {"key": "number-of-shares-of", "type": "clause", "offset": [284, 303]}, {"key": "acquiror-common-stock", "type": "clause", "offset": [304, 325]}, {"key": "agreed-to", "type": "clause", "offset": [373, 382]}, {"key": "in-writing", "type": "definition", "offset": [383, 393]}, {"key": "by-acquiror", "type": "clause", "offset": [394, 405]}, {"key": "business-days", "type": "definition", "offset": [467, 480]}, {"key": "following-the", "type": "definition", "offset": [481, 494]}, {"key": "expiration-of-the", "type": "clause", "offset": [495, 512]}, {"key": "day-period", "type": "definition", "offset": [516, 526]}, {"key": "form-10-information", "type": "definition", "offset": [573, 592]}, {"key": "the-sec", "type": "definition", "offset": [598, 605]}, {"key": "not-a-shell-company", "type": "clause", "offset": [649, 668]}, {"key": "registration-statement-on-form-s-8", "type": "clause", "offset": [703, 737]}, {"key": "applicable-form", "type": "clause", "offset": [748, 763]}, {"key": "with-respect-to", "type": "clause", "offset": [765, 780]}, {"key": "the-acquiror", "type": "clause", "offset": [781, 793]}, {"key": "stock-issuable", "type": "clause", "offset": [801, 815]}, {"key": "the-incentive", "type": "clause", "offset": [822, 835]}, {"key": "reasonable-efforts", "type": "clause", "offset": [872, 890]}, {"key": "to-maintain", "type": "clause", "offset": [891, 902]}, {"key": "the-prospectus", "type": "definition", "offset": [991, 1005]}, {"key": "pursuant-to-the", "type": "clause", "offset": [1071, 1086]}], "snippet": "Prior to the Closing Date, Acquiror shall approve, and subject to approval of the stockholders of Acquiror, Surviving Corporation shall adopt, a management incentive equity plan in form and substance mutually satisfactory to Acquiror and the Company providing for the issuance of the number of shares of Acquiror Common Stock set forth therein (with such changes as may be agreed to in writing by Acquiror and the Company), (the \u201cIncentive Equity Plan\u201d). Within five Business Days following the expiration of the 60 day period following the date Acquiror has filed current Form 10 information with the SEC reflecting its status as an entity that is not a shell company, Acquiror shall file an effective registration statement on Form S-8 (or other applicable form) with respect to the Acquiror Common Stock issuable under the Incentive Equity Plan, and Acquiror shall use reasonable efforts to maintain the effectiveness of such registration statement(s) (and maintain the current status of the prospectus or prospectuses contained therein) for so long as awards granted pursuant to the Incentive Equity Plan remain outstanding.", "hash": "6db83e87890cc453e8f2e43eb0f16cbc", "id": 8}, {"samples": [{"hash": "4ntU0uEgCrn", "uri": "/contracts/4ntU0uEgCrn#incentive-equity-plan", "label": "Merger Agreement (Battery Future Acquisition Corp.)", "score": 35.3682403564, "published": true}], "size": 3, "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [0, 25]}, {"key": "approval-of-the-stockholders", "type": "clause", "offset": [76, 104]}, {"key": "by-the-parties", "type": "clause", "offset": [216, 230]}, {"key": "pursuant-to-section", "type": "definition", "offset": [231, 250]}, {"key": "the-incentive", "type": "clause", "offset": [260, 273]}, {"key": "number-of-shares-of", "type": "clause", "offset": [318, 337]}, {"key": "pubco-common-stock", "type": "definition", "offset": [338, 356]}, {"key": "equal-to", "type": "definition", "offset": [357, 365]}, {"key": "the-total", "type": "clause", "offset": [374, 383]}, {"key": "stock-outstanding", "type": "definition", "offset": [452, 469]}, {"key": "upon-the-closing", "type": "clause", "offset": [470, 486]}, {"key": "diluted-basis", "type": "definition", "offset": [498, 511]}, {"key": "reserved-for-issuance", "type": "definition", "offset": [521, 542]}, {"key": "pursuant-to-the", "type": "clause", "offset": [543, 558]}, {"key": "the-sec", "type": "definition", "offset": [642, 649]}, {"key": "registration-statement-on-form-s-8", "type": "clause", "offset": [652, 686]}, {"key": "relevant-jurisdiction", "type": "clause", "offset": [740, 761]}, {"key": "relating-to", "type": "definition", "offset": [763, 774]}, {"key": "stock-issuable", "type": "clause", "offset": [788, 802]}, {"key": "registration-of-shares", "type": "clause", "offset": [925, 947]}, {"key": "available-to", "type": "definition", "offset": [1050, 1062]}, {"key": "commercially-reasonable-best-efforts", "type": "definition", "offset": [1090, 1126]}, {"key": "to-maintain", "type": "clause", "offset": [1127, 1138]}], "snippet": "Prior to the Closing Date, Acquiror and Pubco shall approve and, subject to approval of the stockholders of Acquiror, Pubco shall adopt an incentive equity plan (the \u201cIncentive Equity Plan\u201d) in the form to be agreed by the Parties pursuant to Section 7.01(a). The Incentive Equity Plan shall provide that an aggregate number of shares of Pubco Common Stock equal to 8.0% of the total combined number of shares of Pubco Common Stock and Pubco Preferred Stock outstanding upon the Closing on a fully-diluted basis shall be reserved for issuance pursuant to the Incentive Equity Plan (plus customary evergreen provisions). Pubco shall file with the SEC a registration statement on Form S-8 (or any successor form or comparable form in another relevant jurisdiction) relating to Pubco Common Stock issuable pursuant to the Incentive Equity Plan. Such registration statement shall be filed as soon as reasonably practicable after registration of shares on Form S-8, or any successor form or comparable form in another relevant jurisdiction, first becomes available to Pubco, and Pubco shall use commercially reasonable best efforts to maintain the effectiveness of such registration statement for so long as any awards issued under the Incentive Equity Plan remain outstanding.", "hash": "27611d8b64c7c84b7e00c70ecc6a4a52", "id": 9}, {"samples": [{"hash": "t1Oas0Qc8l", "uri": "/contracts/t1Oas0Qc8l#incentive-equity-plan", "label": "Business Combination Agreement (L&F Acquisition Corp.)", "score": 32.9671440125, "published": true}], "size": 3, "snippet_links": [{"key": "prior-to-the-closing-date", "type": "clause", "offset": [0, 25]}, {"key": "approval-of-the-shareholders", "type": "clause", "offset": [60, 88]}, {"key": "exhibit-h", "type": "clause", "offset": [169, 178]}, {"key": "issuance-of-the", "type": "clause", "offset": [198, 213]}, {"key": "number-of-shares-of", "type": "clause", "offset": [214, 233]}, {"key": "acquiror-common-stock", "type": "clause", "offset": [234, 255]}, {"key": "agreed-to", "type": "clause", "offset": [303, 312]}, {"key": "in-writing", "type": "definition", "offset": [313, 323]}, {"key": "by-acquiror", "type": "clause", "offset": [324, 335]}, {"key": "obtaining-approval", "type": "clause", "offset": [357, 375]}, {"key": "acquiror-shareholders", "type": "definition", "offset": [383, 404]}, {"key": "employee-stock-purchase-plan", "type": "definition", "offset": [453, 481]}, {"key": "exhibit-i", "type": "clause", "offset": [514, 523]}, {"key": "each-case", "type": "definition", "offset": [767, 776]}, {"key": "effective-as-of-the-closing", "type": "clause", "offset": [783, 810]}, {"key": "plan-document", "type": "clause", "offset": [855, 868]}, {"key": "business-days", "type": "definition", "offset": [881, 894]}, {"key": "following-the", "type": "definition", "offset": [895, 908]}, {"key": "expiration-of-the", "type": "clause", "offset": [909, 926]}, {"key": "day-period", "type": "definition", "offset": [930, 940]}, {"key": "form-10-information", "type": "definition", "offset": [987, 1006]}, {"key": "the-sec", "type": "definition", "offset": [1012, 1019]}, {"key": "not-a-shell-company", "type": "clause", "offset": [1063, 1082]}, {"key": "registration-statement-on-form-s-8", "type": "clause", "offset": [1117, 1151]}, {"key": "applicable-form", "type": "clause", "offset": [1162, 1177]}, {"key": "with-respect-to", "type": "clause", "offset": [1179, 1194]}, {"key": "stock-issuable", "type": "clause", "offset": [1215, 1229]}, {"key": "the-incentive", "type": "clause", "offset": [1236, 1249]}, {"key": "use-reasonable-best-efforts", "type": "clause", "offset": [1295, 1322]}, {"key": "to-maintain", "type": "clause", "offset": [1323, 1334]}, {"key": "the-prospectus", "type": "definition", "offset": [1423, 1437]}, {"key": "pursuant-to-the", "type": "clause", "offset": [1503, 1518]}, {"key": "incentive-equity-plan-and-espp", "type": "clause", "offset": [1519, 1549]}], "snippet": "Prior to the Closing Date, Acquiror shall adopt, subject to approval of the shareholders of Acquiror: (a) its 2022 Incentive Equity Plan, in the form attached hereto as Exhibit H, providing for the issuance of the number of shares of Acquiror Common Stock set forth therein, with such changes as may be agreed to in writing by Acquiror, ZF and IDX prior to obtaining approval of the Acquiror Shareholders (the \u201cIncentive Equity Plan\u201d); and (b) its 2022 Employee Stock Purchase Plan, in the form attached hereto as Exhibit I, providing for the issuance of the number of shares of Acquiror Common Stock set forth therein, with such changes as may be agreed to in writing by Acquiror, ZF and IDX prior to obtaining approval of the Acquiror Shareholders (the \u201cESPP\u201d), in each case to be effective as of the Closing or as otherwise set forth in the applicable plan document. Within two Business Days following the expiration of the 60 day period following the date Acquiror has filed current Form 10 information with the SEC reflecting its status as an entity that is not a shell company, Acquiror shall file an effective registration statement on Form S-8 (or other applicable form) with respect to the Acquiror Common Stock issuable under the Incentive Equity Plan and the ESPP, and Acquiror shall use reasonable best efforts to maintain the effectiveness of such registration statement(s) (and maintain the current status of the prospectus or prospectuses contained therein) for so long as awards granted pursuant to the Incentive Equity Plan and ESPP remain outstanding.", "hash": "44062bf774260f35bbbbc3265c39fd84", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5pbmNlbnRpdmUtZXF1aXR5LXBsYW4jMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 102, "children": [["notices", "Notices"], ["entire-agreement", "Entire Agreement"], ["effect-of-termination", "Effect of Termination"], ["waiver", "Waiver"], ["representations-and-warranties", "Representations and Warranties"]], "parents": [["covenants-of-acquiror", "Covenants of Acquiror"], ["additional-agreements", "Additional Agreements"], ["no-additional-representations-and-warranties", "No Additional Representations and Warranties"], ["joint-covenants", "Joint Covenants"], ["covenants", "Covenants"]], "title": "Incentive Equity Plan", "id": "incentive-equity-plan", "related": [["equity-plan", "Equity Plan", "Equity Plan"], ["incentive-plans", "Incentive Plans", "Incentive Plans"], ["long-term-incentive-plans", "Long-Term Incentive Plans", "Long-Term Incentive Plans"], ["long-term-incentive-plan", "Long Term Incentive Plan", "Long Term Incentive Plan"], ["equity-incentive-plan", "Equity Incentive Plan", "Equity Incentive Plan"]], "related_snippets": [], "updated": "2026-04-22T04:28:35+00:00", "also_ask": ["What are the most negotiable terms in an Incentive Equity Plan for founders and key employees?", "Which drafting elements are essential to prevent dilution and ensure alignment with company growth?", "What are the most common legal pitfalls or ambiguities that could render the plan unenforceable?", "How do Incentive Equity Plans differ from traditional stock option plans in terms of tax and legal treatment?", "What standards do courts use to assess the enforceability of forfeiture or vesting provisions in these plans?"], "drafting_tip": "Specify eligibility criteria to prevent disputes, define vesting schedules to ensure clarity of benefits, and outline termination consequences to avoid future misunderstandings.", "explanation": "An Incentive Equity Plan is a contractual provision that establishes a framework for granting equity-based compensation, such as stock options or restricted stock, to employees, consultants, or directors. Typically, the plan outlines eligibility criteria, types of awards, vesting schedules, and procedures for exercising or settling equity grants. Its core practical function is to align the interests of key contributors with those of the company by providing a financial incentive tied to the company's performance, thereby motivating retention and long-term value creation."}, "json": true, "cursor": ""}}