Common use of Objectives of the Plan Clause in Contracts

Objectives of the Plan. The objectives of the Plan are to optimize the profitability and growth of the Company through incentives that are consistent with the Company’s goals and that link the personal interests of Participants to those of the Company’s stockholders. The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract and retain the services of Participants who make or are expected to make significant contributions to the Company’s success and to allow Participants to share in the success of the Company.

Appears in 4 contracts

Samples: Omnibus Incentive Plan (Lender Processing Services, Inc.), Remy International, Inc., First Federal Bancshares of Arkansas Inc

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Objectives of the Plan. The objectives Plan is intended (i) to allow selected employees and officers of the Plan are Company and its Affiliates to acquire or increase equity ownership in the Company, thereby strengthening their commitment to the success of the Company and stimulating their efforts on behalf of the Company, (ii) assisting the Company and its Affiliates in attracting and retaining employees and officers, (iii) to optimize the profitability and growth of the Company and its Affiliates through incentives that are consistent with which will promote the Company’s goals goals, and that link the personal interests of Participants to those of the Company’s stockholders. The Plan is further intended (iv) to provide flexibility to the Company employees and officers with an incentive for excellence in its ability to motivate, attract and retain the services of Participants who make or are expected to make significant contributions to the Company’s success and to allow Participants to share in the success of the Companyindividual performance.

Appears in 1 contract

Samples: Factory Card Outlet Corp

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Objectives of the Plan. The objectives of the Plan are to optimize the profitability and growth of the Company through the use of incentives that which are consistent with the Company’s goals objectives and that which link the personal interests of Participants to those of the Company’s stockholders; to provide Participants with an incentive for excellence in individual performance; and to promote teamwork among Participants. The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract attract, and retain the services of Participants who make or are expected to make significant contributions to the Company’s success and to allow Participants to share in the success of the Company.

Appears in 1 contract

Samples: Caremark Rx Inc

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