Plan Purpose Sample Clauses

Plan Purpose. The Company, by means of the Plan, seeks to secure and retain the services of Employees, Directors and Consultants, to provide incentives for such persons to exert maximum efforts for the success of the Company and any Affiliate and to provide a means by which such persons may be given an opportunity to benefit from increases in value of the Common Stock through the granting of Awards.
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Plan Purpose. The Corporate Profit Sharing Plan ("CPS") is designed to encourage and reward employees for their contribution to Company profits.
Plan Purpose. To optimize individual and Bank performance in accomplishing Board-approved goals and objectives.
Plan Purpose. The Plan has been established by the Adopting Employer and its Affiliates for the exclusive benefit of their Employees.
Plan Purpose. The Corporate Incentive Program (“CIP”) is designed to encourage and reward employees for their contribution to Company success.
Plan Purpose. The purpose of the Plan is to reward Participants for their efforts towards the achievement of Global Third Party network revenue objectives. The Plan comprises part of a competitive compensation package for Participants that also includes base salary, annual bonus and long-term equity incentives.
Plan Purpose. This management recognition plan (the "Plan") is adopted by Old Guard Group, Inc. (the "Company"). The purpose of the Plan is to retain employees of the Company with experience and ability in key positions by providing them with a proprietary interest in the Company through grants of shares of common stock, no par value (the "Common stock"), of the Company. Awards of Common Stock will be made in recognition of service to the Company and its subsidiaries and affiliates and as encouragement to continue such contributions in the future.
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Plan Purpose. The Employer has established this Defined Contribution Plan to help its Employees provide financial security for themselves and their dependents upon death, disability or retirement. All Plan Benefits are in addition to Social Security.
Plan Purpose. The purpose of the Plan is to provide a measure of economic security to each eligible Employee by accumulating contributions for distribution upon retirement, as a supplement to other resources then available.
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