Purpose; Definitions Clause Samples

The "Purpose; Definitions" clause establishes the overall intent of the agreement and provides clear meanings for key terms used throughout the contract. It typically outlines the objectives the parties aim to achieve and lists specific definitions to ensure that important words or phrases are interpreted consistently. By clarifying both the contract's purpose and the terminology, this clause helps prevent misunderstandings and disputes over ambiguous language.
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Purpose; Definitions. The purposes of this Plan are to promote the interests of the Company (including any Subsidiaries and Affiliates) and its stockholders by using equity interests in the Company to attract, retain and motivate its management and other eligible persons and to encourage and reward their contributions to the Company’s performance and profitability. The following capitalized terms shall have the following respective meanings when used in this Plan:
Purpose; Definitions a. The Union is recognized as the representative for the settlement of grievances for those designated in the bargaining unit in relation to the contract. b. The purpose of this procedure is to determine, at the lowest possible level, if a violation of this contract has occurred.
Purpose; Definitions. Sick leave shall not be considered as a privilege which an employee may use at the employee's discretion, but shall be allowed only in case of sickness or disability or in the case of serious illness within the immediate family of the employee.
Purpose; Definitions. Sick leave shall not be considered as a privilege which an employee may use at the employee's discretion, but shall be allowed only (i) in case of sickness or disability of the employee; (ii) in the case of serious illness within the immediate family of the employee; or (iii) for an employee who is a victim of domestic violence, sexual assault or stalking for purposes of: a. Seeking medical attention for injuries caused by domestic violence, sexual assault, or stalking; b. To obtain services from a domestic violence shelter, program, or rape crisis center as a result of domestic violence, sexual assault, or stalking. c. To obtain psychological counseling related to an experience of domestic violence, sexual assault, or stalking. d. To participate in safety planning and take other actions to increase safety from future domestic violence, sexual assault, or stalking, including temporary or permanent relocation.
Purpose; Definitions. Section 8.1. a. The purpose of this Article is to improve instruction, counseling and other educational services through the periodic evaluation of all Faculty Members -- TEMPORARY (employed only 2 out of 6 semesters), CATEGORICAL, PART-TIME (50% through 67%), CONTRACT (tenure track) and REGULAR (tenured). Section 8.1. b. The key to effective evaluation is frequent and dynamic communication between all parties. Management, the evaluation team, and the evaluatee all are responsible for ensuring adequate communication occurs. Section 8.2. Evaluation of TEMPORARY (2 out of 6 semesters) Faculty Members.
Purpose; Definitions. (a) On or about the date hereof, Tabula Rasa Healthcare, Inc. (the “Company”) entered into an Agreement and Plan of Merger with CareKinesis, Inc., a Delaware corporation (“CareKinesis”), and CK Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of the Company (“Merger Sub”), pursuant to which Merger Sub was merged with and into CareKinesis (the “Merger”) and each issued and outstanding share of capital stock of CareKinesis was cancelled and converted into the right to receive one equivalent share of capital stock of the Company, and CareKinesis became a wholly-owned subsidiary of the Company. This Tabula Rasa Healthcare, Inc. Leadership Exit Bonus Plan (the “Plan”) is being established in connection with the Merger to supersede and replace in its entirety the CareKinesis, Inc. Leadership Exit Bonus Plan (the “Prior Plan”) and to promote the interests of the Company by enabling employees to participate in a future Change of Control Transaction (as defined herein) or Initial Public Offering (as defined herein) through the establishment of a bonus pool based upon the Radius Proceeds (as defined herein) in connection with the Change of Control Transaction (as defined below) or Initial Public Offering, subject to the terms hereof. The Plan is intended to be the Management Plan defined in the Radius Letter Agreement (as defined herein). The Prior Plan is hereby terminated and superseded in its entirety by this Plan. Capitalized terms not otherwise defined herein shall have the meanings given them under the Radius Letter Agreement. (b) The following terms shall have the meanings set forth below for purposes of the Plan:
Purpose; Definitions. City and Consultant entered into a Professional Services Agreement dated April 16, 2023 (“Agreement”), as amended by that certain First Amendment, dated April 16, 2024, as amended by that certain Second Amendment dated November 19, 2024 (collectively the “Agreement”) for Consultant to provide services as described in the original Exhibit A, 1st Amendment Exhibit A-1. Now City and Consultant desire to amend the Agreement with this Second Amendment in order to provide additional services as described in Exhibit A-2Amended Scope of Services” and clarify the Term of this Second Amendment and any future amendments.
Purpose; Definitions. The purpose of the Kaltura, Inc. 2017 Equity Incentive US Sub-Plan (the “Sub-Plan”) is to establish certain rules and limitations applicable to equity awards granted under the Kaltura, Inc. 2017 Equity Incentive Plan (the “Plan”) to Grantees subject to United States federal taxation (“US Grantees”). The Plan and this Sub-Plan are complementary to each other and shall, with respect to equity granted to US Grantees (“Awards”), be read and deemed as one. In the event of any contradiction, whether explicit or implied, between the provisions of this Sub-Plan and the Plan, the provisions of this Sub-Plan shall prevail with respect to Awards granted to US Grantees. For purposes of the Sub-Plan, the following initially capitalized words and phrases will be defined as set forth below, unless the context clearly requires a different meaning:
Purpose; Definitions. It is the intention of the parties to provide for the terms under which HPS will provide administrative services for the UBL Coverage. For purposes of this Agreement "
Purpose; Definitions. These Terms of Use govern the use by the Customer (defined to include all employees, staff, faculty and agents of the Customer) of the NHA Products and Services listed on the NHA Order Form, to which this Terms of Use is attached (‘‘NHA Order’’), and all other Proprietary Materials provided to or obtained by the Customer. ‘‘Products’’ shall mean the proprietary products of Assessment Technologies Institute, LLC (‘‘ATI”), the parent company of NHA, or its affiliated entities (‘‘Affiliates’’), sold through NHA, as listed on the NHA Order and made available to Customer in any form or medium delivered or made accessible to Customer, including hard copy and/or electronic delivery and all copies made thereof, and all updates and revisions provided by NHA, ATI or its Affiliates thereto. ‘‘Services’’ shall mean any service provided by NHA, ATI or its Affiliates to the Customer in connection with Product(s). “Proprietary Materials” shall mean all other forms of content created by or on behalf of ATI or NHA, including but not limited to reports, benchmarking, analytic or metric reporting, publications, white papers, studies, blog posts or other similar materials (together with Products, “Products/Materials”).