Common use of Purpose of Award Clause in Contracts

Purpose of Award. The purpose of the Plan pursuant to which your shares of Dexia Restricted Stock have been awarded is to enable the Company to retain and attract executives and employees who will contribute to the Company’s success by their ability, ingenuity and industry, and to enable such executives and employees to participate in the long-term growth of the Company and Dexia by obtaining a proprietary interest in the Company or Dexia and/or the cash equivalent thereof.

Appears in 5 contracts

Samples: Dexia Restricted Stock Award Agreement (Financial Security Assurance Holdings LTD), Dexia Restricted Stock Award Agreement (Financial Security Assurance Holdings LTD/Ny/), Dexia Restricted Stock Award Agreement (Financial Security Assurance Holdings LTD)

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Purpose of Award. The purpose of the Plan pursuant to which your shares of Dexia Restricted Stock have been awarded is to enable the Company to retain and attract executives and employees who will contribute to the Company’s 's success by their ability, ingenuity and industry, and to enable such executives and employees to participate in the long-term growth of the Company and Dexia by obtaining a proprietary interest in the Company or Dexia and/or the cash equivalent thereof.

Appears in 1 contract

Samples: Dexia Restricted Stock Award Agreement (Financial Security Assurance Holdings LTD)

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