Purpose of the Plan. The Plan is intended to increase incentives and to encourage Share ownership on the part of (1) employees of the Company and its Affiliates, (2) consultants who provide significant services to the Company and its Affiliates, and (3) directors of the Company who are employees of neither the Company nor any Affiliate. The Plan also is intended to further the growth and profitability of the Company. The Plan is intended to permit the grant of Awards that qualify as performance-based compensation under section 162(m) of the Code.
Appears in 10 contracts
Samples: 2017 Omnibus Stock Plan (Varex Imaging Corp), 2017 Omnibus Stock Plan (Varex Imaging Corp), 2005 Omnibus Stock Plan (Varian Medical Systems Inc)
Purpose of the Plan. The Plan is intended to increase incentives attract, motivate, and to encourage Share ownership on the part of retain (1a) employees of the Company and its AffiliatesSubsidiaries, (2b) consultants who provide significant services to the Company and its AffiliatesSubsidiaries, and (3c) directors of the Company who are employees of neither the Company nor any AffiliateSubsidiary. The Plan also is intended designed to further the growth and profitability encourage stock ownership by Participants, thereby aligning their interests with those of the Company. The Plan is intended ’s shareholders and to permit the grant payment of Awards compensation that qualify qualifies as performance-based compensation under section Section 162(m) of the Code.
Appears in 5 contracts
Samples: 2004 Equity Incentive Plan (Polycom Inc), 2007 Stock Incentive Plan (Epicor Software Corp), Equity Incentive Plan (Polycom Inc)
Purpose of the Plan. The Plan is intended to increase incentives and to encourage Share ownership on the part of (1) employees of the Company and its Affiliates, (2) consultants who provide significant services to the Company and its Affiliates, and (3) directors of the Company who are employees of neither the Company nor any Affiliate. The Plan also is intended to further the growth and profitability of the Company. The Plan is intended to permit the grant of Awards that qualify as performance-based compensation under section 162(m) of the Code.
Appears in 5 contracts
Samples: 2020 Omnibus Stock Plan (Varex Imaging Corp), 2020 Omnibus Stock Plan (Varex Imaging Corp), 2020 Omnibus Stock Plan (Varex Imaging Corp)
Purpose of the Plan. The Plan is intended to increase incentives incentive and to encourage Share ownership on the part of (1) employees Employees (including officers and Directors) of the Company and its Affiliates, (2) consultants Consultants who provide significant services to the Company and its Affiliates, and (3) directors Directors of the Company who are employees of neither the Company nor any Affiliate. The Plan also is intended to further the growth and profitability of the Company. The Plan is intended to permit the grant of Awards that qualify as performance-based compensation under section 162(m) of the Code.
Appears in 3 contracts
Samples: 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.)
Purpose of the Plan. The Plan is intended to increase incentives and to encourage Share ownership on the part of (1) employees of the Company and its Affiliates, (2) consultants who provide significant services to the Company and its Affiliates, and (3) directors of the Company who are employees of neither the Company nor any Affiliate. The Plan also is intended to further the growth and profitability of the Company. The Plan is intended to permit the grant of Awards that qualify as performance-based compensation under section 162(m) of the Code.
Appears in 1 contract
