Common use of Share Limit Clause in Contracts

Share Limit. Subject to Section 11, the aggregate number of Shares which may be issued under the Plan shall be Seven Hundred Seventy-Five Thousand (775,000) Shares (the “Authorized Share Limit”). The number of Shares which are subject to Options or other rights to acquire Shares pursuant to Awards which are outstanding at any time shall not exceed the number of Shares which then remain available for issuance under the Plan. The Company, during the term of the Plan, shall at all times reserve and keep available sufficient Shares to satisfy the requirements of the Plan. Shares offered under the Plan may be authorized but unissued Shares or treasury Shares.

Appears in 2 contracts

Samples: Stock Incentive Plan (FTC Solar, Inc.), Stock Incentive Plan (FTC Solar, Inc.)

AutoNDA by SimpleDocs

Share Limit. Subject to Section 11Sections 5.2 and 9, the aggregate number of Shares which may be issued under the Plan shall be Seven Hundred Seventy-Five Thousand (775,000) Shares (the “Authorized Share Limit”)not exceed 10,000,000 Shares. The number of Shares which are subject to Options or other rights to acquire Shares pursuant to Awards which are outstanding at any time shall not exceed the number of Shares which then remain available for issuance under the Plan. The Company, during the term of the Plan, shall at all times reserve and keep available sufficient Shares to satisfy the requirements of the Plan. Shares offered under the Plan may be authorized but unissued Shares or treasury Shares.

Appears in 2 contracts

Samples: 2008 Stock Incentive Plan (MongoDB, Inc.), 2008 Stock Incentive Plan (MongoDB, Inc.)

Share Limit. Subject to Section 11Sections 5.2 and 9 of the Plan, the aggregate number of Shares which may be issued available for issuance under the Plan Plan, including with respect to ISOs, shall be Seven Hundred Seventy-Five Thousand (775,000) Shares (the “Authorized Share Limit”)4,016,194 Shares. The number of Shares which are subject to Options or other rights to acquire Shares pursuant to Awards which are outstanding at any time shall not exceed the number of Shares which then remain available for issuance under the Plan. The Company, during the term of the Plan, shall at all times reserve and keep available sufficient Shares to satisfy the requirements of the Plan. Shares offered under the Plan may be authorized but unissued Shares or treasury Shares.

Appears in 1 contract

Samples: Aol Inc. 2013 adap.tv Acquisition Stock Incentive Plan (AOL Inc.)

Share Limit. Subject to Section 11, the aggregate number of Shares which may be issued under the Plan shall be Seven Hundred Seventy-Five Thousand (775,000) 5,666,667 Shares (the “Authorized Share Limit”). The number of Shares which are subject to Options or other rights to acquire Shares pursuant to Awards which are outstanding at any time shall not exceed the number of Shares which then remain available for issuance under the Plan. The Company, during the term of the Plan, shall at all times reserve and keep available sufficient Shares to satisfy the requirements of the Plan. Shares offered under the Plan may be authorized but unissued Shares or treasury Shares.

Appears in 1 contract

Samples: 2018 Stock Incentive Plan (Instil Bio, Inc.)

AutoNDA by SimpleDocs

Share Limit. Subject to Section 11, the aggregate number of Shares which may be issued under the Plan shall be Seven Hundred Seventy-Five Thousand (775,000) 10,000,000 Shares (the “Authorized Share Limit”). The number of Shares which are subject to Options or other rights to acquire Shares pursuant to Awards which are outstanding at any time shall not exceed the number of Shares which then remain available for issuance under the Plan. The Company, during the term of the Plan, shall at all times reserve and keep available sufficient Shares to satisfy the requirements of the Plan. Shares offered under the Plan may be authorized but unissued Shares or treasury Shares.

Appears in 1 contract

Samples: 2014 Stock Incentive Plan (Silvaco Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!