Common use of Ten-Percent Stockholders Clause in Contracts

Ten-Percent Stockholders. An Employee who owns more than 10% of the total combined voting power of all classes of outstanding stock of the Company, a Parent or Subsidiary shall not be eligible for the grant of an ISO unless such grant satisfies the requirements of Section 422(c)(5) of the Code.

Appears in 36 contracts

Samples: 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Nikola Corp), 2020 Stock Incentive Plan (Vincerx Pharma, Inc.)

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Ten-Percent Stockholders. An Employee who owns more than ten percent (10% %) of the total combined voting power of all classes of outstanding stock of the Company, a Parent or Subsidiary shall not be eligible for the grant of an ISO unless such grant satisfies the requirements of Section 422(c)(5) of the Code.

Appears in 8 contracts

Samples: 2023 Stock Incentive Plan (Interactive Strength, Inc.), 2022 Stock Incentive Plan (Interactive Strength, Inc.), 2021 Stock Incentive Plan (1stdibs.com, Inc.)

Ten-Percent Stockholders. An Employee who owns more than 10% of the total combined voting power of all classes of outstanding stock of the Company, a Parent or Subsidiary shall not be eligible for the grant of an ISO unless such grant satisfies the requirements of Section 422(c)(5) of the Code.. VIOLIN MEMORY, INC. 2012 STOCK INCENTIVE PLAN

Appears in 4 contracts

Samples: 2012 Stock Incentive Plan (Violin Memory Inc), 2012 Stock Incentive Plan (Violin Memory Inc), 2012 Stock Incentive Plan (Violin Memory Inc)

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Ten-Percent Stockholders. An Employee who owns more than 10% of the total combined voting power of all classes of outstanding stock of the Company, a Parent Parent, or a Subsidiary shall not be eligible for the grant of an ISO unless such grant satisfies the requirements of Section 422(c)(5) of the Code.

Appears in 1 contract

Samples: Business Combination Agreement (Pathfinder Acquisition Corp)

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