Common use of Effect of Plan upon Other Compensation Plans Clause in Contracts

Effect of Plan upon Other Compensation Plans. The adoption of the Plan shall not affect any other compensation or incentive plans in effect for the Company or any Subsidiary. Nothing in the Plan shall be construed to limit the right of the Company or any Subsidiary: (a) to establish any other forms of incentives or compensation for Employees, Directors or Consultants of the Company or any Subsidiary, or (b) to grant or assume options or other rights or awards otherwise than under the Plan in connection with any proper corporate purpose including without limitation, the grant or assumption of options in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation, partnership, limited liability company, firm or association.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Conyers Park II Acquisition Corp.), Lock Up Agreement (Broadstone Acquisition Corp.), Merger Agreement (Histogen Inc.)

AutoNDA by SimpleDocs

Effect of Plan upon Other Compensation Plans. The adoption of the Plan shall not affect any other compensation or incentive plans in effect for the Company or any SubsidiarySubsidiary or Related Entity. Nothing in the Plan shall be construed to limit the right of the Company Company, any Subsidiary or any Subsidiary: Related Entity (ai) to establish any other forms of incentives or compensation for Employees, Directors or Consultants of the Company or any SubsidiaryService Providers, or (bii) to grant or assume options or other rights or awards otherwise other than under the Plan in connection with any proper corporate purpose including without limitation, the grant or assumption of options in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock securities or assets of any corporation, partnership, limited liability company, firm or association.

Appears in 1 contract

Samples: doc.irasia.com

Effect of Plan upon Other Compensation Plans. The adoption of the Plan shall not affect any other compensation or incentive plans in effect for the Company or any SubsidiaryAffiliate. Nothing in the Plan shall be Table of Contents construed to limit the right of the Company or any SubsidiaryAffiliate: (a) to establish any other forms of incentives or compensation for Employees, Directors or Consultants of the Company or any Subsidiary, Affiliate or (b) to grant or assume options or other rights or awards otherwise than under the Plan in connection with any proper corporate purpose including without limitation, the grant or assumption of options in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation, partnership, limited liability company, firm or association.

Appears in 1 contract

Samples: Sunstone Hotel Investors, Inc.

Effect of Plan upon Other Compensation Plans. The adoption of the Plan shall not affect any other compensation or incentive plans in effect for the Company or any Subsidiary. Nothing in the Plan shall be construed to limit the right of the Company or any Subsidiary: (a) to establish any other forms of incentives or compensation for Employees, Directors or Consultants of the Company or any Subsidiary, or (b) except as otherwise provided herein, to grant or assume options or other rights or awards otherwise than under the Plan in connection with any proper corporate purpose including without limitation, the grant or assumption of options in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation, partnership, limited liability company, firm or association.

Appears in 1 contract

Samples: Globus Medical Inc

AutoNDA by SimpleDocs

Effect of Plan upon Other Compensation Plans. The adoption of the Plan shall not affect any other compensation or incentive plans in effect for the Company or any Subsidiary. Nothing in the Plan shall be construed to limit the right of the Company or any Subsidiary: (a) to establish any other forms of incentives or compensation for Employees, Directors or Consultants of the Company or any Subsidiary, or (b) except as otherwise provided herein, to grant or assume options or other rights or awards otherwise than under the Plan in connection with any proper corporate purpose including without limitation, the grant or assumption of options in connection with the acquisition by purchase, lease, merger, consolidation or otherwise, of the business, stock or assets of any corporation, partnership, limited liability company, firm or association.. 

Appears in 1 contract

Samples: Globus Medical Inc

Time is Money Join Law Insider Premium to draft better contracts faster.