Common use of Purpose and Applicability Clause in Contracts

Purpose and Applicability. (a) This Addendum for U.S. Participants (the “U.S. Addendum”) applies to participants in the Plan who are either U.S. residents or U.S. taxpayers (each such participant, a “U.S. Participant”). The purpose of the U.S. Addendum is to facilitate compliance with U.S. tax, securities and other applicable laws, and to permit the Company to issue Options to eligible U.S. Participants.

Appears in 3 contracts

Samples: Option Agreement (Addex Therapeutics Ltd.), Option Agreement (Addex Therapeutics Ltd.), Option Agreement (Addex Therapeutics Ltd.)

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Purpose and Applicability. (a) 2.1 This U.S. Addendum for U.S. Participants (the “U.S. Addendum”) applies to participants in the Plan who are either U.S. residents or U.S. taxpayers (each such participant, a “U.S. Participant”)Participants. The purpose of the U.S. Addendum is to facilitate compliance with U.S. tax, securities and other applicable laws, and to permit facilitate the Company to issue Options Awards to eligible U.S. Participants.

Appears in 2 contracts

Samples: Business Combination Agreement (Athena Consumer Acquisition Corp.), Business Combination Agreement (Frazier Lifesciences Acquisition Corp)

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Purpose and Applicability. (a) This a)This Addendum for U.S. Participants (the “U.S. Addendum”) applies to participants in the Plan who are either U.S. residents or U.S. taxpayers (each such participant, a “U.S. Participant”). The purpose of the U.S. Addendum is to facilitate compliance with U.S. tax, securities and other applicable laws, and to permit the Company to issue Options to eligible U.S. Participants.

Appears in 1 contract

Samples: Option Agreement (Addex Therapeutics Ltd.)

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