Common use of Purpose of Option Clause in Contracts

Purpose of Option. The purpose of the Plan under which this Option has been granted is to advance the interests of the Company and its shareholders by providing incentives to certain key employees of the Company and its Affiliates (as such term is defined in the Plan).

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Talbots Inc), Nonqualified Stock Option Agreement (Talbots Inc)

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Purpose of Option. The purpose of the Plan under which this Option has been granted is to advance the interests of the Company and its shareholders by providing incentives to certain key employees of the Company and its Affiliates (as such affiliates and to certain other key individuals who perform services for these entities, including those who contribute significantly to the strategic and long-term is defined in performance objectives and growth of the Plan)Company and its affiliates.

Appears in 1 contract

Samples: Talbots Inc

Purpose of Option. The purpose of the Plan under which this Option has been granted is to advance the interests of the Company and its shareholders by providing incentives to certain key employees of the Company and its Affiliates (as such term is defined in the Plan)affiliates. 2.

Appears in 1 contract

Samples: Talbots Inc

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Purpose of Option. The purpose of the Plan under which this Option has been granted is to advance the interests of the Company and its shareholders by providing incentives to certain key employees of the Company and its Affiliates (as such term is defined in the Plan)Affiliates.

Appears in 1 contract

Samples: Employment Agreement (Talbots Inc)

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