Purposes of the Plan. The purposes of the Bioral Nutrient Delivery, LLC -------------------- 2003 Class B Share Membership Option Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Directors, Officers, Consultants and Employees of the Company, and to promote the success of the Company's business. All Options granted under the Plan are Non-Qualified Stock Options. This Plan is adopted by the Managing Member as of January 8, 2003.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Biodelivery Sciences International Inc), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC)
Purposes of the Plan. The purposes of the Bioral Nutrient Delivery, LLC -------------------- 2003 Class B Share Membership Option Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Directors, Officers, Consultants and Employees of the Company, and to promote the success of the Company's business. All Options granted under the Plan are Non-Qualified Stock Options. This Plan is adopted by the Managing Member as of January 8, 2003.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Bioral Nutrient Delivery LLC), Limited Liability Company Operating Agreement (Biodelivery Sciences International Inc)
