Purpose

Example Definitions of "Purpose"
Purpose. Office space for Tenant's use.
Purpose. General office and executive administration.
Purpose. The purpose of the County Bancorp, Inc. Investors Community Bank Management Employees' Elective Deferred Compensation Plan is to enable directors and selected key officers of INVESTORS COMMUNITY BANK, its parent county bancorp, iNC. and their affiliates to elect to defer all or a portion of the fees and compensation payable in cash by the Company or an affiliate on account of service as a director or employee. The Plan is intended to serve as a means of maximizing the effectiveness and... flexibility of the compensation arrangements of Participants and as an aid in attracting and retaining individuals of outstanding abilities and specialized skills for service with the Company and/or an affiliate. The Plan shall be an unfunded plan for tax purposes and for purposes of Title I of ERISA, and is maintained primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees. The Plan was originally adopted as the Investors Community Bank Management Employees' Elective Deferred Bonus Plan, effective January 18, 2000. The Plan was amended and restated as the Investors Community Bank Management Employees' Elective Deferred Compensation Plan, effective January 1, 2005, to comply with Code Section 409A with respect to amounts deferred or vested under the Plan on or after January 1, 2005. The Plan was further amended and restated in January 2013. The Plan is hereby amended and restated in its entirety, effective April 18, 2017. The Plan is not intended to modify the treatment of any amounts deferred and vested before January 1, 2005. View More
Purpose. The meaning ascribed to it in recitals to this Agreement
Purpose. The Company, by means of the Plan, seeks to secure and retain the services of the group of persons eligible to receive Options as set forth in Section 1(b), to provide an inducement material for certain individuals to enter into employment with the Company within the meaning of Rule 5635(c)(4) of the NASDAQ Listing Rules, to provide incentives for such persons to exert maximum efforts for the success of the Company and any Affiliate and to provide a means by which such eligible recipients may... be given an opportunity to benefit from increases in value of the Common Stock through the granting of Options. View More
All Definitions