EBAY » Topics » 1. Purposes.

These excerpts taken from the EBAY 10-K filed Feb 28, 2007.
1.  Purposes.
 
(a) Eligible Option Recipients.  The persons eligible to receive Options are the Employees, Directors and Consultants of the Company and its Affiliates.
 
(b) Available Options.  The purpose of the Plan is to provide a means by which eligible recipients of Options may be given an opportunity to benefit from increases in value of the Common Stock through the granting of (i) Incentive Stock Options and (ii) Nonstatutory Stock Options.
 
(c) General Purpose.  The Company, by means of the Plan, seeks to retain the services of the group of persons eligible to receive Options, to secure and retain the services of new members of this group and to provide incentives for such persons to exert maximum efforts for the success of the Company and its Affiliates.
 
1.  Purposes.
 
(a) Eligible Stock Award Recipients.  The persons eligible to receive Stock Awards are the Employees and Consultants of the Company and its Affiliates, in particular (but not limited to) those Employees and Consultants who are neither citizens nor residents of the United States of America.
 
(b) Available Stock Awards.  The purpose of the Plan is to provide a means by which eligible recipients of Stock Awards may be given an opportunity to benefit from increases in value of the Common Stock through the granting of the following Stock Awards: (i) Stock Options, (ii) stock bonuses, (iii) rights to acquire restricted stock, and (iv) restricted stock units.
 
(c) General Purpose.  The Company, by means of the Plan, seeks to retain the services of the group of persons eligible to receive Stock Awards, to secure and retain the services of new members of this group, and to provide incentives for such persons to exert maximum efforts for the success of the Company and its Affiliates.
 
This excerpt taken from the EBAY DEF 14A filed Apr 26, 2006.
1. Purposes.
 
(a) Eligible Option Recipients.  The persons eligible to receive Options are the Employees, Directors and Consultants of the Company and its Affiliates.
 
(b) Available Options.  The purpose of the Plan is to provide a means by which eligible recipients of Options may be given an opportunity to benefit from increases in value of the Common Stock through the granting of (i) Incentive Stock Options and (ii) Nonstatutory Stock Options.
 
(c) General Purpose.  The Company, by means of the Plan, seeks to retain the services of the group of persons eligible to receive Options, to secure and retain the services of new members of this group and to provide incentives for such persons to exert maximum efforts for the success of the Company and its Affiliates.
 
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