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MRY » Topics » SECTION 1. PURPOSE.

This excerpt taken from the MRY DEF 14A filed Oct 23, 2006.
SECTION 1. PURPOSE. The purposes of the Memry Corporation 2006 Long-Term Incentive Plan (the “Plan”) are to encourage selected Employees and the Directors of Memry Corporation (the “Company”) and its Affiliates to acquire a proprietary and vested interest in the growth and performance of the Company and to generate an increased incentive to contribute to the Company’s future success and prosperity, thereby enhancing the value of the Company for the benefit of stockholders and the ability of the Company to attract and retain individuals of exceptional talent.

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