Common use of Acceptance of Offer and Offer Price Discount Clause in Contracts

Acceptance of Offer and Offer Price Discount.  In applying to join the ESPP, you are applying to accept the Offer set out in the ESPP Brochure / email inviting you to apply to join the ESPP (the “Invitation”).  The Offer, and your acceptance of it, is intended to become effective on the date specified in the Invitation (subject to any Dealing Restrictions which may apply to Micro Focus at such time, in which case it will become effective when those Dealing Restrictions lift). The Offer will then continue until 1 April 2023 when it will end (the “Offer Period”).  On the date the Offer becomes effective, you will be granted a right to acquire Shares at a price per Share (“the Offer Price”) equal to a 15% discount to the lower of the Micro Focus share price at: o the start of the Offer Period; and o the date on which your right to acquire Shares is actioned – this will normally be as at maturity, other than in certain circumstances where your right to acquire Shares is actioned early (see below). At the start the start of the Offer Period the “Micro Focus share price” for this purpose will mean the closing middle market quotation of a Share (as set out in London Stock Exchange’s Daily Official List) on the dealing day preceding the relevant date or, Committee so determines, the average of the closing middle market quotations on the five dealing days 1 The formal title of the plan is the Micro Focus Employee Stock Purchase Plan 2006. For the avoidance of any doubt, any references in this Agreement to “the ESPP” and “the ESPP rules” are to the Micro Focus Employee Stock Purchase Plan 2006 and the rules of the Micro Focus Employee Stock Purchase Plan 2006 respectively. preceding such date. If Shares are acquired at a lower price on the day of purchase, the “Micro Focus share price” will be the price at which Shares are acquired for the purposes of satisfying the right to acquire Shares.  The number of Shares which you may acquire on the actioning of this right shall be equal to the total contributions made by you over the Contribution Period (see below) divided by the Offer Price (provided that such number shall not exceed 10,000).

Acceptance of Offer and Offer Price Discount.  In applying to join the ESPP, you are applying to accept the Offer set out in the ESPP Brochure / email inviting you to apply to join the ESPP (the “Invitation”).  • The Offer, and your acceptance of it, is intended to become effective on the date specified in the Invitation (subject to any Dealing Restrictions which may apply to Micro Focus at such time, in which case it will become effective when those Dealing Restrictions lift). The Offer will then continue until 1 April 2023 2024 when it will end (the “Offer Period”).  • On the date the Offer becomes effective, you will be granted a right to acquire Shares at a price per Share (“the Offer Price”) equal to a 15% discount to the lower of the Micro Focus share price at: o the start of the Offer Period; and o the date on which your right to acquire Shares is actioned – this will normally be as at maturitythe end of the Offer Period, other than in certain circumstances where your right to acquire Shares is actioned early (see below). At the start the start of the Offer Period the “Micro Focus share price” for this purpose will mean have the closing middle market quotation of a Share (as meaning set out in London Stock Exchange’s Daily Official List) on the dealing day preceding the relevant date or, Committee so determines, the average applicable section of the closing middle market quotations on the five dealing days “Terms Applying to Participants in Specific Countries” (see below). 1 The formal title of the plan is the Micro Focus Employee Stock Purchase Plan 2006. For the avoidance of any doubt, any references in this Agreement to “the ESPP” and “the ESPP rules” are to the Micro Focus Employee Stock Purchase Plan 2006 and the rules of the Micro Focus Employee Stock Purchase Plan 2006 respectively. preceding such date. If Shares are acquired at a lower price on the day of purchase, the “Micro Focus share price” will be the price at which Shares are acquired for the purposes of satisfying the right to acquire Shares.  • The number of Shares which you may acquire on the actioning of this right shall be equal to the total contributions made by you over the Contribution Period (see below) divided by the Offer Price (provided that such number shall not exceed the lower of the available capacity set by rule 8.1(b) of the ESPP and 10,000).

Acceptance of Offer and Offer Price Discount.  In applying to join the ESPP, you are applying to accept the Offer set out in the ESPP Brochure / email inviting you to apply to join the ESPP (the “Invitation”).  • The Offer, and your acceptance of it, is intended to become effective on the date specified in the Invitation (subject to any Dealing Restrictions which may apply to Micro Focus at such time, in which case it will become effective when those Dealing Restrictions lift). The Offer will then continue until 1 April 2023 October 2024 when it will end (the “Offer Period”).  • On the date the Offer becomes effective, you will be granted a right to acquire Shares at a price per Share (“the Offer Price”) equal to a 15% discount to the lower of the Micro Focus share price at: o the start of the Offer Period; and o the date on which your right to acquire Shares is actioned – this will normally be as at maturity, other than in certain circumstances where your right to acquire Shares is actioned early (see below). At the start the start of the Offer Period the “Micro Focus share price” for this purpose will mean the closing middle market quotation of a Share (as set out in London Stock Exchange’s Daily Official List) on the dealing day preceding the relevant date or, Committee so determines, the average of the closing middle market quotations on the five dealing days 1 The formal title of the plan is the Micro Focus Employee Stock Purchase Plan 2006. For the avoidance of any doubt, any references in this Agreement to “the ESPP” and “the ESPP rules” are to the Micro Focus Employee Stock Purchase Plan 2006 and the rules of the Micro Focus Employee Stock Purchase Plan 2006 respectively. days preceding such date. If Shares are acquired at a lower price on the day of purchase, the “Micro Focus share price” will be the price at which Shares are acquired for the purposes of satisfying the right to acquire Shares.  • The number of Shares which you may acquire on the actioning of this right shall be equal to the total contributions made by you over the Contribution Period (see below) divided by the Offer Price (provided that such number shall not exceed 10,000).

Acceptance of Offer and Offer Price Discount.  In applying to join the ESPP, you are applying to accept the Offer set out in the ESPP Brochure / email inviting you to apply to join the ESPP (the “Invitation”).  The Offer, and your acceptance of it, is intended to become effective on the date specified in the Invitation (subject to any Dealing Restrictions which may apply to Micro Focus at such time, in which case it will become effective when those Dealing Restrictions lift). The Offer will then continue until 1 April 2023 when it will end (the “Offer Period”).  On the date the Offer becomes effective, you will be granted a right to acquire Shares at a price per Share (“the Offer Price”) equal to a 15% discount to the lower of the Micro Focus share price at: o the start of the Offer Period; and o the date on which your right to acquire Shares is actioned – this will normally be as at maturitythe end of the Offer Period, other than in certain circumstances where your right to acquire Shares is actioned early (see below). At the start the start of the Offer Period the “Micro Focus share price” for this purpose will mean have the closing middle market quotation of a Share (as meaning set out in London Stock Exchange’s Daily Official List) on the dealing day preceding the relevant date or, Committee so determines, the average applicable section of the closing middle market quotations on the five dealing days “Terms Applying to Participants in Specific Countries” (see below). 1 The formal title of the plan is the Micro Focus Employee Stock Purchase Plan 2006. For the avoidance of any doubt, any references in this Agreement to “the ESPP” and “the ESPP rules” are to the Micro Focus Employee Stock Purchase Plan 2006 and the rules of the Micro Focus Employee Stock Purchase Plan 2006 respectively. preceding such date. If Shares are acquired at a lower price on the day of purchase, the “Micro Focus share price” will be the price at which Shares are acquired for the purposes of satisfying the right to acquire Shares.  The number of Shares which you may acquire on the actioning of this right shall be equal to the total contributions made by you over the Contribution Period (see below) divided by the Offer Price (provided that such number shall not exceed the lower of the available capacity set by rule 8.1(b) of the ESPP and 10,000).

Acceptance of Offer and Offer Price Discount.  In applying to join the ESPP, you are applying to accept the Offer set out in the ESPP Brochure / email inviting you to apply to join the ESPP (the “Invitation”).  • The Offer, and your acceptance of it, is intended to become effective on the date specified in the Invitation (subject to any Dealing Restrictions which may apply to Micro Focus at such time, in which case it will become effective when those Dealing Restrictions lift). The Offer will then continue until 1 April 2023 October 2024 when it will end (the “Offer Period”).  • On the date the Offer becomes effective, you will be granted a right to acquire Shares at a price per Share (“the Offer Price”) equal to a 15% discount to the lower of the Micro Focus share price at: o the start of the Offer Period; and o the date on which your right to acquire Shares is actioned – this will normally be as at maturitythe end of the Offer Period, other than in certain circumstances where your right to acquire Shares is actioned early (see below). At the start the start of the Offer Period the “Micro Focus share price” for this purpose will mean have the closing middle market quotation of a Share (as meaning set out in London Stock Exchange’s Daily Official List) on the dealing day preceding the relevant date or, Committee so determines, the average applicable section of the closing middle market quotations on the five dealing days “Terms Applying to Participants in Specific Countries” (see below). 1 The formal title of the plan is the Micro Focus Employee Stock Purchase Plan 2006. For the avoidance of any doubt, any references in this Agreement to “the ESPP” and “the ESPP rules” are to the Micro Focus Employee Stock Purchase Plan 2006 and the rules of the Micro Focus Employee Stock Purchase Plan 2006 respectively. preceding such date. If Shares are acquired at a lower price on the day of purchase, the “Micro Focus share price” will be the price at which Shares are acquired for the purposes of satisfying the right to acquire Shares.  • The number of Shares which you may acquire on the actioning of this right shall be equal to the total contributions made by you over the Contribution Period (see below) divided by the Offer Price (provided that such number shall not exceed the lower of the available capacity set by rule 8.1(b) of the ESPP and 10,000).