Employee Share Purchase Plan. As promptly as reasonably practicable following the date of this Agreement, the Company shall take all actions necessary or required under the Company ESPP and applicable Laws to (i) limit participation in the Company ESPP to those employees who participated in the Company ESPP immediately prior to the execution and delivery of this Agreement, (ii) prevent participants from increasing their payroll deductions or purchase elections from those in effect immediately prior to the execution and delivery of this Agreement, (iii) ensure that, except for any offering period in existence under the Company ESPP on the date of this Agreement, no offering period shall be authorized or commenced on or after the date of this Agreement, and no existing offering period shall be extended, and (iv) if the Completion shall occur prior to the end of any offering period in existence under the Company ESPP on the date of this Agreement, cause the rights of participants in the Company ESPP with respect to any such offering period (and purchase period thereunder) then underway under the Company ESPP to be determined by treating the last Business Day prior to the Effective Time as the last day of such offering period and purchase period. The Company shall terminate the Company ESPP in its entirety effective as of the Effective Time, contingent upon the Effective Time. Prior to the Effective Time, the Company shall take all actions (including, if appropriate, amending the terms of the Company ESPP) that are necessary to give effect to the transactions contemplated by this Section 7.5.
Employee Share Purchase Plan. The Company will suspend the operation of the Employee Share Purchase Plan as soon as reasonably practicable after the date hereof and in any event no later than the date after the next Purchase Date (as that term is defined in the Employee Share Purchase Plan) following the date hereof.
Employee Share Purchase Plan. The Executive shall be eligible to participate in the Corporation’s Employee Share Purchase Plan pursuant to the terms and conditions thereof.
Employee Share Purchase Plan. Article 1 —
Employee Share Purchase Plan. As promptly as reasonably practicable following the date of this Agreement, the Company shall take all actions necessary or required under the Company ESPP and applicable Laws to (i) limit participation in the Company ESPP to those employees who participated in the Company ESPP immediately prior to the execution and delivery of this Agreement, (ii) prevent participants from increasing their payroll deductions or purchase elections from those in effect immediately prior to the execution and delivery of this Agreement,
Employee Share Purchase Plan. Appendix A-22 - LTD Plan - remove specific reference to 1.08% and reflect “an amount specified by the Union”.
Employee Share Purchase Plan. January 17, 2023 Xx. Xxxxx Xxxxxxxx Mr. Xxxxx Xxxxx BLET General Chairperson BLET General Chairperson 0000 XX 00 Xxxxx 000 X. Xxxxx Xxxxxx, Xxxxx 000 Caddo Xxxxx, TX 75135 Hernando, MS 38632 Xx. Xxxx Xxxxxxxx BLET General Chairperson 000 X. Xxxx Xxxxxx, Xxxxx 000 Bloomingdale, IL 60108 Dear Sirs: The following confirms our discussion during the just concluded negotiations that resulted in this January 17, 2023 Agreement. The Union agrees to advise the Company no later than sixty (60) days after the date of this tentative agreement of the outcome of the ratification process. The Company has indicated to the Union that, subject to a successful ratification of this Agreement, as outlined herein, it intends to provide the Company contribution element of the Employee Share Purchase Plan for Engineers governed by this Agreement on the effective date of this Agreement, for the term this Agreement is in effect. As an example of the foregoing, the Company will contribute 33 cents ($0.33) for each dollar of stock purchased up to a maximum of six percent (6%) of the Engineer’s eligible earnings (i.e., the Company contribution is to a maximum of 2% of salary on 6% of eligible earnings). Xxxxxxx contributed to the Plan by the Engineer in excess of six percent (6%) of eligible earnings will not be eligible for the Company match. The Company contributions will vest after eight (8) consecutive quarters. This is not a negotiated item and does not form part of the Collective Agreement. I trust the foregoing reflects our discussions on this matter. Xxxx Xxxxxxxx General Chairperson Brotherhood of Locomotive Engineers and Trainmen January 17, 2023 Xx. Xxxxx Xxxxxxxx Mr. Xxxxx Xxxxx BLET General Chairperson BLET General Chairperson 0000 XX 00 Xxxxx 000 X. Xxxxx Xxxxxx, Xxxxx 000 Caddo Xxxxx, TX 75135 Hernando, MS 38632 Xx. Xxxx Xxxxxxxx BLET General Chairperson 000 X. Xxxx Xxxxxx, Xxxxx 000 Bloomingdale, IL 60108 Dear Sirs: The following confirms our discussion, understanding and agreement in the just concluded negotiations that resulted in this Agreement. When this Agreement becomes Effective it shall satisfy all requirements of Art. 1 §4 of the New York Dock conditions to the extent any of those requirements may apply to any change of operations of the Carrier relative to BLET contemplated in the Agreement. In addition, following the effective date on which CP assumes control of KCS, CP anticipates consolidating certain of the work currently performed by KCSR employees in th...
Employee Share Purchase Plan. After 90 days, the employee will be able to participate in the company ESPP. Employees are eligible to purchase up to 6% of their base salary in common shares of CounterPath at market price. The company will match 50% of the shares purchased by issuing up to 3% of the respective employee's base salary in shares.
Employee Share Purchase Plan. The Executive shall be eligible to participate in the Employee Share Purchase Plan (“ESPP”) subject to the terms and conditions of the ESPP, as may be amended by the Company from time to time.
Employee Share Purchase Plan. The Company shall take such permitted actions as are reasonably necessary to prohibit any additional offerings or sales of Common Shares under the Company's employee share purchase plans after the date hereof.
