Common use of Establishment of Holdings ESPP Clause in Contracts

Establishment of Holdings ESPP. Prior to the Effective Time, Holdings shall adopt the Holdings ESPP. The administrator of the Holdings ESPP, in its sole discretion, shall determine the jurisdictions offered and the timing of the offering periods under the Holdings ESPP. The Holdings ESPP will include authority to grant options which do not meet the requirements of Section 423(b) of the Code (as well as options which meet such requirements).

Appears in 5 contracts

Samples: Employee Matters Agreement (Lumentum Holdings Inc.), Employee Matters Agreement (Viavi Solutions Inc.), Employee Matters Agreement (Lumentum Holdings Inc.)

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