Stock Purchase Plan. (a) Establishment of Stock Purchase Plan. Effective as of the Closing Date, Constar shall establish an employee stock purchase plan (the “Constar ESPP”) that will provide benefits for a period of one year after the Closing Date that are at least substantially equivalent in all Material Features to those provided under the Crown Employee Stock Purchase Plan (the “Crown ESPP”) immediately before the Closing Date.
Stock Purchase Plan. Through the Distribution Date, Roxio Employees shall continue to be eligible for participation in the Adaptec Stock Purchase Plan. Effective on or before the Distribution Date (or such other date as Adaptec and Roxio may mutually agree), Roxio shall establish and sponsor a Stock Purchase Plan for the benefit of Roxio Employees. Effective as of the Distribution Date, Roxio Employees shall cease to be eligible to participate in and to have any further payroll deductions withheld pursuant to the Adaptec Stock Purchase Plan.
Stock Purchase Plan. As a result of the Merger, the Company's 1986 Employee Stock Purchase Plan (the "Stock Purchase Plan") and the current offering period thereunder (the "Offering Period") which commenced on April 1, 1995 and is scheduled to terminate on March 31, 1996 (the "Scheduled Termination Date"), shall terminate, and each then participant in the Offering Period shall be entitled to receive from the Exchange Agent, at the Effective Time, an amount of cash equal to the difference between (a) the product of the following: (i) the Per Share Price, times (ii) the number of Shares which would have been issued to such participant had such participant continued participation in the Offering Period through the Scheduled Termination Date; and (b) the amount remaining to be deducted from the participant's compensation subsequent to the Effective Time in accordance with the provisions of the Stock Purchase Plan had such participant continued participating in the Offering Period through the Scheduled Termination Date.
Stock Purchase Plan. Effective January 1, 2001, Resources shall establish a Stock Purchase Plan for the benefit of employees of the members of the Resources Group which shall be comparable to the plan set forth in Schedule 7.03.
Stock Purchase Plan. Transferred Employees and any other Freescale employees will continue to participate in the Motorola Employee Stock Purchase Plan of 1999 (the “MOT Share Plan”) after the Reorganization Date through the Distribution Date or such earlier date on which their participation in the MOT Share Plan terminates (the “Plan Termination Date”). Motorola shall take any and all necessary action prior to the Plan Termination Date to allow the contributions of the Freescale employees made prior to the Plan Termination Date to be used to purchase shares of Motorola common stock in accordance with the following: If the Plan Termination Date is within three months of the end of the current MOT Share Plan period, such purchase shall take place as of the end of the then applicable six month period under the MOT Share Plan and pursuant to the terms of such plan. If the Plan Termination Date is not within three months of the end of the current MOT Share Plan period, such purchase shall not take place and any amounts contributed by Freescale employees prior to the Plan Termination Date shall be refunded, without interest, as soon as practicable after the Plan Termination Date.
Stock Purchase Plan. The Exelon Stock Purchase Plan will be provided on the same basis as it is provided to non-represented employees. The Exelon Tuition Reimbursement Plan will be provided on the same basis as it is provided to non-represented employees.
Stock Purchase Plan. Immediately prior to the Record Date, the ------------------- administrators of the ATL Employee Stock Purchase Plan (the "ATL ESP Plan") will adjust the length of the then current purchase period (as defined in the ATL ESP Plan) to end prior to the Record Date. Shares of ATL Common Stock will be purchased for all eligible participants to allow the participation in the distribution of SONO Common Stock in connection with the Distribution. The purchase period will resume under the ATL ESP Plan on ______, 1998, or such other date determined by the administrators of the ATL ESP Plan.
Stock Purchase Plan. 4 1.35 Subsidiary..........................................................................................4 1.36 Supplemental Short-Term Disability Plan.............................................................5 1.37 Voluntary Short-Term Disability Plan................................................................5 1.38 401(k) Plan.........................................................................................5 -i- TABLE OF CONTENTS (CONTINUED)
Stock Purchase Plan. Stock Purchase Plan," when immediately preceded by "Adaptec," means the Adaptec Employee Stock Purchase Plan. When immediately preceded by "Roxio," "Stock Purchase Plan" means the employee stock purchase plan to be established by Roxio.
Stock Purchase Plan. In order to fulfill Athene’s purchase obligations described in Section 3.1, Athene shall, on or as promptly as practicable following the First Open Trading Day, adopt, enter into and not withdraw, terminate or take any action that would result in the termination of, a 10b5-1 Plan with one or more broker-dealers or other agents (any such broker-dealer, an “Agent”), except to the extent any such withdrawal, termination or action is required to comply with or avoid a violation of Rule 10b5-1. Prior to the date of the First Open Trading Day, ARI shall advise Athene in writing of the occurrence of the First Open Trading Day.
