EXHIBIT 99.18
GENESYS TELECOMMUNICATIONS LABORATORIES, INC.
STOCK PURCHASE AGREEMENT
------------------------
I hereby elect to participate in the International Employee Stock Purchase
Plan (the "Plan") effective with the Entry Date specified below, and I hereby
subscribe to purchase shares of Common Stock of Genesys Telecommunications
Laboratories, Inc. (the "Corporation") in accordance with the provisions of this
Agreement and the Plan. I hereby authorize payroll deductions from each of my
paychecks following my entry into the Plan in the 1% multiple of my salary (not
to exceed a maximum of 10%) specified in my attached Enrollment Form.
The Plan will be implemented in a series of successive offering periods,
each with a duration of approximately 24 months. Each offering period is divided
into a series of successive purchase intervals. The initial purchase interval is
to begin at the time of the initial public offering of the Common Stock and end
on January 31, 1998. Subsequent purchase intervals will each be of six (6)
months duration and will run from the first business day of February to the last
business day of July each year and from the first business day of August each
year until the last business day of January in the following year. My
participation will automatically remain in effect from one offering period to
the next in accordance with this Agreement and my payroll deduction
authorization, unless I withdraw from the Plan or change the rate of my payroll
deduction or unless my employment status changes. I may reduce the rate of my
payroll deductions on one occasion per purchase interval, and I may increase my
rate of payroll deduction to become effective at the beginning of any subsequent
purchase interval within the offering period.
My payroll deductions will be accumulated during each purchase interval and
will be converted into U.S. Dollars on the last U.S. business day of the
purchase interval. My payroll deductions as so converted will be applied to the
purchase of shares of Common Stock on the last U.S. business day of each
purchase interval within the offering period. The purchase price per share
shall be equal to 85% of the lower of (i) the fair market value per share of
-----
Common Stock on my entry date into the offering period or (ii) the fair market
value per share on the semi-annual purchase date. I will also be subject to
Plan restrictions (i) limiting the maximum number of shares which I may purchase
on any one purchase date to 1,000 shares and (ii) prohibiting me from purchasing
more than U.S. $25,000 worth of Common Stock for each calendar year my purchase
right remains outstanding.
I may withdraw from the Plan at any time prior to the last business day of
a purchase interval and elect either to have the Corporation refund all my
payroll deductions for that purchase interval or to have those payroll
deductions applied to the purchase of shares of the Corporation's Common Stock
at the end of such interval. However, I may not rejoin that particular offering
period at any later date. Upon the termination of my employment for any reason,
including death or disability, or my loss of eligible employee status, my
participation in the Plan will immediately cease and all my payroll deductions
for the purchase interval in which my employment terminates or my loss of
eligibility occurs will automatically be refunded.
If I take an unpaid leave of absence, my payroll deductions will
immediately cease, and any payroll deductions for the purchase interval in which
my leave begins will, at my election, either be refunded or applied to the
purchase of shares of Common Stock at the end of that purchase interval. Upon my
return to active service, my payroll deductions will automatically resume at the
rate in effect when my leave began.
A stock certificate for the shares purchased on my behalf at the end of
each purchase interval will automatically be deposited into a brokerage account
which the Corporation will open on my behalf. I will notify the Corporation of
any sale or disposition of my Plan shares, and I will satisfy all applicable
income and employment tax withholding requirements at the time of such sale or
disposition.
The Corporation has the right, exercisable in its sole discretion, to amend
or terminate the Plan at any time, with such amendment or termination to become
effective immediately following the exercise of outstanding purchase rights at
the end of any current purchase interval. Should the Corporation elect to
terminate the Plan, I will have no further rights to purchase shares of Common
Stock pursuant to this Agreement.
I have read this Agreement and have received a summary of the terms of the
Plan and hereby agree to be bound by the terms of both this Agreement and the
Plan. The effectiveness of this Agreement is dependent upon my eligibility to
participate in the Plan.
I acknowledge that I have received and may continue to receive the
opportunity to purchase Common Stock under the Plan. I understand that the
grant of a purchase right in one year or at one time does not in any way
obligate the Corporation or my employer to make a grant or award in any future
year or in any given amount. I acknowledge and understand that the Plan is
wholly discretionary in nature and is not to be considered part of my normal or
expected compensation subject to severance, resignation, redundancy or similar
pay.
I hereby authorize and direct my employer to disclose to the Corporation or
any of its subsidiaries such information regarding my employment, the nature and
amount of my compensation and the fact and conditions of my participation in the
Plan as my employer deems necessary to facilitate the administration of such
Plan.
Date:__________, 199__ _______________________________________
Signature of Employee
Printed Name:__________________________
Entry Date: ________, 199__
