EXHIBIT 99.2
P-COM, INC.
INTERNATIONAL EMPLOYEE STOCK PURCHASE PLAN ("IESPP")
ENROLLMENT/CHANGE FORM
Action Complete Sections:
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SECTION 1:
[_] New Enrollment 2, 3, 6, 7 and sign attached
ACTIONS ---
Stock Purchase Agreement
[_] Payroll Deduction Change 2, 4, 7
[_] Terminate Payroll Deductions 2, 5, 7
[_] Beneficiary Change 2, 6, 7
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SECTION 2:
Name _______________________________________________________ _______
PERSONNEL Last First MI Dept.
DATA
Home Address _______________________________________________________
Street
___________________________________________________________________
City State Zip Code
Social Security #: [_][_][_]-[_][_]-[_][_][_][_]
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SECTION 3:
Effective with Semi-
NEW Annual Entry Date: Payroll Deduction Amount:
ENROLLMENT [_] April 1, 1998 ____% of base salary*
[_] August 1, ______ * Must be a multiple of 1% up to a
[_] February 1, ______ maximum of 15% of base salary
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SECTION 4:
Effective with the I authorize the following new
PAYROLL Pay Period Beginning: level of payroll deduction:
DEDUCTION _____________________________ _______% of base salary*
CHANGE Month, Day and Year
* Must be a multiple of 1% up to a
maximum of 15% of base salary
NOTE: You may reduce your rate of payroll deductions once per
----
semi-annual period of participation to become effective as
soon as possible following the filing of the change form.
You may also increase your rate of payroll deductions to
become effective as of the start date of the next semi-
annual period of participation.
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SECTION 5:
Effective with the Your election to terminate your
TERMINATE Pay Period Beginning: payroll deductions for the
PAYROLL _____________________________ the balance of the offering period
DEDUCTIONS Month, Day and Year cannot be changed, and you may not
rejoin the offering period at a
later date. You will not be able
to resume participation in the
IESPP prior to the start of the
next offering period.
In connection with my voluntary termination of payroll deductions, I
elect the following action regarding my IESPP payroll deductions to
date in the current semi-annual period of participation:
[_] Purchase shares of P-COM, Inc. at end of the period
OR
[_] Refund IESPP payroll deductions collected
NOTE: If your employment terminates for any reason or your eligibility
----
status changes (less than 20 hrs/wk or less than 5 months/yr), you
will immediately cease to participate in the IESPP, and your IESPP
payroll deductions collected in that semi-annual period will
automatically be refunded to you.
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SECTION 6:
Beneficiary(ies) Relationship of Beneficiary(ies)
BENEFICIARY ---------------- --------------------------------
--------------------------- ------------------------------------
--------------------------- ------------------------------------
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SECTION 7:
AUTHORIZATION
I WOULD LIKE MY CERTIFICATE TO BE ISSUED AS FOLLOWS: (PRINT NAME(S) EXACTLY AS
THEY SHOULD APPEAR.)
[_] My name only, ____________________________________________________.
[_] My name, __________________________________________________________, and my
spouse, ________________________________________________________, [_] AS
COMMUNITY PROPERTY OR [_] AS JOINT TENANTS.
[_] Issued in street name and delivered to my designated brokerage account.
___________________________ _________________________________________________
Date Signature of Employee PALLIB1\ZP\1089330.01
