Enrolment. 2.1 I hereby elect to participate in the Plan. In connection therewith I hereby authorize my Employer to deduct the amount as indicated on this Participation Agreement from my net base pay on each monthly payday and to contribute such amount to my Cash Sub Account.
2.2 My Deductions will be used to acquire Ordinary Shares in Euros against the Fair Market Value on the last date of the relevant Monthly Saving Cycle less a 20% (twenty percent) discount thereof. Until the acquisition
2.3 The Custodian will allocate the number of Ordinary Shares acquired with my Deductions to my Share Sub Account.
2.4 My signature below authorizes my Employer and the Custodian to exercise my Purchase Right after every Monthly Saving Cycle.
2.5 I understand that this authorization shall become effective as soon as administratively feasible. I understand that my participation in the Plan will continue unless (a) I give written notice to discontinue participation, (b) I become a Leaver or (c) the Plan is terminated.
2.6 I hereby acknowledge and confirm that in case
(I) I cease to be a Participant for a continuous period of 12 (twelve) months, or (II) I become a Leaver, I will have the obligation within 1 (one) month thereafter to (a) designate a private share account qualified to register and trade the Ordinary Shares, acceptable to the Custodian, to which the Ordinary Shares held on my Share Sub Account can be transferred and/or (b) instruct the Custodian to sell all (or the remaining part) of the Ordinary Shares held on my Share Sub Account and transfer the corresponding cash proceeds to my Personal Bank Account.
2.7 I hereby acknowledge and confirm that upon termination of the Plan, I will have the obligation within 13 (thirteen) months thereafter to (a) designate a private share account qualified to register and trade the Ordinary Shares, acceptable to the Custodian, to which the Ordinary Shares held on my Share Sub Account
2.8 I hereby irrevocably and unconditionally authorize the Custodian:
(a) to sell all the Ordinary Shares held on my Share Sub Account on my behalf if I fail to comply with the obligations as set forth in article 2.6 or article
Enrolment. 6.1. If the school offers enrolment, it sends the parents an Enrolment Contract to the e-mail address provided, unless another form of communication is requested.
6.2. The offer of enrolment is valid for three weeks after the Enrolment Contract is sent. The parents can accept this offer of enrolment by returning the completed and signed Enrolment Contract to the school within this time. The contract must be received by the school within the three week period to be valid. If the time between the offer of enrolment and the student’s first day of school is less than three weeks, the contract must be received by the school no later than one week before the planned first day of school. If the contract is received after the deadline has expired, the acceptance of the contract is incumbent on the school.
6.3. Once the signed Enrolment Contract has been received by the school within the specified time period, the parents will receive e-mail confirmation that the student has been enrolled, as well as information about the student’s first day of school.
6.4. The student must be re-enrolled for each school year. The parents will receive the necessary documents (a Re-enrolment Contract, updated Statement of Fees, and reference to the applicable General Terms and Conditions) by the middle of February of each calendar year.
Enrolment. 5.1. If the school offers enrolment, it sends the parents an Enrolment Contract by post or via to the e-mail address provided.
5.2. The offer of enrolment is valid for three weeks after the Enrolment Contract is sent. The parents can accept this offer of enrolment by returning the completed and signed Enrolment Contract to the school within this time. If the time between the offer of enrolment and the student’s first day of school is less than three weeks, the contract must be received by the school no later than one the planned first day of school.
5.3. Once the signed Enrolment Contract has been received by the school within the specified time period, the parents will receive e-mail confirmation that the student has been enrolled, as well as information about the student’s first day of school.