Payroll Deduction Period shall have the meaning set forth in Section 2.4.
Payroll Deduction Period means the period within each Offering Period during which payroll deductions are withheld from a Participant’s Compensation for the purchase of shares of Common Stock under the Plan and may include any catch-up periods for payroll deductions permitted by the Plan Administrator.
Payroll Deduction Period means the period within each Offering Period during which payroll deductions are withheld from a Participant’s Compensation for the purchase of shares of Common Stock under the Plan.
Examples of Payroll Deduction Period in a sentence
Once terminated, participation may not be reinstated for the then current Payroll Deduction Period, but, if otherwise eligible, the employee may elect to participate in any subsequent Payroll Deduction Period.
Effective upon the last trading day of the Payroll Deduction Period, a participating employee will become a stockholder with respect to the shares purchased during such period, and will thereupon have all dividend, voting and other ownership rights incident thereto.
Any participating employee who sells or otherwise transfers shares purchased under the Plan within two years after the beginning of the Payroll Deduction Period in which the shares were purchased must within 30 days of such transfer notify the Payroll Department of the Company in writing of such transfer.
Enrollment will become effective upon the first day of the first Payroll Deduction Period.
Each Payroll Deduction Period includes all pay days falling within it.
More Definitions of Payroll Deduction Period
Payroll Deduction Period means, with respect to the Offering Period that begins on January 1, 2021 and ends on January 13, 2021, the period beginning on January 1, 2021 and ending on January 8, 2021, and with respect to Offering Periods that begin on or after January 14, 2021, the twelve (12) calendar day period that begins every Monday that immediately precedes the first day of the Offering Period to which the Payroll Deduction Period applies, and ends on the Friday that immediately precedes the last day of the Offering Period to which the Payroll Deduction Period applies. For example, the Payroll Deduction Period that applies to the Offering Period that begins on January 14, 2021 shall begin on Monday, January 11, 2021 and end on Friday, January 22, 2021, and the Payroll Deduction Period that applies to the Offering Period that begins on January 28, 2021, shall begin on Monday, January 25, 2021 and end on Friday, February 5, 2021, and subsequent Payroll Deduction Periods shall continue as described in this Section 2(z). Each Payroll Deduction Period shall be subject to adjustment as provided in Section 4(b).
Payroll Deduction Period means that period beginning on the first day of each Plan Year and ending on the earlier of:
Payroll Deduction Period means that period beginning on the first day of each Offering Period and ending on the earlier of:
Payroll Deduction Period means the period determined by the Committee or the Plan Administrator during which payroll deductions shall be made and credited to each Participant’s Account.
Payroll Deduction Period means the payroll period of the applicable Employer or such other period as the Plan Administrator shall determine; provided, however, that the first Payroll Deduction Period under the Plan shall commence on a date determined by the Chief Financial Officer of the applicable Employer and end on the last day of the then current payroll period of such applicable Employer.
Payroll Deduction Period means the payroll period of the applicable Employer or such other period as the Plan Administrator shall determine; provided, however, that the first Payroll Deduction Period under the Plan shall commence on a date determined by the Chief Financial Officer of the applicable Employer and end on the last day of the then current payroll period of such applicable Employer. (s) "Plan" means the Colonial Properties Trust Employee Share Purchase Plan (which encompasses the Company Plan and the Operating Partnership Plan), as the same may be hereafter amended from time to time. (t) "Plan Administrator" means, with respect to the Company Plan, the Board of Trustees, the Company Committee or the designee of either; and means, with respect to the Operating Partnership Plan, the Board of Directors, the CPHC Committee, or the designee of either. (u) "Purchase Date" shall have the meaning set forth in Section 8 below. (v) "Purchase Price" shall have the meaning set forth in Section 7 below. (w) "Reporting Period" shall have the meaning set forth in Section 10 below. (x) "Shares" means the common shares of beneficial interest, par value $.01 per share, of the Company. (y) "Subsidiary" means any "subsidiary corporation" of the Company within the meaning of Section 425(f) of the Code.
Payroll Deduction Period means each calendar month.