Examples of Plan Period in a sentence
The form will authorize a regular payroll deduction from the Compensation received by the employee during the Plan Period.
The employee may not begin participation again during the remainder of the Plan Period.
If, prior to the last business day of the Plan Period, the Designated Subsidiary by which an employee is employed shall cease to be a subsidiary of the Company, or if the employee is transferred to a subsidiary of the Company that is not a Designated Subsidiary, the employee shall be deemed to have terminated employment for the purposes of this Plan.
If an employee elects to discontinue his payroll deductions during a Plan Period, but does not elect to withdraw his funds pursuant to Section 8 hereof, funds deducted prior to his election to discontinue will be applied to the purchase of Common Stock on the Exercise Date (as defined below).
However, an employee may not increase his payroll deduction during a Plan Period.