Examples of Purchase Period Start Date in a sentence
Contributions for a Participant during an Offering Period shall commence on the applicable Purchase Period Start Date when the Participant’s authorization for a Contribution becomes effective and shall continue for successive Purchase Periods during which the Participant is eligible to participate in the Plan, unless authorizations are withdrawn or participation is terminated, as provided in Section 8.
An Eligible Employee shall become a Participant by completing an authorization for Contributions on the form provided by the Committee (and such other documents as may be required by the Committee) and delivering such forms and documents to the Committee or an agent designated by the Committee on or before the date set therefor by the Committee, which date shall be prior to the Purchase Period Start Date for the applicable Purchase Period.
Contributions for a Participant during a Purchase Period shall commence on the applicable Purchase Period Start Date when the authorization for a Contribution becomes effective and shall continue for successive Purchase Periods during which the Participant is eligible to participate in the Plan, unless authorizations are withdrawn or participation is terminated, as provided in Section 8.
Each employee agrees, by entering this Plan, to give the Company prompt notice of any disposition of shares purchased under this Plan where such disposition occurs within two (2) years after the Purchase Period Start Date for the Purchase Period in which such shares were purchased.
Contributions for a Participant during an Offering Period shall commence on the applicable Purchase Period Start Date when the Participant’s authorization for a Contribution becomes effective and shall continue for successive Purchase Periods during which the Participant is eligible to participate in the Plan, unless authorizations are withdrawn or participation is terminated, as provided in Section 8.(e)Amount of Contributions; Determination of Compensation.
The purchase price for each share purchased under this Plan (the "Purchase Price") will be 85% of the Fair Market Value of the Common Stock on the Purchase Period Start Date or the Purchase Date, whichever is less.
In addition, in no event shall the right of any participating employee to purchase stock under this Plan, and any other employee stock purchase plan of the Company and its Parents and Subsidiaries, accrue at a rate which exceeds $25,000 of the fair market value of such stock (determined as of each Purchase Period Start Date) for each calendar year.
An Employee who becomes an Eligible Employee on or after a Purchase Period Start Date will not be eligible to participate in such Purchase Period but may participate in any subsequent Purchase Period, provided such Employee is still an Eligible Employee as of the Purchase Period Start Date of such subsequent Purchase Period.
Subject to the provisions of Section 8(b), all employees of the Company (including employees who are also directors of the Company) and all employees of each Designated Subsidiary (as defined in Section 11) are eligible to participate in any one or more of the Offerings under this Plan, provided that as of the first day of the applicable Purchase Period (the "Purchase Period Start Date") they are customarily employed by the Company or a Designated Subsidiary for more than 20 hours a week.