SpinCo ESPP definition

SpinCo ESPP has the meaning set forth in Section 11.08.
SpinCo ESPP has the meaning specified in Section 4.03(a).
SpinCo ESPP means the employee stock purchase plan adopted by SpinCo and approved by RemainCo, as sole shareholder of SpinCo prior to the Distribution.

Examples of SpinCo ESPP in a sentence

  • Prior to the Effective Time, SpinCo shall adopt an employee stock purchase plan in a form substantially similar to the DevCo ESPP (the “SpinCo ESPP”), and the SpinCo Employees shall be eligible to participate in the SpinCo ESPP effective no later than January 1, 2021.

  • Prior to the Distribution, Nuance shall cause SpinCo to adopt an employee stock purchase plan, to be effective immediately prior to the Distribution (the “SpinCo ESPP”), and Nuance shall approve the SpinCo ESPP as the sole stockholder of SpinCo.

  • The SpinCo ESPP will include authority to grant options which do not meet the requirements of Section 423(b) of the Code (as well as options which meet such requirements).

  • The administrator of the SpinCo ESPP, in its sole discretion, shall determine the jurisdictions in which participation in the SpinCo ESPP will be offered and the timing of the offering periods under the SpinCo ESPP.

  • The initial “purchase period” under the SpinCo ESPP will end on the same date that such period is scheduled to end under the Parent ESPP.

  • The rights to purchase Parent Shares, which have been earned under the Parent ESPP shall be converted, in accordance with the procedures described in Section 4.02(a)(ii) and applicable law, into rights to purchase SpinCo Shares under the SpinCo ESPP effective as of the Distribution Date with respect to a number of SpinCo Shares and at a price determined on the same basis as under Section 4.02(a)(ii).

  • Additional purchase periods under the SpinCo ESPP will be subject to the terms and conditions determined by SpinCo in its sole discretion.


More Definitions of SpinCo ESPP

SpinCo ESPP shall have the meaning set forth in Section 4.6.
SpinCo ESPP has the meaning set forth in Section 6.7.

Related to SpinCo ESPP

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

  • Company ESPP means the Company’s Employee Stock Purchase Plan.

  • SpinCo shall have the meaning set forth in the Preamble.

  • SpinCo Separate Return means any Tax Return of or including any member of the Spinco Group (including any consolidated, combined, or unitary return) that does not include any member of the Remainco Group.

  • ESPP means the Company’s Employee Stock Purchase Plan.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Welfare Plan means a “welfare plan”, as such term is defined in Section 3(1) of ERISA.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • Predecessor Plan means each of the Company’s 2005 Equity Incentive Plan, as amended, and the Enterasys Inc. 2013 Stock Plan, as amended.