Examples of Target ESPP in a sentence
Since the close of business on March 14, 1997, no shares of Target Capital Stock have been issued except pursuant to the exercise of options outstanding as of March 14, 1997 under the Target Stock Option Plans or pursuant to the Target ESPP.
Acquiror agrees to file a registration statement on Form S- -------- 8 for the shares of Acquiror Common Stock issuable with respect to assumed Target Stock Options and the rights assumed under the Target ESPP no later than five (5) business days after the Closing Date.
On the New Exercise Date, the Target shall apply the funds credited as of such date under the Target ESPP within each participant's payroll withholdings account to the purchase of whole shares of Target Common Stock in accordance with the terms of the Target ESPP.
The Target shall take such actions as are necessary to establish a "new exercise date" as such term is used in the Target's Employee Stock Purchase Plan (the "TARGET ESPP")) in accordance with the terms of the Target ESPP (the "NEW EXERCISE DATE") for the then current offering period (as such term is used in the Target ESPP).
There are no other outstanding shares of capital stock or voting securities and no outstanding commitments to issue any shares of capital stock or voting securities after the date of this Agreement, other than pursuant to the exercise of (i) options outstanding as of the date of this Agreement under the Target Stock Option Plans, and (ii) the exercise of subscription rights outstanding as of the date of this Agreement under the Target ESPP.
As of the close of business on November 12, 1996, there were no other outstanding commitments to issue any shares of capital stock or voting securities of Target other than pursuant to the Option Agreement, the exercise of options outstanding as of such date under the Target Stock Option Plans, pursuant to the Target ESPP or pursuant to the Warrants (as defined below).
When issued in accordance with the terms of the Target Stock Option Plans, the Target ESPP and the Warrants, the Target Common Stock so issued will be duly authorized, validly issued, fully paid and non-assessable and will not be subject to preemptive rights or right of first refusal created by statute, the Certificate of Incorporation or Bylaws of Target or any agreement to which Target is a party or by which it is bound.
Pursuant to the terms and ---------------------------- conditions of the Target 1996 Employee Stock Purchase Plan (the "Target ESPP" ----------- and, together with the Target Stock Option Plans, the "Target Equity Plans"), ------------------- Target's Board of Directors shall cause the offering period currently in effect as of the date hereof to be the last such offering period under the Target ESPP.
Except as expressly permitted by the terms of this Agreement, since November 11, 1996, Target has not (i) issued or granted additional options under the Target Stock Option Plans, or (ii) accepted contributions to or enrollments in the Target ESPP.
All rights to purchase shares of Target Common Stock under the Target ESPP ("Purchase Rights") shall be exercised at the end of such offering period or the ----------------- holders of such Purchase Rights shall otherwise withdraw from the Target ESPP in accordance with the terms thereof.