Transwitch Corporation 1995 Employee Stock Purchase Plan Enrollment/Authorization Form

Summary

This form allows employees of Transwitch Corporation to enroll, re-enroll, change payroll deduction percentages, or withdraw from the 1995 Employee Stock Purchase Plan. By signing, employees authorize payroll deductions (between 1% and 5% of pay) to purchase company stock according to the plan's terms. Employees may also open a joint account for stock ownership. Withdrawal from the plan results in a refund of unused deductions without interest. The form must be submitted to Human Resources and revokes any prior authorizations.

EX-10.6 4 dex106.txt 1995 EMPLOYEE STOCK PURCHASE PLAN EXHIBIT 10.6 TRANSWITCH CORPORATION 1995 Employee Stock Purchase Plan Enrollment/Authorization Form Please complete the Employee Information and the appropriate section below. ================================================================================ EMPLOYEE INFORMATION (Please print) Name:____________________________________________________________ First Middle Last Home Address:_________________________________________________________ Number Street _________________________________________________________________ City State Zip Soc. Sec. #:_____________________________________________________ ================================================================================ ENROLL IN EMPLOYEE STOCK PURCHASE PLAN ____ Enroll ____ Re-Enroll I wish to enroll or re-enroll in the Employee Stock Purchase Plan. I have received and read a copy of the Employee Stock Purchase Plan and Prospectus. I understand that so long as I remain eligible, I will remain in the Plan until I file a new form to withdraw. In accordance with Articles 10 and 14 of the Plan, all unused payroll deductions will be refunded without interest to me upon withdrawal or termination of participation in the Plan. I hereby authorize the purchase of Common Stock on my behalf in accordance with the terms of the Plan. Percentage to be deducted from TOTAL PAY: ______% (Specify percentage not less than 1% nor more than 5% in whole numbers only) If you wish your Stock Purchase Plan Account to be opened as a joint account and stock to be issued to you and another individual as joint tenants with right of survivorship, print additional name: _________________________________________________________________ First Middle Last _________________________________ _______________________ Employee Signature Date -2- ================================================================================ CHANGE PAYROLL DEDUCTION PERCENTAGE Please change my payroll deduction percentage to ___% effective as of the |_| January 1, |_| July 1 Payment Period. _________________________________ _______________________ Employee Signature Date ================================================================================ WITHDRAW FROM EMPLOYEE STOCK PURCHASE PLAN I wish to withdraw from the Employee Stock Purchase Plan. Please discontinue payroll deductions as of ____/____/____ or if not administratively possible, as of the following pay period. I understand that any funds accumulated during the current Payment Period will be returned to me, without interest. _________________________________ _______________________ Employee Signature Date ================================================================================ THIS AUTHORIZATION REVOKES ALL PRIOR AUTHORIZATIONS Return to Human Resources