Westaff, Inc. Employee Stock Purchase Plan Enrollment/Change Form

Contract Categories: Business Finance Stock Agreements
Summary

This form allows employees of Westaff, Inc. to enroll in, modify, or terminate participation in the company's Employee Stock Purchase Plan (ESPP). Employees can choose to start or change payroll deductions for purchasing company stock, terminate deductions, or update beneficiary information. Deductions are limited to a maximum of 10% of cash earnings. Termination of deductions is effective for the remainder of the purchase period, and re-enrollment is only possible in the next period. The form also requires employee signature and personal information.

EX-10.112 10 a2071262zex-10_112.htm EXHIBIT 10.11.2
QuickLinks -- Click here to rapidly navigate through this document

EXHIBIT 10.11.2


EMPLOYEE STOCK PURCHASE PLAN ("ESPP")
ENROLLMENT/CHANGE FORM

 
  Action
   
  Completed Sections:

SECTION 1:
ACTION
  / /   New Enrollment   2, 3, 6, 7   and sign attached Stock Purchase Agreement

 

 

/ /

 

Payroll Deduction Change

 

2, 4, 7

 

 

 

 

/ /

 

Terminate Payroll Deductions

 

2, 5, 7

 

 

 

 

/ /

 

Beneficiary Change

 

2, 6, 7

 

 


SECTION 2:
PERSONAL DATA
  Name     
        Last   First   MI   Dept. # or Branch #

 

 

Home or Mailing Address

 

  
Street

 

 


    City   State   Zip Code

 

 

Social Security #:

 

/ / / / / /-/ / / /-/ / / / / / / /

SECTION 3:
NEW ENROLLMENT
  Effective with the Purchase Period Beginning:   Payroll Deduction Amount:        % of cash earnings*
    / /
/ /
  February  ,   
August  ,      
  * Must be a multiple of 1% up to a maximum of 10% of cash earnings

SECTION 4:
PAYROLL DEDUCTION CHANGE
  Effective with the
Pay Period Beginning:
    
Month, Day and Year
  I authorize the following new level of payroll deduction:        % of cash earnings*
            * Must be a multiple of 1% up to a maximum of 10% of cash earnings

 

 

NOTE:  You may reduce your rate of payroll deductions once per purchase period to become effective as soon as possible following the filing of the change form. You may also increase your rate of payroll deductions to become effective as of the start date of the next purchase period.

SECTION 5:
TERMINATE PAYROLL DEDUCTIONS
  Effective with the
Pay Period Beginning:
    
Month, Day and Year
  Your election to terminate your payroll deductions for the balance of the purchase period cannot be changed, and you may not rejoin the purchase period at a later date. You will not be able to resume participation in the ESPP prior to the commencement of the next purchase period.

 

 

In connection with my voluntary termination of payroll deductions (or an approved leave of absence), I elect the following action regarding my ESPP payroll deductions to date in the current purchase period:

 

 

/ /  Purchase shares of Westaff, Inc. at end of the purchase period

 

 

OR

 

 

 

 

 

 

/ /  Refund ESPP payroll deductions collected

NOTE:

 

If your employment terminates for any reason or your eligibility status changes (<20 hrs/wk or <5 months/yr), you will immediately cease to participate in the ESPP, and your ESPP payroll deductions collected in that purchase period will automatically be refunded to you.

 
   
   
   
SECTION 6:
BENEFICIARY INFORMATION
  Beneficiary(ies) Name
  Address
  Relationship of Beneficiary(ies)

 

 



 

 



 

 



SECTION 7:
SIGNATURE
       
   
Signature of Employee
 
Date



QuickLinks

EMPLOYEE STOCK PURCHASE PLAN ("ESPP") ENROLLMENT/CHANGE FORM