Westaff, Inc. International 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 International Employee Stock Purchase Plan (IESPP). Employees can choose to start or change payroll deductions (up to 10% of cash earnings), stop deductions, or update beneficiary information. The form outlines when changes take effect and explains that if employment ends or eligibility changes, participation stops and deductions are refunded. The form requires personal information and a signature to authorize changes.

EX-10.115 13 a2071262zex-10_115.htm EXHIBIT 10.11.5
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EXHIBIT 10.11.5


INTERNATIONAL EMPLOYEE STOCK PURCHASE PLAN ("IESPP")
ENROLLMENT/CHANGE FORM

 
  Action
   
  Complete 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   Branch Location

 

 

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*
   
  * 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 same purchase period at a later date. You will only be able to resume participation in the IESPP at the beginning 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 IESPP payroll deductions to date in the current purchase period:

 

 

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

 

 

OR

 

 

 

 

 

 

/ /  Refund IESPP 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 IESPP and your IESPP 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



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INTERNATIONAL EMPLOYEE STOCK PURCHASE PLAN ("IESPP") ENROLLMENT/CHANGE FORM