Offering Dates Clause Example with 24 Variations from Business Contracts

This page contains Offering Dates clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Offering Dates. (a) Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Offering Period shall consist of one or more Purchase Periods during which Contributions made by Participants are accumulated under this Plan. (b) The initial Offering Period shall commence on the Effective Date and shall end with the Purchase Date that occurs a date selected by the Committee which is approximately twenty-six (26) month...s after the commencement of the initial Offering Period, but no more than twenty-seven (27) months after the commencement of the initial Offering period. The initial Offering Period shall consist of four Purchase Periods. Thereafter, a twenty-four (24) month Offering Period shall commence on each February 15 and August 15, with each such Offering Period also consisting of four six (6)-month Purchase Periods, except as otherwise provided by an applicable sub-plan, or on such other date determined by the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth in Section 11 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. View More
Found in Bloom Energy Corp contract

Variations of a "Offering Dates" Clause from Business Contracts

Offering Dates. (a) While the Plan is in effect, the Committee will determine the duration and commencement date of each Offering Period and Purchase Period, provided that an Offering Period will in no event be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan and no Purchase Period will end later that the last day of the Offering Period in which it begins. Offering Periods may be consecutive or overlapping. Each Offering Period of this Plan may be of up to twenty-seven... (27) months duration and shall commence and end at the times designated by the Committee. Each Offering Period shall consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. Purchase Periods will be consecutive. The Committee shall have the power to change these terms as provided in Section 25 below. (b) The initial Offering Period shall commence on the Effective Date and shall end with the Purchase Date that occurs a date selected Unless otherwise determined by the Committee which is approximately twenty-six (26) months after the commencement of the initial Offering Period, but no more than twenty-seven (27) months after the commencement of the initial Offering period. The initial Offering Period shall consist of four Purchase Periods. Thereafter, a twenty-four (24) month Committee, each Offering Period shall commence on each February 15 consecutive May 16th and August 15, November 16th, with each such Offering Period also consisting of four a single six (6)-month (6) month Purchase Periods, except as otherwise provided by an applicable sub-plan, or Period ending on such other date determined by the Committee. November 15th and May 15th, respectively. The Committee may at any time establish a different duration for an Offering Period or Purchase Period shall have the power to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other change these terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth provided in Section 11 25 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. View More
Found in AQUINOX PHARMACEUTICALS, INC contract
Offering Dates. (a) While the Plan is in effect, the Committee will determine the duration and commencement date of each Offering Period and Purchase Period, provided that an Offering Period will in no event be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan. Offering Periods may be consecutive or overlapping. Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Of...fering Period shall consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. (b) The initial While the Plan is in effect, the Committee will determine the duration and commencement date of each Offering Period shall commence on the Effective Date and shall end with the Purchase Date Period, provided that occurs a date selected by the Committee which is approximately twenty-six (26) months after the commencement of the initial Offering Period, but no more than twenty-seven (27) months after the commencement of the initial Offering period. The initial Offering Period shall consist of four Purchase Periods. Thereafter, a twenty-four (24) month Offering Period shall commence on each February 15 and August 15, with each such Offering Period also consisting of four six (6)-month Purchase Periods, except as otherwise provided by an applicable sub-plan, or on such other date determined by the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period to be effective after will in no event end later than the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement close of the Offering Period (or such earlier date as the Committee may determine) to in which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant it begins. Purchase Periods will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth in Section 11 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. be consecutive. View More
Found in Prelude Therapeutics Inc contract
Offering Dates. (a) While the Plan is in effect, the Committee will determine the duration and commencement date of each Offering Period and Purchase Period, provided that an Offering Period will in no event be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan. Offering Periods may be consecutive or overlapping. Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Of...fering Period shall consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. (b) The initial While the Plan is in effect, the Committee will determine the duration and commencement date of each Offering Period shall commence on the Effective Date and shall end with the Purchase Date Period, provided that occurs a date selected by the Committee which is approximately twenty-six (26) months after the commencement of the initial Offering Period, but no more than twenty-seven (27) months after the commencement of the initial Offering period. The initial Offering Period shall consist of four Purchase Periods. Thereafter, a twenty-four (24) month Offering Period shall commence on each February 15 and August 15, with each such Offering Period also consisting of four six (6)-month Purchase Periods, except as otherwise provided by an applicable sub-plan, or on such other date determined by the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period to be effective after will in no event end later than the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement close of the Offering Period (or such earlier date as the Committee may determine) to in which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant it begins. Purchase Periods will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth in Section 11 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. be consecutive. View More
Found in 2 Contracts from Redfin Corp
Offering Dates. (a) While the Plan is in effect, the Committee shall determine the duration and commencement date of each Offering Period, provided that an Offering Period shall in no event be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan. Offering Periods may be consecutive or overlapping. Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Offering Period shal...l consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. (b) The initial While the Plan is in effect, the Committee shall determine the duration and commencement date of each Offering Period shall commence on the Effective Date and shall end with the Purchase Date Period, provided that occurs a date selected by the Committee which is approximately twenty-six (26) months after the commencement of the initial Offering Period, but no more than twenty-seven (27) months after the commencement of the initial Offering period. The initial Offering Purchase Period shall consist of four Purchase Periods. Thereafter, a twenty-four (24) month Offering Period shall commence on each February 15 and August 15, with each such Offering Period also consisting of four six (6)-month Purchase Periods, except as otherwise provided by an applicable sub-plan, or on such other date determined by in no event end later than the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement close of the Offering Period (or such earlier date as the Committee may determine) to in which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth in Section 11 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement it begins. Purchase Periods shall be consecutive. (b) The time and duration of the Offering Periods and the Purchase Periods and shall be determined by the Committee; provided that any Offering Period (or such earlier date as the Committee shall in no event be longer than twenty-seven (27) months; and provided, further, that a single Offering Period may determine) to which such agreement relates. consist of one or more Purchase Periods. View More
Found in Audentes Therapeutics, Inc. contract
Offering Dates. (a) While the Plan is in effect, the Committee shall determine the duration and commencement date of each Offering Period, provided that an Offering Period shall in no event be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan. Offering Periods may be consecutive or overlapping. Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Offering Period shal...l consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. While the Plan is in effect, the Committee shall determine the duration and commencement date of each Purchase Period, provided that a Purchase Period shall in no event end later than the close of the Offering Period in which it begins. Purchase Periods shall be consecutive. (b) The initial Offering Period shall commence on the Effective Date Date, and shall end with the Purchase Date that occurs on a date selected by the Committee which is approximately twenty-six (26) six (6) months after the commencement of the initial Offering Period, but no Effective Date (but in any event not more than twenty-seven (27) months after the commencement of the initial Offering period. Effective Date). The initial Offering Period shall consist of four a single Purchase Periods. Period. Thereafter, a twenty-four (24) month new six-month Offering Period shall commence on each February 15 May 1 and August 15, November 1, with each such Offering Period also consisting of four six (6)-month a single six-month Purchase Periods, Period, except as otherwise provided by an applicable sub-plan, or on such other date determined by the Committee. subplan. The Committee may at any time establish a different duration for an Offering Period or Purchase Period shall have the power to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other change these terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth provided in Section 11 25 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. View More
Found in CASTLIGHT HEALTH, INC. contract
Offering Dates. (a) While the Plan is in effect, the Committee shall determine the duration and commencement date of each Offering Period, provided that an Offering Period shall in no event 2 be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan. Offering Periods may be consecutive or overlapping. Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Offering Period sh...all consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. While the Plan is in effect, the Committee shall determine the duration and commencement date of each Offering Period and Purchase Period, provided that a Purchase Period shall in no event end later than the close of the Offering Period in which it begins. Purchase Periods shall be consecutive. (b) The initial Offering Period shall commence on the Effective Date Date, and shall end with the Purchase Date that occurs a date selected by on or prior to the Committee which is approximately twenty-six (26) months February 14th or August 14th that first occurs after the commencement of the initial Offering Period, but no Period or another date selected by the Committee (but in any event not more than twenty-seven (27) months after the commencement of the initial Offering period. Effective Date). The initial Offering Period shall consist of four a single Purchase Periods. Period. Thereafter, a twenty-four (24) month new six-month Offering Period shall commence on each subsequent February 15 and 15th or August 15, 15th, with each such Offering Period also consisting of four six (6)-month a single six-month Purchase Periods, Period ending on August14th or February 14th, respectively, except as otherwise provided by an applicable sub-plan, subplan or on such other date determined selected by the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period shall have the power to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other change these terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth provided in Section 11 25 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. View More
Found in Alteryx, Inc. contract
Offering Dates. (a) While the Plan is in effect, the Committee will determine the duration and commencement date of each Offering Period and Purchase Period, provided that an Offering Period will in no event be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan. Offering Periods may be consecutive or overlapping. Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Of...fering Period shall consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. While the Plan is in effect, the Committee will determine the duration and commencement date of each Offering Period and Purchase Period, provided that a Purchase Period will in no event end later than the close of the Offering Period in which it begins. Purchase Periods will be consecutive. (b) The initial Initial Offering Period shall commence on the Effective Date Date, and shall end with the Purchase Date that occurs a on February 29th, 2020 or another date selected by the Committee which is approximately twenty-six (26) months after the commencement of the initial Offering Period, but no (but in any event not more than twenty-seven (27) months after the commencement of the initial Effective Date) (the "Initial Offering period. Period"). The initial Initial Offering Period shall consist of four a single Purchase Periods. Period. Thereafter, a twenty-four (24) month new six-month Offering Period shall commence on each February 15 subsequent March 1st and August 15, September 1st, with each such Offering Period also consisting of four six (6)-month a single six-month Purchase Periods, Period ending on or prior to February 28th or August 31st, respectively, except as otherwise provided by an applicable sub-plan, or on such other date determined by the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period shall have the power to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other change these terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth provided in Section 11 25 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. View More
Found in Morphic Holding, Inc. contract
Offering Dates. (a) Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Offering Period shall may consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. (b) The initial Offering Period shall commence on the Effective Date date on which the Registration Statement covering the IPO is declared effective by the U.S. Securiti...es and Exchange Commission (the "Effective Date"), and shall end with the Purchase Date that occurs on a date selected by the Committee which is approximately twenty-six (26) 24 months after the commencement of the initial Offering Period, but no Effective Date (but in any event not more than twenty-seven (27) 27 months after the commencement of the initial Offering period. Effective Date). The initial Offering Period shall consist of four Purchase Periods. Thereafter, a twenty-four (24) month new Offering Period shall commence on each February 15 and August 15, with each such Offering Period also consisting of four every six (6)-month Purchase Periods, (6) months thereafter, except as otherwise provided by an applicable sub-plan, or on such other date determined by the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth in Section 11 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. Date. View More
Found in INFOBLOX INC contract
Offering Dates. (a) While the Plan is in effect, the Committee shall determine the duration and commencement date of each Offering Period, provided that an Offering Period shall in no event be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan. Offering Periods may be consecutive or overlapping. Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Offering Period shal...l consist of one or more Purchase Periods during which Contributions made by payroll deductions of Participants are accumulated under this Plan. While the Plan is in effect, the Committee shall determine the duration and commencement date of each Purchase Period, provided that a Purchase Period shall in no event end later than the close of the Offering Period in which it begins. Purchase Periods shall be consecutive. 2 (b) The initial Offering Period shall commence on such date specified and determined by the Effective Committee (the "Initial Offering Date"), which Initial Offering Date shall not occur before the IPO Date, and shall end with the Purchase Date that occurs on a date selected by the Committee which is approximately twenty-six (26) six (6) months after the commencement of the initial Initial Offering Period, but no Date (but in any event not more than twenty-seven (27) months after the commencement of the initial Initial Offering period. Date). The initial Offering Period shall consist of four a single Purchase Periods. Period. Thereafter, a twenty-four (24) month new six-month Offering Period shall commence on the day that follows the expiration date of each February 15 and August 15, immediately preceding Offering Period, with each such Offering Period also consisting of four six (6)-month a single six-month Purchase Periods, Period, except as otherwise provided by an applicable sub-plan, subplan or on such other date except as otherwise determined by the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period shall have the power to be effective after change the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement length of the Offering Period (or such earlier date Periods or any of these terms as the Committee may determine) to which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth provided in Section 11 25 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. View More
Found in Sierra Oncology, Inc. contract
Offering Dates. (a) While the Plan is in effect, the Committee shall determine the duration and commencement date of each Offering Period, provided that an Offering Period shall in no event be longer than twenty-seven (27) months, except as otherwise provided by an applicable subplan. Each Offering Period of this Plan may be of up to twenty-seven (27) months duration and shall commence and end at the times designated by the Committee. Each Offering Period shall consist of one or more Purchase Periods during whi...ch Contributions made by payroll deductions of Participants are accumulated under this Plan. While the Plan is in effect, the Committee shall determine the duration and commencement date of each Purchase Period, provided that a Purchase Period shall in no event end later than the close of the Offering Period in which it begins. Purchase Periods shall be consecutive. 2 (b) The initial Offering Period shall commence on the Effective Date Date, and shall end with the Purchase Date that occurs a on November 15, 2016, or another date selected by the Committee which is approximately twenty-six (26) twenty four months after the commencement of the initial Offering Period, Effective Date, but no more than twenty-seven (27) months after the commencement of the initial Offering period. Effective Date. The initial Offering Period shall consist of four Purchase Periods. The initial Purchase Period shall end on the May 15 or November 15 that first occurs six (6) months or more after the Effective Date, and subsequent six-month Purchase Periods shall occur until the end of the initial Offering Period. Thereafter, a twenty-four (24) month Offering Period shall commence on each February May 15 and August November 15, with each such Offering Period also consisting of four six (6)-month six-month Purchase Periods, except as otherwise provided by an applicable sub-plan, subplan, or on such other date determined by the Committee. The Committee may at any time establish a different duration for an Offering Period or Purchase Period to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. 6. PARTICIPATION IN THIS PLAN. (a) Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Offering Period will be automatically enrolled in the initial Offering Period under this Plan for the maximum number of shares of Common Stock purchasable. With respect to subsequent Offering Periods, any eligible employee determined in accordance with Section 4 will be eligible to participate in this Plan, subject to the requirement of Section 6(b) hereof and the other terms and provisions of this Plan. (b) With respect to Offering Periods after the initial Offering Period, a Participant may elect to participate in this Plan by submitting an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. (c) Once an employee becomes a Participant in an Offering Period, then such Participant will automatically participate in each subsequent Offering Period commencing immediately following the last day of the prior Offering Period unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an Offering Period as set forth in Section 11 below. A Participant who is continuing participation pursuant to the preceding sentence is not required to file any additional enrollment agreement in order to continue participation in this Plan; a Participant who is not continuing participation pursuant to the preceding sentence is required to file an enrollment agreement prior to the commencement of the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. Date. View More
Found in 3 Contracts from Dermira, Inc.