Offering Dates Clause Example with 24 Variations from Business Contracts

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 on a date selected by the Committee which is approximately twenty-six (26) mo...nths after the commencement of the initial Offering Period, but no more than twenty-seven (27) months after the commencement of the initial Offering period. 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

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 and shall end with the Purchase Date that occurs a on March 15, 2019 or another date selected by the... Committee which is approximately twenty-six (26) more or less than six (6) months after the commencement of the initial Offering Period, but in any event no more than twenty-seven (27) months after the commencement of the initial Offering period. period (the "Initial Offering Period"). The initial Initial Offering Period shall consist of four one Purchase Periods. Period. Thereafter, a twenty-four (24) six (6) month Offering Period shall commence on each February 15 March 16th and August 15, September 16th, with each such Offering Period also consisting of four six (6)-month one six-month Purchase Periods, Period, 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 any subsequent Offering Period or Purchase Period to be effective after the next scheduled Purchase Date, up to a maximum duration of twenty-seven (27) months. Period. -2- 6. PARTICIPATION IN THIS PLAN. (a) Enrollment in Initial Offering Period. Any employee who is an eligible employee determined in accordance with Section 4 immediately prior to the initial Initial Offering Period will be automatically enrolled in the initial Initial Offering Period under this Plan for at a contribution level equal to fifteen percent (15%) of Compensation. A Participant that is automatically enrolled in the maximum number Initial Offering Period pursuant to this section will be entitled to continue to participate in the Initial Offering Period if such Participant submits a subscription agreement in a form determined by the Administrator, or electronic representation thereof, to the Company and/or an authorized third party administrator confirming or changing his or her contribution rate (i) no earlier than the date on which an effective registration statement pursuant to Form S-8 is filed with respect to the issuance of shares Shares under this Plan, and (ii) within thirty (30) days after such filing of Common Stock purchasable. an effective registration statement pursuant to Form S-8, or such longer time as may be determined by the Committee. (b) Enrollment in Subsequent Offering Periods. 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 requirements of Section 6(b) hereof and the other terms and provisions of this Plan. (b) With respect to Offering Periods after the initial 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) Continued Enrollment in Offering Periods. 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

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 run coterminous with the initial Purchase Period and shall commence on the Effective Date Date, and shall end with the Purchase Dat...e that occurs a date selected by on or prior to the Committee which is approximately twenty-six (26) February 1 or August 1 that first occurs six (6) months or more after the commencement of the initial Offering Period, 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 a single Purchase Periods. Period. Thereafter, a twenty-four (24) month six-month Offering Period shall commence on each February 15 1 and August 15, 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 in an applicable sub-plan, or on such other date dates as 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. Date. 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) Notwithstanding the foregoing, an eligible employee may elect to decrease the number of shares of Common Stock that such employee would otherwise be permitted to purchase for the initial Offering Period under the Plan and/or purchase shares of Common Stock for the initial Offering Period through payroll deductions by delivering an enrollment agreement to the Company within thirty (30) days after the filing of an effective registration statement pursuant to Form S-8. 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

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, 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, Periods each occurring on a twenty-four (24) month February 19 or August 19, or on such other date determined by the Committee. After the commencement of the initial Offering Period, a new 24-month Offering Period shall commence on each February 15 20 and August 15, 20, with each such Offering Period also consisting of four six (6)-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. Date. 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) Notwithstanding the foregoing, an eligible employee may elect to decrease the number of shares of Common Stock that such employee would otherwise be permitted to purchase for the initial Offering Period under the Plan and/or purchase shares of Common Stock for the initial Offering Period through payroll deductions by delivering an enrollment agreement to the Company within thirty (30) days after the filing of an effective registration statement pursuant to Form S-8. 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