Offering Periods Clause Example with 7 Variations from Business Contracts
This page contains Offering Periods 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 Periods. The Plan will be implemented by consecutive Offering Periods with a new Offering Period commencing on the first Trading Day of the relevant Offering Period and terminating on the last Trading Day of the relevant Offering Period. Unless and until the Administrator determines otherwise in its discretion, each Offering Period will consist of one (1) approximately six (6)-month Purchase Period, which will run simultaneously with the Offering Period. Unless otherwise provided by the Administrator, Of...fering Periods will run from June 1 (or the first Trading Day thereafter) through November 30 (or the last Trading Day prior to such date) and from December 1 (or the first Trading Day thereafter) through May 31 (or the last Trading Day prior to such date). The Administrator has authority to establish additional or alternative sequential or overlapping Offering Periods, a different number of Purchase Periods within an Offering Period, a different duration for one or more Offering Periods or Purchase Periods or different commencement or ending dates for such Offering Periods with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first Offering Period to be affected thereafter, provided, however, that no Offering Period may have a duration exceeding twenty-seven (27) months. To the extent that the Administrator establishes additional or overlapping Offering Periods with a Purchase Price based (in part) on the Fair Market Value of a Share on the first Trading Day of an Offering Period, the Administrator will have discretion to structure an Offering Period so that if the Fair Market Value of a Share on the first Trading Day of the Offering Period in which a Participant is currently enrolled is higher than the Fair Market Value of a Share on the first Trading Day of any subsequent Offering Period, the Company will automatically enroll such Participant in the subsequent Offering Period and will terminate his or her participation in such original Offering Period.View More
Variations of a "Offering Periods" Clause from Business Contracts
Offering Periods. The Plan will be implemented by consecutive Offering Periods with a new Offering Period commencing on the first Trading Day on or after January 1 and July 1 of the relevant Offering Period each year, and terminating terminating, respectively, on the last Trading Day on or before June 30 and December 31 of each year, or on such other dates as the relevant Offering Period. Administrator will determine. Unless and until the Administrator determines otherwise in its discretion, each Offering Period ...will shall consist of one (1) approximately six (6)-month (6) month Purchase Period, which will shall run simultaneously with the Offering Period. Unless otherwise provided by the Administrator, Offering Periods will run from June 1 (or the first Trading Day thereafter) through November 30 (or the last Trading Day prior to such date) and from December 1 (or the first Trading Day thereafter) through May 31 (or the last Trading Day prior to such date). The Administrator has will have the authority to establish additional or alternative sequential or overlapping Offering Periods, a different number of Purchase Periods within an Offering Period, a different duration for one or more Offerings or Offering Periods or Purchase Periods or different commencement or ending dates for such Offering Periods with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first Offering Period to be affected thereafter, provided, however, that no Offering Period may have a duration exceeding twenty-seven (27) months. To In addition, to the extent that the Administrator establishes additional or overlapping Offering Periods with a more than one Purchase Price based (in part) on the Fair Market Value of a Share on the first Trading Day of an Period in each Offering Period, the Administrator will have the discretion to structure an Offering Period so that if the Fair Market Value of a Share the shares of Common Stock on the first Trading Day of the a new Purchase Period within that Offering Period in which a Participant is currently enrolled is higher less than or equal to the Fair Market Value of the shares of Common Stock on the Enrollment Date, then (i) that Offering Period will terminate immediately as of that first Trading Day, and (ii) the Participants in such terminated Offering Period will be automatically enrolled in a Share new Offering Period beginning on the first Trading Day of any subsequent Offering Period, the Company will automatically enroll such Participant new Purchase Period.5. Participation. An Eligible Employee may participate in the subsequent Offering Period Plan by (i) submitting to the Company's designated Human Resources representative, on or before a date determined by the Administrator prior to an applicable Enrollment Date, a properly completed subscription agreement authorizing Contributions in the form provided by the Administrator for such purpose, or (ii) following an electronic or other enrollment procedure determined by the Administrator, and will terminate his or her participation in such original Offering Period. either case completing any other forms and following any procedures for enrollment in the Plan as may be established by the Administrator from time to time. View More
Offering Periods. The Plan will shall be implemented by consecutive or overlapping Offering Periods Periods, as specified by the Administrator, with a new Offering Period commencing on the first Trading Day of the relevant Offering Period and terminating on the last Trading Day of the relevant Offering Period. Unless and until the Administrator determines otherwise in its discretion, each The Offering Period will Periods shall (a) consist of one (1) approximately six (6)-month or more Purchase Period, which will ...run simultaneously with the Offering Period. Unless otherwise provided Periods of a duration specified by the Administrator, Offering Periods will run from June 1 (or and (b) be of a duration, and commence on the first Trading Day thereafter) through November 30 (or dates, specified by the last Trading Day prior to such date) and from December 1 (or the first Trading Day thereafter) through May 31 (or the last Trading Day prior to such date). The Administrator has authority to establish additional or alternative sequential or overlapping Offering Periods, a different number of Purchase Periods within an Offering Period, a different duration for one or more Offering Periods or Purchase Periods or different commencement or ending dates for such Offering Periods with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first applicable Offering Period to be affected thereafter, provided, however, Period, provided that no each Offering Period may not have a duration exceeding twenty-seven (27) months. For the avoidance of any doubt, the Administrator has authority to establish the terms that shall apply to the Offering Periods in accordance with the provisions contemplated in this Section 6 without shareholder approval. To the extent that the Administrator establishes additional Offering Periods with multiple Purchase Periods or overlapping Offering Periods Periods, in each case, with a Purchase Price based (in part) on the Fair Market Value of a Share on the first Trading Day of an Offering Period, the Administrator will shall have discretion to structure an Offering Period so that if the Fair Market Value of a Share on the first Trading Day of the Offering Period in which a Participant is currently enrolled is higher than the Fair Market Value of a Share on the first Trading Day of any subsequent Offering Period, the Company will shall automatically enroll such Participant in the subsequent Offering Period and will shall terminate his or her participation in such original Offering Period. View More
Offering Periods. The Plan will shall be implemented by consecutive or overlapping Offering Periods Periods, as specified by the Administrator, with a new Offering Period commencing on the first Trading Day of the relevant Offering Period and terminating on the last Trading Day of the relevant Offering Period. Unless and until the Administrator determines otherwise in its discretion, each The Offering Period will Periods shall (a) consist of one (1) approximately six (6)-month or more Purchase Period, which will ...run simultaneously with the Offering Period. Unless otherwise provided Periods of a duration specified by the Administrator, Offering Periods will run from June 1 (or and (b) be of a duration, and commence on the first Trading Day thereafter) through November 30 (or dates, specified by the last Trading Day prior to such date) and from December 1 (or the first Trading Day thereafter) through May 31 (or the last Trading Day prior to such date). The Administrator has authority to establish additional or alternative sequential or overlapping Offering Periods, a different number of Purchase Periods within an Offering Period, a different duration for one or more Offering Periods or Purchase Periods or different commencement or ending dates for such Offering Periods with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first applicable Offering Period to be affected thereafter, provided, however, Period, provided that no each Offering Period may not have a duration exceeding twenty-seven (27) months. For the avoidance of any doubt, the Administrator has authority to establish the terms that shall apply to the Offering Periods in accordance with the provisions contemplated in this Section 6 without stockholder approval. To the extent that the Administrator establishes additional Offering Periods with multiple Purchase Periods or overlapping Offering Periods Periods, in each case, with a Purchase Price based (in part) on the Fair Market Value of a Share on the first Trading Day of an Offering Period, the Administrator will shall have discretion to structure an Offering Period so that if the Fair Market Value of a Share on the first Trading Day of the Offering Period in which a Participant is currently enrolled is higher than the Fair Market Value of a Share on the first Trading Day of any subsequent Offering Period, the Company will shall automatically enroll such Participant in the subsequent Offering Period and will shall terminate his or her participation in such original Offering Period. View More
Offering Periods. The Plan will be implemented by consecutive Offering Periods with a new Offering Period commencing on the first Trading Day of the relevant Offering Period and terminating on the last Trading Day of the relevant Offering Period. Unless and until the Administrator Committee determines otherwise in its discretion, each Offering Period will shall consist of one (1) approximately six (6)-month four (4) Purchase Period, which will run simultaneously with Periods. Unless and 6 until the Committee dete...rmines otherwise in its discretion, the first Purchase Period of an Offering Period. Unless otherwise provided by the Administrator, Offering Periods will Period shall run from June 1 (or the first Trading Day thereafter) of October through November 30 (or the last Trading Day prior to such date) and of December, the second Purchase Period of the Offering Period shall run from December 1 (or the first Trading Day thereafter) of January through May 31 (or the last Trading Day prior to such date). of March, the third Purchase Period of the Offering Period shall run from the first Trading Day of April through the last Trading Day of June, and the fourth Purchase Period of the Offering Period shall run from the first Trading Day of July through the last Trading Day of September. The Administrator has Committee will have the authority to establish additional or alternative sequential or overlapping Offering Periods, a different number of Purchase Periods within an Offering Period, a different duration for one or more Offering Periods or Purchase Periods or different commencement or ending dates for such Offering Periods with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first Offering Period to be affected thereafter, provided, however, that no Offering Period may have a duration exceeding twenty-seven (27) months. To the extent that the Administrator establishes additional or overlapping Offering Periods with a more than one Purchase Period in each Offering Period where the Purchase Price is based (in part) on the lower of the Fair Market Value of a Share the Common Stock on the first Trading Day of an the Offering Period, Period and on the Purchase Date, the Administrator will have the discretion to structure an Offering Period so that if the Fair Market Value of a Share the Common Stock on any Purchase Date within an Offering Period is less than or equal to the Fair Market Value of the Common Stock on the first Trading Day of the that Offering Period, then (i) that Offering Period will terminate immediately as of that first Trading Day, and (ii) the Participants in which such terminated Offering Period will be automatically enrolled in a Participant is currently enrolled is higher than the Fair Market Value of a Share new Offering Period beginning on the first Trading Day of any subsequent Offering Period, the Company will automatically enroll such Participant in the subsequent new Purchase Period. The new Offering Period and will terminate his shall have a duration of twenty-four (24) months, unless a shorter or her participation in such original longer duration, subject to a maximum of twenty-seven (27) months, is established by the Committee within thirty (30) calendar days following the start date of the Offering Period. View More
Offering Periods. The Plan will be implemented by consecutive Offering Periods with a new Offering Period commencing on the first Trading Day of the relevant Offering Period and terminating on the last Trading Day Date of the relevant Offering Period. Unless and until the Administrator determines otherwise in its discretion, each Offering Period will shall consist of one (1) approximately six (6)-month Purchase Period, which will shall run simultaneously with the Offering Period. Unless otherwise provided by the ...Administrator, Offering Periods will run from June 1 (or the first Trading Day thereafter) through November 30 (or the last Trading Day prior to such date) and from December 1 (or the first Trading Day thereafter) through May 31 (or the last Trading Day prior to such date). The Administrator has will have the authority to establish additional or alternative sequential or overlapping Offering Periods, a different number of multiple Purchase Periods within an Offering Period, a different duration for one or more Offering Periods or Purchase Periods or different commencement or ending dates for such Offering Periods with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first Offering Period to be affected thereafter, provided, however, that no Offering Period may have a duration exceeding twenty-seven (27) months. To In addition, to the extent that the Administrator establishes additional or overlapping Offering Periods with a more than one Purchase Price based (in part) on the Fair Market Value of a Share on the first Trading Day of an Period in each Offering Period, the Administrator will have the discretion to structure an Offering Period so that if the Fair Market Value of a Share the shares of Common Stock on the first Trading Day of the a new Purchase Period within that Offering Period in which a Participant is currently enrolled is higher less than or equal to the Fair Market Value of a Share the shares of Common Stock on the first Trading Day of any subsequent that Offering Period, the Company will automatically enroll such Participant in the subsequent then (i) that Offering Period and will terminate his or her participation immediately as of that first Trading Day, and (ii) the Participating Employees in such original terminated Offering Period will be automatically enrolled in a new Offering Period beginning on the first Trading Day of such new Purchase Period. View More
Offering Periods. The Plan will be implemented by consecutive Offering Periods with a new Offering Period commencing on the first Trading Day of the relevant Offering Period and terminating on the last Trading Day of the relevant Offering Period. Unless and until the Administrator Committee determines otherwise in its discretion, each Offering Period will consist of one (1) approximately six (6)-month Purchase Period, which will run simultaneously with the Offering Period. Unless otherwise provided by the Adminis...trator, Committee, Offering Periods will run from November 15 (or the first Trading Day thereafter) through June 1 14 (or the first Trading Day prior to such date) and from June 15 (or the first Trading Day thereafter) through November 30 (or the last Trading Day prior to such date) and from December 1 14 (or the first Trading Day thereafter) through May 31 (or the last Trading Day prior to such date). The Administrator Committee has authority to establish additional or alternative sequential or overlapping Offering Periods, a different number of Purchase Periods within an Offering Period, a different duration for one or more Offering Periods or Purchase Periods or different commencement or ending dates for such Offering Periods with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first Offering Period to be affected thereafter, provided, however, that no Offering Period may have a duration exceeding twenty-seven (27) months. To the extent that the Administrator Committee establishes additional or overlapping Offering Periods with a more than one Purchase Price based (in part) on the Fair Market Value of a Share on the first Trading Day of an Period in each Offering Period, the Administrator Committee will have the discretion to structure an Offering Period so that if the Fair Market Value of the Common Stock on any Purchase Date within an Offering Period is less than the Fair Market Value of the Common Stock on the first Trading Day of that Offering Period, then (i) that Offering Period will terminate immediately following such Purchase Date, and (ii) the Participants in such terminated Offering Period will be automatically enrolled in a Share new Offering Period beginning on the first Trading Day of the Offering Period in which a Participant is currently enrolled is higher than the Fair Market Value of a Share on the first Trading Day of any subsequent Offering Period, the Company will automatically enroll such Participant in the subsequent Offering Period and will terminate his or her participation in such original Offering new Purchase Period. View More
Offering Periods. The Plan will be implemented by consecutive Offering Periods with a new Offering Period commencing on the first Trading Day of the relevant Offering Period and terminating on the last Trading Day of the relevant Offering Period. Unless and until the Administrator Committee determines otherwise in its discretion, each Offering Period will consist of one (1) approximately six (6)-month Purchase Period, which will run simultaneously with the Offering Period. Unless otherwise provided by the Adminis...trator, Committee, Offering Periods will run from June 1 February 1st (or the first Trading Day thereafter) through November 30 July 31st (or the last first Trading Day prior to such date) and from December 1 August 1st (or the first Trading Day thereafter) through May 31 January 31st (or the last first Trading Day prior to such date). The Administrator Committee has authority to establish additional or alternative sequential or overlapping Offering Periods, a different number of Purchase Periods within an Offering Period, a different duration for one or more Offering Periods or Purchase Periods or different commencement or ending dates for such Offering Periods with respect to future offerings without stockholder approval if such change is announced prior to the scheduled beginning of the first Offering Period to be affected thereafter, provided, however, that no Offering Period may have a duration exceeding twenty-seven (27) months. To the extent that the Administrator Committee establishes additional or overlapping Offering Periods with a Purchase Price based (in part) on Periods, the Fair Market Value of a Share on the first Trading Day of an Offering Period, the Administrator Committee will have discretion to structure an Offering Period so that if the Fair Market Value of a Share share of Common Stock on the first Trading Day of the Offering Period in which a Participant is currently enrolled is higher than the Fair Market Value of a Share share of Common Stock on the first Trading Day of any subsequent Offering Period, the Company will automatically enroll such Participant in the subsequent Offering Period and will terminate his or her participation in such original Offering Period. View More
