Offerings Clause Example from Business Contracts

This example Offerings clause appears in 2 contracts from 2 companies

Offerings. The Company may make one or more offerings to eligible employees to purchase Shares under the Plan ("Offerings"). The Administrator shall determine when the initial Offering under the Plan shall commence and the length of any Offering. The Administrator may, in its discretion, designate a different period for any Offering, provided that, with respect to the 423 Component, no Offering shall exceed 27 months in duration.