Grouped Into 2 Collections of Similar Clauses From Business Contracts
This page contains Participation in This Plan clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
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 at a contribution level equal to fifteen percent (15%). Notwithstanding the foregoing, an eligible employee may elect to decrease his or her contribution rate for the initial Offering Period under the Plan by delivering a subscription agreement to the Company and/or by affecting such dec...rease through an authorized third party administrator (the "Third Party Administrator"), within thirty (30) days after the filing of an effective registration statement pursuant to Form S-8, or such longer time as may be determined by the Committee. (b) With respect to Offering Periods after the initial Offering Period, an eligible employee determined in accordance with Section 4 may elect to become a Participant by submitting a subscription agreement, or electronic representation thereof, to the Company and/or via the Third Party Administrator's standard process, prior to the commencement of the Offering Period to which such agreement relates in accordance with such rules as the Committee may determine. (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 at the same contribution level 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 or otherwise notifies the Company of a change in the Participant's contribution letter by filing an additional subscription agreement or electronic representation thereof with the Company and/or the Third Party Administrator, prior to the next Offering Period. A Participant that is automatically enrolled in a subsequent Offering Period pursuant to this section is not required to file any additional subscription agreement in order to continue participation in this Plan. A Participant who is not automatically enrolled pursuant to this section is required to file a subscription agreement prior to the commencement of an Offering Period (or such earlier date as the Committee may determine) to which such agreement relates.View More
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 at a contribution level equal for the maximum number of shares of Common Stock purchasable. With respect to fifteen percent (15%). Notwithstanding the foregoing, an subsequent Offering Periods, any eligible employee may elect determined in accordance with Section 4 will be eligible to de...crease his or her contribution rate for the initial Offering Period under the Plan by delivering a subscription agreement participate in this Plan, subject to the Company and/or by affecting such decrease through an authorized third party administrator (the "Third Party Administrator"), within thirty (30) days after requirement of Section 6(b) hereof and the filing other terms and provisions of an effective registration statement pursuant to Form S-8, or such longer time as may be determined by the Committee. this Plan. (b) With respect to Offering Periods after the initial Offering Period, an eligible employee determined in accordance with Section 4 a Participant may elect to become a Participant participate in this Plan by submitting a subscription agreement, or electronic representation thereof, to the Company and/or via the Third Party Administrator's standard process, 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 in accordance with such rules as the Committee may determine. 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 at the same contribution level 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 or otherwise notifies the Company of a change in the Participant's contribution letter by filing an additional subscription agreement or electronic representation thereof with the Company and/or the Third Party Administrator, prior below. A Participant who is continuing participation pursuant to the next Offering Period. A Participant that is automatically enrolled in a subsequent Offering Period pursuant to this section preceding sentence is not required to file any additional subscription enrollment agreement in order to continue participation in this Plan. A Plan; a Participant who is not automatically enrolled continuing participation pursuant to this section the preceding sentence is required to file a subscription an enrollment agreement prior to the commencement of an the Offering Period (or such earlier date as the Committee may determine) to which such agreement relates. View More
Participation in This Plan. (a) Enrollment. 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 at a contribution level equal to fifteen percent (15%). Notwithstanding the foregoing, an eligible employee may elect to decrease his or her contribution rate for the initial Offering Period under the Plan by delivering a subscription agreement to the Company and/or by affect...ing such decrease through an authorized third party administrator (the "Third Party Administrator"), within thirty (30) days after the filing of an effective registration statement pursuant to Form S-8, or such longer time as may be determined by the Committee. (b) With respect to Offering Periods after the initial Offering Period, an eligible employee determined in accordance with Section 4 may elect to become a Participant by submitting a subscription agreement, or electronic representation thereof, to the Company and/or via the Third an authorized third party administrator (the "Third Party Administrator's Administrator")'s standard process, prior to the commencement of the Offering Period to which such agreement relates in accordance with such rules as the Committee may determine. (c) (b) 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 such prior Offering Period at the same contribution level unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an the Offering Period as set forth in Section 11 below or otherwise notifies the Company of a change in the Participant's contribution letter level by filing an additional subscription agreement or electronic representation thereof with the Company and/or the Third Party Administrator, prior to the next Offering Period. A Participant that is automatically enrolled in a subsequent Offering Period pursuant to this section (i) is not required to file any additional subscription agreement in order to continue participation in this Plan. A Participant who is not automatically enrolled pursuant Plan, and (ii) will be deemed to this section is required to file a have accepted the terms and conditions of the Plan, any sub-plan, and subscription agreement prior to in effect at the commencement of an time each subsequent Offering Period (or such earlier date as begins, subject to Participant's right to withdraw from the Committee may determine) to which such agreement relates. Plan in accordance with the withdrawal procedures in effect at the time. View More
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 at a contribution level equal to 3 fifteen percent (15%). (15%) of Compensation. Notwithstanding the foregoing, an eligible employee may elect once to decrease his or her contribution rate for the initial Initial Offering Period unde...r the Plan by delivering a subscription agreement to the Company and/or by affecting such decrease through an authorized third party administrator (the "Third Party Administrator"), within thirty (30) days after the filing of 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 Offering Periods after the initial Initial Offering Period, an eligible employee determined in accordance with Section 4 may elect to become a Participant by submitting a subscription agreement, or electronic representation thereof, to the Company and/or via the Third Party Administrator's standard process, prior to the commencement of the Offering Period to which such agreement relates in accordance with such rules as the Committee may determine. A Participant that is automatically enrolled in the Initial Offering Period pursuant to this section is required to file a subscription agreement, or electronic representation thereof, to the Company and/or a Third Party Administrator in order to continue participation in this Plan with respect to the Offering Period immediately following the Initial Offering Period. (c) Once Continued Enrollment in Offering Periods. Except as provided pursuant to Sections 6(a) or (b) above with respect to a Participant who is automatically enrolled in the Initial Offering Period, 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 such prior Offering Period at the same contribution level unless the Participant withdraws or is deemed to withdraw from this Plan or terminates further participation in an the Offering Period as set forth in Section 11 below or otherwise notifies the Company of a change in the Participant's contribution letter level by filing an additional subscription agreement or electronic representation thereof with the Company and/or the Third Party Administrator, prior to the next Offering Period. A Participant that is automatically enrolled in a subsequent Offering Period pursuant to this section (i) is not required to file any additional subscription agreement in order to continue participation in this Plan. A Participant who is not automatically enrolled pursuant Plan and (ii) will be deemed to this section is required to file a have accepted the terms and conditions of the Plan, any sub-plan and subscription agreement prior to in effect at the commencement of an time each subsequent Offering Period (or such earlier date as begins, subject to Participant's right to withdraw from the Committee may determine) to which such agreement relates. Plan in accordance with the withdrawal procedures in effect at the time. View More
Participation in This Plan. Eligible employees may become participants in an Offering Period under this Plan on the Offering Date, after satisfying the eligibility requirements, by delivering a subscription agreement to the Company prior to such Offering Date, or such other time period as specified by the Committee. An eligible employee who does not deliver a subscription agreement to the Company after becoming eligible to participate in an Offering Period shall not participate in that Offering Period or any subsequent Off...ering Period unless such employee enrolls in this Plan by filing a subscription agreement with the Company prior to such Offering Period, or such other time period as specified by the Committee. Once an employee becomes a participant in an Offering Period by filing a subscription agreement, such employee shall automatically participate in the Offering Period commencing immediately following the last day of the prior Offering Period unless the employee withdraws or is deemed to withdraw from this Plan or terminates further participation in the Offering Period as set forth in Section 12 below. Such participant is not required to file any additional subscription agreement in order to continue participation in this Plan.View More
Participation in This Plan. Eligible employees may become participants in an Offering Period under this Plan on the Offering Date, after satisfying the eligibility requirements, requirements and by delivering a subscription agreement to the Company prior to the commencement of such Offering Date, or Period (or such other time period as may be specified by the Committee. An eligible employee who does not deliver a subscription agreement to Company or the Company after becoming eligible to participate in an Offering Period s...hall not participate in that Offering Period or any subsequent Offering Period unless such employee enrolls in this Plan by filing a subscription agreement with the Company prior to such Offering Period, or such other time period as specified by the Committee. Committee). Once an employee becomes a participant in an Offering Period by filing a subscription agreement, such employee shall will automatically participate in the Offering Period commencing immediately following the last day of the prior Offering Period unless the employee withdraws or is deemed to withdraw from this Plan or terminates further participation in the Offering Period as set forth in Section 12 below. participation. Such participant is not required to file any additional subscription agreement in order to continue participation in this Plan. View More
