Participation Clause Example from Business Contracts

This example Participation clause appears in 17 contracts from 14 companies

Participation. An employee eligible on the Offering Commencement Date of any Offering may participate in such Offering by completing and forwarding either a written or electronic payroll deduction authorization form to the employee's appropriate payroll office at least 15 days (or such other number of days as is determined by the Company) prior to the applicable Offering Commencement Date. The form will authorize a regular payroll deduction from the Compensation received by the employee during the Plan Period.... Unless an employee files a new form or withdraws from the Plan, his or her deductions and purchases will continue at the same rate for future Offerings under the Plan as long as the Plan remains in effect. The term "Compensation" means the amount of money reportable on the employee's Federal Income Tax Withholding Statement (or analogous non-U.S. statement), excluding overtime, shift premium, incentive or bonus awards, allowances and reimbursements for expenses such as relocation allowances for travel expenses, income or gains associated with the grant or vesting of restricted stock, income or gains on the exercise of Company stock options or stock appreciation rights, and similar items, whether or not shown or separately identified on the employee's Federal Income Tax Withholding Statement (or analogous non-U.S. statement), but including, in the case of salespersons, sales commissions to the extent determined by the Board or the Committee. View More
IMARA Inc. Contracts

2020 Employee Stock Purchase Plan (Filed With SEC on March 3, 2020)

2020 Employee Stock Purchase Plan (Filed With SEC on February 14, 2020)

Dyne Therapeutics, Inc. Contracts

2020 Employee Stock Purchase Plan (Filed With SEC on August 25, 2020)

2020 Employee Stock Purchase Plan (Filed With SEC on September 10, 2020)

Decibel Therapeutics, Inc. Contracts

2021 Employee Stock Purchase Plan (Filed With SEC on January 22, 2021)

2021 Employee Stock Purchase Plan (Filed With SEC on February 8, 2021)

Cue Health Inc. Contracts

2021 Employee Stock Purchase Plan (Filed With SEC on September 15, 2021)

ARVINAS, INC. Contracts

2018 Employee Stock Purchase Plan (Filed With SEC on September 14, 2018)