Purchase Price Clause Example from Business Contracts

This example Purchase Price clause appears in 3 contracts from 1 company

Purchase Price. The Purchase Price at which each share of Stock may be acquired in an Offering Period upon the exercise of all or any portion of a Purchase Right shall be established by the Board; provided, however, that the Purchase Price shall not be less than eighty-five percent (85%) of the lesser of (a) the Fair Market Value of a share of Stock on the Offering Date of the Offering Period or (b) the Fair Market Value of a share of Stock on the Purchase Date. Unless otherwise provided by the Board prior to t...he commencement of an Offering Period, the Purchase Price for that Offering Period shall be eighty-five percent (85%) of the lesser of (a) the Fair Market Value of a share of Stock on the Offering Date of the Offering Period or (b) the Fair Market Value of a share of Stock on the Purchase Date. View More Arrow
Found in Adobe contract
Adobe Contracts

2020 Employee Stock Purchase Plan, as amended (Filed With SEC on January 15, 2021)

ADOBE SYSTEMS INCORPORATED 1997 EMPLOYEE STOCK PURCHASE PLAN (as amended as of May 9, 2016) (Filed With SEC on June 29, 2016)

ADOBE SYSTEMS INCORPORATED 1997 EMPLOYEE STOCK PURCHASE PLAN (as amended as of June 22, 2015) (Filed With SEC on June 24, 2015)