Return of Payroll Deductions Clause Example from Business Contracts

This example Return of Payroll Deductions clause appears in 2 contracts from 1 company

Return of Payroll Deductions. In the event a Participant's interest in the Plan is terminated by withdrawal, termination of employment or otherwise, or in the event the Plan is terminated, the Company shall promptly deliver to the Participant all payroll deductions credited to such Participant's account. No interest shall accrue on the payroll deductions of a Participant in the Plan.
Found in Intuit contract
Intuit Contracts

Intuit Inc. Employee Stock Purchase Plan, as amended through January 19, 2022 (Filed With SEC on March 2, 2022)

Intuit Inc. Employee Stock Purchase Plan, as amended (Filed With SEC on February 23, 2023)