Return of Payroll Deductions Clause Example from Business Contracts
This example Return of Payroll Deductions clause appears in 2 contracts from 2 companies
Return of Payroll Deductions. In the event a Participant's interest in this Plan is terminated by withdrawal, termination of employment or otherwise, or in the event this Plan is terminated by the Board, the Company shall deliver to the Participant all accumulated payroll deductions credited to such Participant's account. No interest shall accrue on the payroll deductions of a Participant in this Plan.
Found in
AMYRIS, INC. contract
AMYRIS, INC. Contracts
2010 Employee Stock Purchase Plan, as amended, and form of subscription agreement thereunder (Filed With SEC on August 14, 2018)