Withdrawal Clause Example with 66 Variations from Business Contracts

Withdrawal. (a)A (a) A Participant may withdraw all but not less than all the Contributions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company's stock administration office (or its designee) a written notice of withdrawal in the form determined by the Administrator for such purpose (which may be similar to the form attached hereto as Exhibit B), or (ii) following an electronic or other withdrawal procedure determined by t...he Administrator. All of the Participant's Contributions credited to his or her account will be paid to such Participant promptly after receipt of notice of withdrawal and such Participant's option for the Offering Period will be automatically terminated, and no further Contributions for the purchase of shares will be made for such Offering Period. If a Participant withdraws from an Offering Period, Contributions will not resume at the beginning of the succeeding Offering Period, unless the Participant re-enrolls in the Plan in accordance with the provisions of Section 5. (b)A 4. (b) A Participant's withdrawal from an Offering Period will not have any effect upon his or her eligibility to participate in any similar plan that may hereafter be adopted by the Company or in succeeding Offering Periods that commence after the termination of the Offering Period from which the Participant withdraws. 5 10. Termination of Employment. Upon a Participant's ceasing to be an Eligible Employee, for any reason, he or she will be deemed to have elected to withdraw from the Plan and the Contributions credited to such Participant's account during the Offering Period but not yet used to purchase shares of Common Stock under the Plan will be returned to such Participant or, in the case of his or her death, to the person or persons entitled thereto under Section 14, and such Participant's option will be automatically terminated. Unless determined otherwise by the Administrator in a manner that, with respect to an Offering under the 423 Component, is permitted by, and compliant with, Section 423 of the Code, a Participant whose employment transfers between entities through a termination with an immediate rehire (with no break in service) by the Company or a Designated Company shall not be treated as terminated under the Plan; however, no Participant shall be deemed to switch from an Offering under the Non-423 Component to an Offering under the 423 Component or vice versa unless (and then only to the extent) such switch would not cause the 423 Component or any Option thereunder to fail to comply with Section 423 of the Code. View More

Withdrawal. (a)A Participant (a) A participant may withdraw all but not less than all the Contributions payroll deductions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting prior to the Company's stock administration office (or its designee) a Exercise Date for an Offering Period by giving written notice of withdrawal to the Company in the form determined by the Administrator for such purpose (which may be similar of Exhibit B to the f...orm attached hereto as Exhibit B), or (ii) following an electronic or other withdrawal procedure determined by the Administrator. this Plan. All of the Participant's Contributions participant's payroll deductions credited to his or her account will shall be paid to such Participant participant promptly after receipt of notice of withdrawal and such Participant's participant's option for the Offering Period will shall be automatically terminated, and no further Contributions payroll deductions for the purchase of shares will shall be made for such Offering Period. If a Participant participant withdraws from an Offering Period, Contributions will payroll deductions shall not resume at the beginning of the succeeding Offering Period, Period unless the Participant re-enrolls in participant delivers to the Plan in accordance with the provisions of Section 5. (b)A Participant's Company a new subscription agreement. (b) A participant's withdrawal from an Offering Period will shall not have any effect upon his or her eligibility to participate in any similar plan that may hereafter be adopted by the Company or in succeeding Offering Periods that which commence after the termination of the Offering Period from which the Participant participant withdraws. View More

Withdrawal. (a)A (a) A Participant may withdraw all but not less than all the Contributions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company's stock administration office (or its designee) a written notice of withdrawal in the form determined by the Administrator for such purpose (which may be similar to the form attached hereto as Exhibit B), or (ii) following an electronic or other withdrawal procedure determined by t...he Administrator. All of the Participant's Contributions credited to his or her account will be paid to such Participant promptly after receipt of notice of withdrawal and such Participant's option for the Offering Period will be automatically terminated, and no further Contributions for the purchase of shares will be made for such Offering Period. If a Participant withdraws from an Offering Period, Contributions will not resume at the beginning of the succeeding Offering Period, unless the Participant re-enrolls in the Plan in accordance with the provisions of Section 5. (b)A (b) A Participant's withdrawal from an Offering Period will not have any effect upon his or her eligibility to participate in any similar plan that may hereafter be adopted by the Company or in succeeding Offering Periods that commence after the termination of the Offering Period from which the Participant withdraws. 11. Termination of Employment. Upon a Participant's ceasing to be an Eligible Employee for any reason, he or she will be deemed to have elected to withdraw from the Plan and the Contributions credited to such Participant's account during the Offering Period but not yet used to purchase shares of Common Stock under the Plan will be returned to such Participant or, in the case of his or her death, to the person or persons entitled thereto under Section 15, and such Participant's option will be automatically terminated. Unless determined otherwise by the Administrator in a manner that, with respect to an Offering under the 423 Component, is permitted by, and compliant with, Section 423 of the Code, a Participant whose employment transfers between entities through a termination with an immediate rehire (with no break in service) by the Company or a Designated Company shall not be treated as terminated under the Plan; however, no Participant shall be deemed to switch from an Offering under the Non-423 Component to an Offering under the 423 Component or vice versa unless (and then only to the extent) such switch would not cause the 423 Component or any option thereunder to fail to comply with Section 423 of the Code. View More

Withdrawal. (a)A (a) A Participant may withdraw all but not less than all the Contributions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company's stock administration office (or its designee) a written notice of withdrawal in the form determined by the Administrator for such purpose (which may be similar to the form attached hereto as Exhibit B), or (ii) following an electronic or other withdrawal procedure determined by t...he Administrator. Administrator from time to time. All of the Participant's Contributions credited to his or her account will will, at the discretion of the Administrator, (i) be retained in Participant's account and used to purchase shares of Common Stock at the next Exercise Date, or (ii) be paid to such Participant promptly as soon as reasonably practicable after receipt of notice of withdrawal and such Participant's option options for the Offering Period will shall be automatically terminated, terminated automatically, and no further Contributions payroll deductions or contributions for the purchase of shares will of Common Stock shall be made for such Offering Period. If a Participant withdraws from an Offering Period, Contributions will not resume at the beginning of the succeeding Offering Period, unless the Participant re-enrolls in the Plan in accordance with as prescribed by the provisions of Section 5. (b)A Administrator from time to time. (b) A Participant's withdrawal from an Offering Period will not have any effect upon his or her eligibility to participate in any similar plan that may hereafter be adopted by the Company or in succeeding Offering Periods that commence after the termination of the Offering Period from which the Participant withdraws. withdraws.8 11. Termination of Employment. Unless otherwise determined by the Administrator, upon a Participant's ceasing to be an Eligible Employee for any reason, he or she will be deemed to have elected to withdraw from the Plan and the Contributions credited to such Participant's account during the Offering Period but not yet used to purchase shares of Common Stock under the Plan will be returned to such Participant or, in the case of his or her death, to the person or persons entitled thereto under Section 15, and such Participant's option will be automatically terminated. Unless determined otherwise by the Administrator in a manner that is permitted by, and compliant with, Section 423 of the Code, a Participant whose employment transfers between entities through a termination with an immediate rehire (with no break in service) by the Company or a Designated Subsidiary or Designated Affiliate shall not be treated as terminated under the Plan. View More

Withdrawal. (a)A Participant (a) A participant may withdraw all but not less than all the Contributions payroll deductions or contributions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting giving notice to the Company's stock administration office (or its designee) a written notice of withdrawal Company in the form determined by the Administrator for such purpose (which may be similar to the form attached hereto as Exhibit B), or (ii)... following an electronic or other withdrawal procedure and manner determined by the Administrator. All of the Participant's Contributions participant's payroll deductions or contributions credited to his or her account will shall be paid to such Participant participant promptly after receipt of notice of withdrawal and such Participant's participant's option for the Offering Period will shall be automatically terminated, and no further Contributions payroll deductions or contributions for the purchase of shares will shall be made for such Offering Period. If a Participant participant withdraws from an Offering Period, Contributions will payroll deductions or contributions shall not resume at the beginning of the succeeding Offering Period, Period unless the Participant re-enrolls in participant delivers to the Plan in accordance with the provisions of Section 5. (b)A Participant's Company a new subscription agreement. 8 (b) A participant's withdrawal from an Offering Period will shall not have any effect upon his or her eligibility to participate in any similar plan that which may hereafter be adopted by the Company or in succeeding Offering Periods that which commence after the termination of the Offering Period from which the Participant participant withdraws. View More

Withdrawal. (a)A Participant may withdraw all but not less than all the Contributions payroll deductions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company's stock administration payroll office (or its designee) a written notice of withdrawal in the form determined prescribed by the Administrator Board for such purpose (which may be similar to the form attached hereto as Exhibit B), or (ii) following an electronic or othe...r withdrawal procedure determined prescribed by the Administrator. Board. All of the Participant's Contributions payroll deductions credited to his or her account will shall be paid to such Participant promptly after receipt of notice of withdrawal and such Participant's option for the Offering Period will shall be automatically terminated, and no further Contributions payroll deductions for the purchase of shares will shall be made for such Offering Period. If a 6 Participant withdraws from an Offering Period, Contributions will payroll deductions shall not resume at the beginning of the succeeding Offering Period, Period unless the Participant re-enrolls in the Plan in accordance with the provisions of Section 5. (b)A Participant's withdrawal from an Offering Period will shall not have any effect upon his or her eligibility to participate in any similar plan that which may hereafter be adopted by the Company or in succeeding Offering Periods that which commence after the termination of the Offering Period from which the Participant withdraws. View More

Withdrawal. (a)A (a) A Participant may withdraw all but not less than all the Contributions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company's stock administration office (or its designee) a written notice of withdrawal in the form determined by the Administrator for such purpose (which may be similar to the form attached hereto as Exhibit B), or (ii) following an electronic or other withdrawal procedure determined by t...he Administrator. The Administrator may set forth a deadline of when a withdrawal must occur to be effective prior to a given Exercise Date in accordance with policies it may approve from time to time. All of the Participant's Contributions credited to his or her account will be paid to such Participant promptly after receipt of notice of withdrawal and such Participant's option for the Offering Period will be automatically terminated, and no further Contributions for the purchase of shares will be made for such Offering Period. If a Participant withdraws from an Offering Period, Contributions will not resume at the beginning of the succeeding Offering Period, unless the Participant re-enrolls in the Plan in accordance with the provisions of Section 5. (b)A (b) A Participant's withdrawal from an Offering Period will not have any effect upon on his or her eligibility to participate in any similar plan that may hereafter be adopted by the Company or in succeeding Offering Periods that commence after the termination of the Offering Period from which the Participant withdraws. 11. Termination of Employment. Upon a Participant's ceasing to be an Eligible Employee, for any reason, he or she will be deemed to have elected to withdraw from the Plan and the Contributions credited to such Participant's account during the Offering Period but not yet used to purchase shares of Common Stock under the Plan will be returned to such Participant or, in the case of his or her death, to the person or persons entitled thereto under Section 15, and such Participant's option will be automatically terminated. Unless otherwise provided by the Administrator, a Participant whose employment transfers between entities through a termination with an immediate rehire (with no break in service) by the Company or a Designated Company will not be treated as terminated under the Plan; however, if a Participant transfers from an Offering under the 423 Component to the Non-423 Component, the exercise of the option will be qualified under the 423 Component only to the extent it complies with Section 423 of the Code, unless otherwise provided by the Administrator. View More

Withdrawal. (a)A Participant may withdraw all but not less than all the Contributions payroll deductions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company's stock administration payroll office (or its designee) a written notice of withdrawal in the form determined prescribed by the Administrator Board for such purpose (which may be similar to the form attached hereto as Exhibit B), or (ii) following an electronic or othe...r withdrawal procedure determined prescribed by the Administrator. Board. All of the Participant's Contributions payroll deductions credited to his or her account will shall be paid to such Participant promptly after receipt of notice of withdrawal and such Participant's option for the Offering Period will shall be automatically terminated, and no further Contributions payroll deductions for the purchase of shares will shall be made for such Offering Period. If a Participant withdraws from an Offering Period, Contributions will payroll deductions shall not resume at the beginning of the succeeding Offering Period, Period unless the Participant re-enrolls in the Plan in accordance with the provisions of Section 5. (b)A Participant's withdrawal from an Offering Period will shall not have any effect upon his or her eligibility to participate in any similar plan that which may hereafter be adopted by the Company or in succeeding Offering Periods that which commence after the termination of the Offering Period from which the Participant withdraws. View More

Withdrawal. (a)A (a) A Participant may withdraw all but not less than all the Contributions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company's stock administration office (or its designee) a written notice of withdrawal in the form determined by the Administrator for such purpose (which may be similar to the form attached hereto as Exhibit B), or (ii) following an electronic or other withdrawal procedure determined by t...he Administrator. All of the Participant's Contributions credited to his or her account will be paid to such Participant promptly after receipt of notice of withdrawal and such Participant's option for the Offering Period will be automatically terminated, and no further Contributions for the purchase of shares will be made for such Offering Period. If a Participant withdraws from an Offering Period, Contributions will not resume at the beginning of the succeeding Offering Period, unless the Participant re-enrolls in the Plan in accordance with the provisions of Section 5. (b)A (b) A Participant's withdrawal from an Offering Period will not have any effect upon his or her eligibility to participate in any similar plan that may hereafter be adopted by the Company or in succeeding Offering Periods that commence after the termination of the Offering Period from which the Participant withdraws. 10 11. Termination of Employment. Upon a Participant's ceasing to be an Eligible Employee for any reason, he or she will be deemed to have elected to withdraw from the Plan and the Contributions credited to such Participant's account during the Offering Period but not yet used to purchase shares of Common Stock under the Plan will be returned to such Participant or, in the case of his or her death, to the person or persons entitled thereto under Section 15, and such Participant's option will be automatically terminated. A Participant whose employment transfers between entities through a termination with an immediate rehire (with no break in service) by the Company or a Designated Company will not be treated as terminated under the Plan; however, if a Participant transfers from an Offering under the 423 Component to the Non-423 Component, the exercise of the option will be qualified under the 423 Component only to the extent it complies with Section 423 of the Code. View More

Withdrawal. (a)A Participant (a) Under procedures established by the Administrator, a participant may withdraw all but not less than all the Contributions payroll deductions credited to his or her account and not yet used to exercise his or her option under the Plan at any time by (i) submitting to the Company's stock administration payroll office (or its designee) a written notice of withdrawal in the form determined prescribed by the Administrator for such purpose (which may be similar to the form attache...d hereto as Exhibit B), purpose, or (ii) following an electronic or other withdrawal procedure determined prescribed by the Administrator. All of the Participant's Contributions participant's payroll deductions credited to his or her account will shall be paid to such Participant participant as promptly as practicable after receipt the effective date of notice of his or her withdrawal and such Participant's participant's option for the Offering Period will shall be automatically terminated, and no further Contributions payroll deductions for the purchase of shares will shall be made for such Offering Period. If a Participant participant withdraws from an Offering Period, Contributions will payroll deductions shall not resume at the beginning of the succeeding Offering Period, Period unless the Participant participant re-enrolls in the Plan in accordance with the provisions of Section 5. (b)A Participant's (b) A participant's withdrawal from an Offering Period will shall not have any effect upon his or her eligibility to participate in any similar plan that which may hereafter be adopted by the Company or in succeeding Offering Periods that which commence after the termination of the Offering Period from which the Participant participant withdraws. View More