ESP Plan definition
Examples of ESP Plan in a sentence
Immediately prior to the Record Date, the ------------------- administrators of the ATL Employee Stock Purchase Plan (the "ATL ESP Plan") will adjust the length of the then current purchase period (as defined in the ATL ESP Plan) to end prior to the Record Date.
The purchase period will resume under the ATL ESP Plan on ______, 1998, or such other date determined by the administrators of the ATL ESP Plan.
You will not, in any event, however, be entitled to the severance payment described above if, at the time your employment terminates, your employment terminates as the result of your death, or you are entitled to payments under your Executive Severance Agreement described above, or to disability income payments under the Grace "LTD Plan" and/or "ESP Plan" mentioned below.
The Company will terminate the Company ESP Plan effective immediately following the termination of the current “Offering Period” (as such term is defined in the Company ESP Plan).
Schedule 4.5 of the Disclosure Schedule sets forth (i) the number and exercise price of all outstanding Options and (ii) the aggregate number of participants in, and the aggregate amount contributed (and not otherwise withdrawn) by such participants to, the Company ESP Plan in the current “Offering Period” (as such term is defined in the Company ESP Plan), each calculated as of May 21, 2004.