Examples of ESPP Participants in a sentence
The Corporation will credit an ESPP Participant's ESP Account with notional grants of Common Shares for each quarterly period in an amount equal to the quotient obtained when (i) the aggregate contribution then held by the Corporation in trust for an ESPP Participant at the end of each quarterly period, is divided by (ii) the "Market Value" of the Common Shares as at the end of each quarterly period.
Common Shares issued to ESPP Participants under the ESP Plan may be made subject to any holding period as deemed appropriate or as required under applicable securities laws.
The ESPP Participant Contribution, as determined by the ESPP Participant, shall be a minimum of $250 per month and must not exceed 15% of the ESPP Participant's base annual salary (before deductions).
Such direction will remain effective until: (i) the ESPP Participant's employment is terminated (as described more fully below), (ii) the ESPP Participant's Retirement (as defined in the ESP Plan), (iii) the ESPP Participant elects to withdraw from the ESP Plan by delivering a completed and executed "Withdrawal Form", or (iv) the Board terminates or suspends the ESP Plan, whichever is earlier.
For each quarterly period during a calendar year, the Corporation will credit (or notionally credit) each ESPP Participant's account (each, an " ESP Account") with an amount equal to 60% of the amount of the ESPP Participant Contribution (the "Corporation Contribution"), where the Corporation Contribution represents 37.5% of the overall contribution.
Upon the termination of an ESPP Participant's employment with the Company, a Division or Subsidiary, the ESPP Participant may not make ESPP Participant Contributions from lump-sum payments to him or her and no Company Contributions will be made with respect thereto.
Thus, subsequent experiments were conducted with 50 or more MTE and 15 min of irradiation.
Landlord reserves the right from time to time to make changes in the shape, size, location, amount and extent of the Common Area provided that no area located outside the Parcel shall be included within the Common Areas and provided that such changes do not adversely affect Tenant's access to or use of the Premises.
Notwithstanding the foregoing, in no event shall an ESPP Participant's Contribution exceed 25% of such ESPP Participant's Compensation for such pay period.
The Committee shall inform ESPP Participants of the name, address and telephone number of the Plan Administrator.