Optional Cash Investment definition

Optional Cash Investment means any additional cash payment made by a Participant to the Company for the purchase of shares of the Company's Common Stock under the Plan. Optional Cash Investments may not (a) equal less than $50 each or (b) total more than $10,000 in any month.
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Optional Cash Investment means any additional cash payment made by a Participant for the purchase of shares of the Company’s Common Stock under the Plan. Optional Cash Investments may not (a) equal less than $50 each or (b) total more than $10,000 per transaction, nor exceed $100,000 per Participant in any calendar year.
Sample 1Sample 2
Optional Cash Investment means any additional cash payment made by a Participant for the purchase of shares of the Company’s Common Stock under the Plan. Optional Cash Investments may not (a) equal less than $50 each or (b) total more than $100,000 in any calendar year; provided however, that employees of the Company and any of its affiliates who elect to invest thorough payroll deductions (when and if the Company offers the payroll deduction option to such employees) may make an optional investment of at least $25.
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Examples of Optional Cash Investment in a sentence

  • Any Initial or Optional Cash Investment, or portion thereof, that is rejected by the Plan Administrator or the Company will be returned to the Participant as promptly as practical after the Plan Administrator or the Company elects to reject such investments.

  • To be effective with respect to a particular Optional Cash Investment Date, completed forms must be received by the Agent at least twenty-five (25) days prior to that Optional Cash Investment Date.

  • Optional cash payments will be invested as of the next Optional Cash Investment Date (or as soon as practicable thereafter) if the payment is received by the Agent at least five (5) business days prior to said Optional Cash Investment Date.

  • Optional Cash Investment Dates are normally the fifteenth (15th) day of each month.

  • To be effective with respect to a particular Investment Date, the Automatic Deduction Form or termination notice must be received by the Agent no later than ten (10) days prior to said Optional Cash Investment Date.

  • You may obtain an Optional Cash Investment form by accessing your account online at www.astfinancial.com or by calling the Plan Administrator.

  • In addition, the Company will return a pro rata portion of each Initial or Optional Cash Investment made pursuant to an approved Request for Waiver for each Trading Day of a Pricing Period for which the Threshold Price is not met or for each day in which no trades of common stock are reported on the Exchange as soon as reasonably practical after the Pricing Period, without interest.

  • Once automatic monthly deductions commence, funds in the amount elected by the Participant will be drawn from the Participant's designated bank account on or about the tenth (10th) business day preceding the Optional Cash Investment Date and will be invested in Common Stock beginning on that Optional Cash Investment Date.

  • If notice of said withdrawal is received by the Agent less than fifteen (15) days prior to an Optional Cash Investment Date but at least forty-eight (48) hours prior to said Optional Cash Investment Date, any optional cash payments received prior to receipt of such request will be returned to the Participant.

  • Existing Shareholders and interested new investors who are not Shareholders are eligible to participate in the Plan and may do so by enrolling on-line over the Internet or by completing the Enrollment Form and returning it to the Plan Administrator, together with an Initial Cash Investment or an Optional Cash Investment, as the case may be.

Related to Optional Cash Investment

  • Net Cash Proceeds with respect to any issuance or sale of Capital Stock, means the cash proceeds of such issuance or sale net of attorneys' fees, accountants' fees, underwriters' or placement agents' fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.

  • Unrestricted Cash and Cash Equivalents means, as of any date of determination, the sum of the aggregate amount of Cash and Cash Equivalents (valued at fair market value) which is Unrestricted. As used in this definition, “Unrestricted” means the specified asset is not subject to any escrow, cash trap, reserves, Liens (other Liens permitted under Section 10.5) or claims of any kind in favor of any Person.