EX-10.1
from 10-Q
23 pages
Purpose. the Purpose of the Plan Is to Provide Employees of the Company and Its Designated Companies With an Opportunity to Purchase Common Stock Through Accumulated Contributions. the Company Intends for the Plan to Have Two Components: A Component That Is Intended to Qualify as an “Employee Stock Purchase Plan” Under Code Section 423 (The “423 Component”) and a Component That Is Not Intended to Qualify as an “Employee Stock Purchase Plan” Under Code Section 423 (The “Non-423 Component”). the Provisions of the 423 Component Will Be Administered, Interpreted and Construed So That All Eligible Employees Have Equal Rights and Privileges on a Uniform and Nondiscriminatory Basis So That the 423 Component Qualifies as an “Employee Stock Purchase Plan” Under Code Section 423. the Provisions of the Non-423 Component Will Be Granted Pursuant to Rules, Procedures, or Sub-Plans Adopted by the Administrator Designed to Achieve Tax, Securities Laws, or Other Objectives for Eligible Employees and the Company. Except as Otherwise Determined by the Administrator With Respect to a Particular Offering or as Provided Herein, the Non-423 Component Will Operate and Be Administered in the Same Manner as the 423 Component. 2. Definitions. (A) “Administrator” Means the Board or Any Committee Designated by the Board to Administer the Plan Pursuant to Section 14. (B) “Affiliate” Means Any Entity, Other Than a Subsidiary, in Which the Company Has an Equity or Other Ownership Interest
12/34/56