EX-10.1
from 10-Q
25 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, Accordingly, Will Be Construed So as to Extend and Limit Plan Participation in a Uniform and Nondiscriminatory Basis Consistent With the Requirements of Code Section 423. in Addition, This Plan Authorizes the Grant of an Option to Purchase Shares of Common Stock Under the Non‑423 Component That Does Not Qualify as an “Employee Stock Purchase Plan” Under Code Section 423; an Option Granted Under the Non‑423 Component Will Provide for Substantially the Same Benefits as an Option Granted Under the 423 Component, Except That a Non‑423 Component Option May Include Features Necessary to Comply With Applicable NON‑U.S. Laws Pursuant to Rules, Procedures or Sub‑plans Adopted by the Administrator. Except as Otherwise Provided Herein or by the Administrator, the Non‑423 Component Will Operate and Be Administered in the Same Manner as the 423 Component. 2. Definitions. 2.1 “Administrator” Means the Board or Any Committee Designated by the Board to Administer the Plan Pursuant to Section 4. 2.2
12/34/56
