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ATVI » Topics » (e) Applicable Offering Period. For purposes of this Plan the applicable Offering Period shall be determined as follows:

These excerpts taken from the ATVI 8-K filed Oct 23, 2006.

(e)           Applicable Offering Period.  For purposes of this Plan the applicable Offering Period shall be determined as follows:

(i)            Once a Participant is enrolled in the Plan for an Offering Period, such Offering Period shall continue to apply to him or her until the earliest of (A) the end of such Offering Period or (B) the end of his or her participation under subsection (d) above.

(ii)           When a Participant reaches the end of an Offering Period (the “Current Offering Period”) but his or her participation is to continue, then such Participant shall automatically be re-enrolled for the Offering Period that commences immediately after the end of such Current Offering Period.

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(f)            Grant of Option on Enrollment.  Enrollment by an Eligible Employee in the Plan with respect to an Offering Period will constitute the grant (as of the Offering Date for such Offering Period) by the Company to such Eligible Employee of an option (an “Option”) to purchase on each Purchase Date up to that number of shares of Stock of the Company determined under Section 8(c).

(e)           Applicable Offering Period.  For purposes of this Plan the applicable Offering Period shall be determined as follows:

(i)            Once a Participant is enrolled in the Plan for an Offering Period, such Offering Period shall continue to apply to him or her until the earliest of (A) the end of such Offering Period or (B) the end of his or her participation under subsection (d) above.

(ii)           When a Participant reaches the end of an Offering Period (the “Current Offering Period”) but his or her participation is to continue, then such Participant shall automatically be re-enrolled for the Offering Period that commences immediately after the end of such Current Offering Period.

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(f)            Grant of Option on Enrollment.  Enrollment by an Eligible Employee in the Plan with respect to an Offering Period will constitute the grant (as of the Offering Date for such Offering Period) by the Company to such Eligible Employee of an option (an “Option”) to purchase on each Purchase Date up to that number of shares of Stock of the Company determined under Section 8(c).

EXCERPTS ON THIS PAGE:

8-K (2 sections)
Oct 23, 2006

RELATED TOPICS for ATVI:

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