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This excerpt taken from the AAPL 8-K filed May 16, 2007. Automatic Re-Enrollment. Following the end of each Offering Period, each
Participant shall be automatically re-enrolled in the next Offering Period at
the applicable rate of payroll deductions in effect on the last Trading Day of
the prior Offering Period or otherwise as provided under Section 8, unless
the Participant has elected to withdraw from the Plan in accordance with
Section 9, the Participants employment terminates or the Participant is
otherwise ineligible to participate in the next Offering Period. Notwithstanding
the foregoing, the Administrator may require current Participants to complete
and submit a new enrollment agreement at any time it deems necessary or
desirable to facilitate Plan administration or for any other reason.
8. This excerpt taken from the AAPL DEF 14A filed Apr 16, 2007. Automatic Re-Enrollment. Following
the end of each Offering Period, each Participant shall be automatically
re-enrolled in the next Offering Period at the applicable rate of payroll
deductions in effect on the last Trading Day of the prior Offering Period or
otherwise as provided under Section 8, unless the Participant has elected
to withdraw from the Plan in accordance with Section 9, the Participants
employment terminates or the Participant is otherwise ineligible to participate
in the next Offering Period. Notwithstanding the foregoing, the Administrator
may require current Participants to complete and submit a new enrollment
agreement at any time it deems necessary or desirable to facilitate Plan
administration or for any other reason.
8. | EXCERPTS ON THIS PAGE:
RELATED TOPICS for AAPL: |
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