|
|
 | | | |
- close
- close
- close
- close
These excerpts taken from the BP F-3ASR filed Dec 1, 2008. Section 3.1 Initial Cash Investments and Optional Cash Investments
On each Investment Date, the Administrator shall, or if it is not an Independent Agent shall cause an Independent Agent to, purchase in the Open Market the whole number of ADS Shares equal to (a) the amount of Initial Cash Investment funds and/or Optional Cash Investment funds received by the Administrator from Participants for investment on the relevant Investment Date, minus any Ineligible Funds and any applicable fees, divided by (b) the Market Purchase Price for the relevant Investment Date.
The Administrator shall credit to the Plan Account of each investing Participant for such Investment Date the Participant’s proportionate interest in the ADS Shares so purchased. The
total cost incurred by the Plan Account for this purchase will be the Market Purchase Price multiplied by the number of ADS Shares so credited.
Section 3.1 Initial Cash Investments and Optional Cash Investments On each Investment Date, the Administrator shall, or if it is not an Independent Agent shall cause an Independent Agent to, purchase in the Open Market the whole number of ADS Shares equal to (a) the amount of Initial Cash Investment funds and/or Optional Cash Investment funds received by the Administrator from Participants for investment on the relevant Investment Date, minus any Ineligible Funds and
The Administrator shall credit to the Plan Account of each investing Participant for such Investment Date the Participant’s proportionate interest in the ADS Shares so purchased. The
total cost incurred by the Plan Account for this purchase will be the Market Purchase Price multiplied by the number of ADS Shares so credited.
These excerpts taken from the BP F-3 filed Nov 18, 2008. Section 3.1 Initial Cash Investments and Optional Cash Investments
On each Investment Date, the Administrator shall, or if it is not an Independent Agent shall cause an Independent Agent to, purchase in the Open Market the whole number of ADS Shares equal to (a) the amount of Initial Cash Investment funds and/or Optional Cash Investment funds received by the Administrator from Participants for investment on the relevant Investment Date, minus any Ineligible Funds and any applicable fees, divided by (b) the Market Purchase Price for the relevant Investment Date.
The Administrator shall credit to the Plan Account of each investing Participant for such Investment Date the Participant’s proportionate interest in the ADS Shares so purchased. The
total cost incurred by the Plan Account for this purchase will be the Market Purchase Price multiplied by the number of ADS Shares so credited.
Section 3.1 Initial Cash Investments and Optional Cash Investments On each Investment Date, the Administrator shall, or if it is not an Independent Agent shall cause an Independent Agent to, purchase in the Open Market the whole number of ADS Shares equal to (a) the amount of Initial Cash Investment funds and/or Optional Cash Investment funds received by the Administrator from Participants for investment on the relevant Investment Date, minus any Ineligible Funds and
The Administrator shall credit to the Plan Account of each investing Participant for such Investment Date the Participant’s proportionate interest in the ADS Shares so purchased. The
total cost incurred by the Plan Account for this purchase will be the Market Purchase Price multiplied by the number of ADS Shares so credited.
| EXCERPTS ON THIS PAGE:
RELATED TOPICS for BP: |
| |||||||
