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These excerpts taken from the BP F-3ASR filed Dec 1, 2008. Section 4.4 Participant Request to Terminate Plan Participation
If a Participant requests to terminate his participation in the Plan, the Administrator shall, unless otherwise instructed, transfer all whole ADS Shares allocable to the subject Plan Account to the Participant, and such ADS Shares will become Record Shares. Fractional Plan Shares will be liquidated, and a check for their cash value, determined by proration of the Market Sale Price as of the relevant sale date, minus any applicable fees and expenses and/or withholdings required by law, will be remitted to the Participant by first class mail at his address of record, along with evidence of the number of whole ADS Shares previously allocable to such Plan Account.
Section 4.4 Participant Request to Terminate Plan Participation If a Participant requests to terminate his participation in the Plan, the Administrator shall, unless otherwise instructed, transfer all whole ADS Shares allocable to the subject Plan Account to the Participant, and such ADS Shares will become Record Shares. Fractional Plan Shares will be liquidated, and a check for their cash value, determined by proration of the Market Sale Price as of the relevant
These excerpts taken from the BP F-3 filed Nov 18, 2008. Section 4.4 Participant Request to Terminate Plan Participation
If a Participant requests to terminate his participation in the Plan, the Administrator shall, unless otherwise instructed, transfer all whole ADS Shares allocable to the subject Plan Account to the Participant, and such ADS Shares will become Record Shares. Fractional Plan Shares will be liquidated, and a check for their cash value, determined by proration of the Market Sale Price as of the relevant sale date, minus any applicable fees and expenses and/or withholdings required by law, will be remitted to the Participant by first class mail at his address of record, along with evidence of the number of whole ADS Shares previously allocable to such Plan Account.
Section 4.4 Participant Request to Terminate Plan Participation If a Participant requests to terminate his participation in the Plan, the Administrator shall, unless otherwise instructed, transfer all whole ADS Shares allocable to the subject Plan Account to the Participant, and such ADS Shares will become Record Shares. Fractional Plan Shares will be liquidated, and a check for their cash value, determined by proration of the Market Sale Price as of the relevant
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