BRCM » Topics » Amendment and Termination

This excerpt taken from the BRCM DEF 14A filed Apr 29, 2008.
Amendment and Termination
 
The 1998 ESPP will terminate upon the earliest of (i) April 30, 2018, if shareholder approval of this Proposal is obtained, (ii) the date on which all shares available for issuance thereunder are sold pursuant to exercised purchase rights or (iii) the date on which all purchase rights are exercised in connection with an acquisition of the Company.
 
The Board may at any time alter, suspend or terminate the 1998 ESPP. However, the Board may not, without shareholder approval, (i) increase the number of shares issuable under the 1998 ESPP, (ii) alter the purchase price formula to reduce the purchase price or (iii) modify the requirements for eligibility to participate in the 1998 ESPP.


35


Table of Contents

This excerpt taken from the BRCM DEF 14A filed Mar 29, 2007.
Amendment and Termination
 
The 1998 ESPP will terminate upon the earliest of (i) the last business day in April 2017 (or the last business day of April 2008 if this Proposal is not approved by our shareholders), (ii) the date on which all shares available for issuance thereunder are sold pursuant to exercised purchase rights or (iii) the date on which all purchase rights are exercised in connection with an acquisition of the Company.
 
The Board may at any time alter, suspend or terminate the 1998 ESPP. However, the Board may not, without shareholder approval, (i) increase the number of shares issuable under the 1998 ESPP, (ii) alter the purchase price formula to reduce the purchase price or (iii) modify the requirements for eligibility to participate in the 1998 ESPP.
 
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki