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This excerpt taken from the EBAY DEF 14A filed Apr 30, 2007. PURPOSE
The purpose of the Purchase Plan is to provide an opportunity
for our employees to purchase shares of our common stock and
thereby to have an additional incentive to contribute to the
prosperity of our company. The Purchase Plan enables our
eligible employees and the employees of our subsidiaries to
purchase, through payroll deductions, shares of our common stock
at a discount from the market price of the stock at the time of
purchase. The Purchase Plan is intended to qualify as an
employee stock purchase plan within the meaning of
Section 423 of the Internal Revenue Code.
This excerpt taken from the EBAY DEF 14A filed Apr 26, 2006. PURPOSE
The purpose of the 2001 Plan is to provide a means by which
eligible employees, directors, and consultants of eBay and its
affiliates may be given an opportunity to purchase our common
stock. We believe that the 2001 Plan assists us in retaining the
services of such persons, in securing and retaining the services
of persons capable of filling such positions, and in providing
incentives for such persons to exert maximum efforts for our
success.
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