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This excerpt taken from the FNSR 8-K filed Nov 23, 2009. 1. Establishment,
Purpose and Term of Plan.
1.1 Establishment. The Finisar
Corporation 1999 Employee Stock Purchase Plan (the
“Plan”) became effective on the
effective date of the initial registration by the Company of its
Stock under Section 12 of the Securities Exchange Act of
1934, as amended (the “Effective Date”)
and is hereby amended and restated in its entirety on
March 2, 2005.
1.2 Purpose. The purpose of the
Plan is to advance the interests of Company and its stockholders
by providing an incentive to attract, retain and reward Eligible
Employees of the Participating Company Group and by motivating
such persons to contribute to the growth and profitability of
the Participating Company Group. The Plan provides such Eligible
Employees with an opportunity to acquire a proprietary interest
in the Company through the purchase of Stock. The Company
intends that the Plan qualify as an “employee stock
purchase plan” under Section 423 of the Code
(including any amendments or replacements of such section), and
the Plan shall be so construed.
1.3 Term of Plan. The Plan shall
continue in effect until the earlier of its termination by the
Board or the date on which all of the shares of Stock available
for issuance under the Plan have been issued.
This excerpt taken from the FNSR DEF 14A filed Oct 8, 2009. 1. Establishment,
Purpose and Term of Plan.
1.1 Establishment. The Finisar
Corporation 1999 Employee Stock Purchase Plan (the
“Plan”) became effective on the
effective date of the initial registration by the Company of its
Stock under Section 12 of the Securities Exchange Act of
1934, as amended (the “Effective Date”)
and is hereby amended and restated in its entirety on
March 2, 2005.
1.2 Purpose. The purpose of the
Plan is to advance the interests of Company and its stockholders
by providing an incentive to attract, retain and reward Eligible
Employees of the Participating Company Group and by motivating
such persons to contribute to the growth and profitability of
the Participating Company Group. The Plan provides such Eligible
Employees with an opportunity to acquire a proprietary interest
in the Company through the purchase of Stock. The Company
intends that the Plan qualify as an “employee stock
purchase plan” under Section 423 of the Code
(including any amendments or replacements of such section), and
the Plan shall be so construed.
1.3 Term of Plan. The Plan shall
continue in effect until the earlier of its termination by the
Board or the date on which all of the shares of Stock available
for issuance under the Plan have been issued.
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