LWSN » Topics » SECTION 2.03 Limits on Stock Purchase

This excerpt taken from the LWSN 10-Q filed Jan 9, 2007.
SECTION 2.03 Limits on Stock PurchaseNo employee shall be granted any right to purchase hereunder if such employee, immediately after a right to purchase is granted, would own, directly or indirectly, within the meaning of Section 423(b)(3) and Section 424(d) of the Code stock possessing five percent 5% or more of the total combined voting power or value of all the then classes of the capital stock of the Company or of all Affiliates.

This excerpt taken from the LWSN DEF 14A filed Sep 25, 2006.
SECTION 2.03 Limits on Stock Purchase.   No employee shall be granted any right to purchase hereunder if such employee, immediately after a right to purchase is granted, would own, directly or indirectly, within the meaning of Section 423(b)(3) and Section 424(d) of the Code stock possessing five percent 5% or more of the total combined voting power or value of all the then classes of the capital stock of the Company or of all Affiliates.

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