LWSN » Topics » SECTION 4.02 Purchase Price

This excerpt taken from the LWSN 10-Q filed Jan 9, 2007.
SECTION 4.02 Purchase PriceThe purchase price for any Purchase Period shall be 85% of the Fair Market Value of the Stock on the last business day of that Purchase Period rounded up to the next higher full cent unless, prior to the first business day of a Purchase Period, the Committee establishes a different price for a Purchase Period and provided that the price established in no event is less than the price permitted pursuant to Section 423 of the Code.

This excerpt taken from the LWSN DEF 14A filed Sep 25, 2006.
SECTION 4.02 Purchase Price.   The purchase price for any Purchase Period shall be 85% of the Fair Market Value of the Stock on the last business day of that Purchase Period rounded up to the next higher full cent unless, prior to the first business day of a Purchase Period, the Committee establishes a different price for a Purchase Period and provided that the price established in no event is less than the price permitted pursuant to Section 423 of the Code.

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