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This excerpt taken from the NKE 10-Q filed Jan 7, 2009. Eligible Employee” is an
employee in a Participating Group who has been employed by the Company and its
subsidiaries for at least one full month prior to the Offering Date (as defined
below) excluding, however, any employee who would, after a purchase of shares
under the Plan, own or be deemed (under Section 424(d) of the United States
Internal Revenue Code of 1986, as amended (the “ |
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