|
|
 | | | |
- close
- close
- close
- close
These excerpts taken from the ROST 10-K filed Apr 1, 2008. Offering Periods. Except as otherwise set
forth below, the Plan shall be implemented on and after January 1, 2008 by a
single series of offerings (each an “Offering”). Unless otherwise determined by
the Board, each Offering shall be approximately three (3) months in duration (an
“Offering Period”). Offering Periods shall commence on or about January 1, April
1, July 1 and October 1 of each year and shall end on or about the next March
31, June 30, September 30 and December 31 respectively thereafter. The Board may
establish a different term for one or more Offerings and/or different commencing
and/or ending dates for such Offerings; provided,
however, that such different terms shall comply with
the provisions of section 423(b)(7) of the Code. An employee who becomes
eligible to participate in the Plan after an Offering Period has commenced shall
not be eligible to participate in such Offering but may participate in any
subsequent Offering provided such employee is still eligible to participate in
the Plan as of the commencement of any such subsequent Offering. The first day
of an Offering Period shall be the “Offering Date” for such Offering Period. In
the event the first and/or last day of an Offering Period is not a day on which
the primary market for the Shares is open for trading, the Company shall specify
the trading day that will be deemed the first or last day, as the case may be,
of the Offering Period.
(b) Offering Periods. Except as otherwise set forth below, the Plan shall be implemented on and after January 1, 2008 by a single series of offerings (each an “Offering”). Unless otherwise determined by the Board, each Offering shall be approximately three (3) months in duration (an “Offering Period”). Offering Periods shall commence on or about January 1, April 1, July 1 and October 1 of each year and shall end on or about the next March 31, June 30, September 30 and December 31 respectively thereafter. The Board may establish a different term for one or more Offerings and/or different commencing and/or ending dates for such Offerings; provided, however, that such different terms shall comply with the provisions of section 423(b)(7) of the Code. An employee who becomes eligible to participate in the Plan after an Offering Period has commenced shall not be eligible to participate in such Offering but may participate in any subsequent Offering provided such employee is still eligible to participate in the Plan as of the commencement of any such subsequent Offering. The first day of an Offering Period shall be the “Offering Date” for such Offering Period. In the event the first and/or last day of an Offering Period is not a day on which the primary market for the Shares is open for trading, the Company shall specify the trading day that will be deemed the first or last day, as the case may be, of the Offering Period. (b) | EXCERPTS ON THIS PAGE:
RELATED TOPICS for ROST: |
| |||||||
