This excerpt taken from the SMG 8-K filed Feb 2, 2005.
6.02 Remaining Available Shares.
[1] If application
of the procedures described in Section 6.01 would result in
the purchase of a number of shares of Stock larger than the
number of shares of Stock offered during that Offering Period,
the Committee will allocate available shares of Stock among
Participants and any cash remaining in Participants’ Plan
Accounts will be credited to the next Offering Period and,
subject to the terms of the Plan, applied along with additional
amounts credited to that Offering Period to purchase shares of
Stock during that Offering Period and at the Purchase Price
established for that Offering Period.
[2] If application
of the procedures described in Section 6.01 would result in
the purchase of a number of shares of Stock less than the number
of shares of Stock made available for purchase for any Offering
Period, the excess shares of Stock will be available for
purchase during any subsequent Offering Period.
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