SOAP » Topics » Article 20 - Notice to Company of Disqualifying Disposition.

These excerpts taken from the SOAP 10-K filed Mar 13, 2008.

Article 20 - Notice to Company of Disqualifying Disposition.

By electing to participate in the Plan, each participant agrees to notify the Company in writing immediately after the participant transfers Common Stock acquired under the Plan, if such transfer occurs within two years after the first business day of the Offering Period in which such Common Stock was purchased or within one year of the date on which such shares were purchased. Each


participant further agrees to provide any information about such a transfer as may be requested by the Company or any subsidiary corporation in order to assist it in complying with the tax laws. Such dispositions generally are treated as “disqualifying dispositions” under Sections 421 and 424 of the Code, which have certain tax consequences to participants and to the Company and its participating subsidiaries.

Article 20 - Notice to Company of Disqualifying
Disposition.

By electing to participate in the Plan, each participant agrees to notify the Company in writing immediately after the
participant transfers Common Stock acquired under the Plan, if such transfer occurs within two years after the first business day of the Offering Period in which such Common Stock was purchased or within one year of the date on which such shares
were purchased. Each








participant further agrees to provide any information about such a transfer as may be requested by the Company or any subsidiary corporation in order to
assist it in complying with the tax laws. Such dispositions generally are treated as “disqualifying dispositions” under Sections 421 and 424 of the Code, which have certain tax consequences to participants and to the Company and its
participating subsidiaries.

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 13, 2008
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