WHOLE SHARE OF COMMON STOCK SHALL BE HELD FOR THE
PURCHASE OF COMMON STOCK ON
4
THE NEXT PURCHASE DATE.
HOWEVER, ANY PAYROLL DEDUCTIONS NOT APPLIED TO THE
PURCHASE OF COMMON STOCK BY REASON OF THE LIMITATION ON THE MAXIMUM NUMBER OF
SHARES PURCHASABLE PER PARTICIPANT OR IN THE AGGREGATE ON THE PURCHASE DATE
SHALL BE PROMPTLY REFUNDED.
F.
SUSPENSION OF PAYROLL DEDUCTIONS.
IN THE EVENT THAT A
PARTICIPANT IS, BY REASON OF THE ACCRUAL LIMITATIONS IN ARTICLE VIII, PRECLUDED
FROM PURCHASING ADDITIONAL SHARES OF COMMON STOCK ON ONE OR MORE PURCHASE DATES
DURING THE OFFERING PERIOD IN WHICH HE OR SHE IS ENROLLED, THEN NO FURTHER
PAYROLL DEDUCTIONS SHALL BE COLLECTED FROM SUCH PARTICIPANT WITH RESPECT TO
THOSE PURCHASE DATES.
THE SUSPENSION OF SUCH DEDUCTIONS SHALL NOT TERMINATE THE
PARTICIPANT'S PURCHASE RIGHT FOR THE OFFERING PERIOD IN WHICH HE OR SHE IS
ENROLLED, AND PAYROLL DEDUCTIONS SHALL AUTOMATICALLY RESUME ON BEHALF OF SUCH
PARTICIPANT ONCE HE OR SHE IS AGAIN ABLE TO PURCHASE SHARES DURING THAT OFFERING
PERIOD IN COMPLIANCE WITH THE ACCRUAL LIMITATIONS OF ARTICLE VIII.
G.
TERMINATION OF PURCHASE RIGHT.
THE FOLLOWING PROVISIONS SHALL
GOVERN THE TERMINATION OF OUTSTANDING PURCHASE RIGHTS:
(I)
A PARTICIPANT MAY WITHDRAW FROM THE OFFERING PERIOD IN WHICH HE
OR SHE IS ENROLLED BY FILING THE APPROPRIATE FORM WITH THE PLAN ADMINISTRATOR
(OR ITS DESIGNATE) AT ANY TIME PRIOR TO THE NEXT SCHEDULED PURCHASE DATE IN THAT
OFFERING PERIOD, AND NO FURTHER PAYROLL DEDUCTIONS SHALL BE COLLECTED FROM THE
PARTICIPANT WITH RESPECT TO THE OFFERING PERIOD.
ANY PAYROLL DEDUCTIONS
COLLECTED DURING THE PURCHASE INTERVAL IN WHICH SUCH WITHDRAWAL OCCURS SHALL, AT
THE PARTICIPANT'S ELECTION, BE IMMEDIATELY REFUNDED OR HELD FOR THE PURCHASE OF
SHARES ON THE NEXT PURCHASE DATE.
IF NO SUCH ELECTION IS MADE AT THE TIME OF
SUCH WITHDRAWAL, THEN THE PAYROLL DEDUCTIONS COLLECTED WITH RESPECT TO THE
PURCHASE INTERVAL IN WHICH SUCH WITHDRAWAL OCCURS SHALL BE REFUNDED AS SOON AS
POSSIBLE.
(II)
THE PARTICIPANT'S WITHDRAWAL FROM THE OFFERING PERIOD SHALL BE
IRREVOCABLE, AND THE PARTICIPANT MAY NOT SUBSEQUENTLY REJOIN THAT OFFERING
PERIOD.
IN ORDER TO RESUME PARTICIPATION IN ANY SUBSEQUENT OFFERING PERIOD,
SUCH INDIVIDUAL MUST RE-ENROLL IN THE PLAN (BY MAKING A TIMELY FILING OF THE
PRESCRIBED ENROLLMENT FORMS) ON OR BEFORE HIS OR HER SCHEDULED ENTRY DATE INTO
THAT OFFERING PERIOD.
(III)
SHOULD THE PARTICIPANT CEASE TO REMAIN AN ELIGIBLE EMPLOYEE FOR
ANY REASON (INCLUDING DEATH, DISABILITY OR CHANGE IN STATUS) WHILE HIS OR HER
PURCHASE RIGHT REMAINS OUTSTANDING, THEN THAT PURCHASE RIGHT SHALL IMMEDIATELY
TERMINATE, AND ALL OF THE PARTICIPANT'S PAYROLL DEDUCTIONS FOR THE PURCHASE
INTERVAL IN WHICH THE PURCHASE RIGHT SO TERMINATES SHALL BE IMMEDIATELY
REFUNDED.
HOWEVER, SHOULD THE PARTICIPANT CEASE TO REMAIN IN ACTIVE SERVICE BY
REASON OF AN APPROVED UNPAID LEAVE OF ABSENCE, THEN THE PARTICIPANT SHALL HAVE
THE RIGHT, EXERCISABLE UP UNTIL THE LAST BUSINESS DAY OF THE PURCHASE INTERVAL
IN WHICH SUCH LEAVE COMMENCES, TO (A) WITHDRAW ALL THE PAYROLL DEDUCTIONS
COLLECTED TO DATE ON HIS OR HER BEHALF FOR THAT PURCHASE