Juno 2014 Annual Report Download - page 140

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Interval ending with that Purchase Date by the purchase price in effect for the Participant for that Purchase Date. However, the maximum number of shares of
Common Stock purchasable per Participant on any one Purchase Date shall not exceed 1,963 shares, subject to periodic adjustments in the event of certain
changes in the Corporation’s capitalization. In addition, the maximum number of shares of Common Stock purchasable in total by all Participants on any one
Purchase Date shall not exceed 471,328 shares, subject to periodic adjustments in the event of certain changes in the Corporation’s capitalization. However,
the Plan Administrator shall have the discretionary authority, exercisable prior to the start of any offering period under the Plan, to increase or decrease the
limitations to be in effect for the number of shares purchasable per Participant (and the corresponding maximum number of shares purchasable per Participant
for that offering period) and in total by all Participants on each Purchase Date within that offering period.
 Any payroll deductions or other permitted form of contribution not applied to the
purchase of shares of Common Stock on any Purchase Date because they are not sufficient to purchase a whole share of Common Stock shall be held for the
purchase of Common Stock on the next Purchase Date. However, any payroll deductions or other permitted form of contribution 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.
 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 or other form of contribution permitted for that offering period shall be collected from such Participant with
respect to those Purchase Dates. The suspension of such deductions or contributions shall not terminate the Participant’s purchase right for the offering period
in which he or she is enrolled, and payroll deductions or other permitted form of contribution 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.
 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 or other
permitted form of contribution shall be collected from the Participant with respect to the offering period. Any payroll deductions or other permitted
contributions 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 or other permitted
form of contribution collected with respect to the Purchase Interval in which such withdrawal occurs shall be refunded as soon as possible.
6