Juno 2014 Annual Report Download - page 141

(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 or other permitted contributions 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 or other
permitted contributions collected to date on his or her behalf for that Purchase Interval or (b) have such funds held for the purchase of shares on his or her
behalf on the next scheduled Purchase Date. In no event, however, shall any further payroll deductions or other permitted form of contribution be collected
on the Participant’s behalf during such leave. Upon the Participant’s return to active service (x) within three (3) months following the commencement of such
leave or (y) prior to the expiration of any longer period for which such Participant is provided with reemployment rights by statute or contract, his or her
payroll deductions or other permitted form of contribution under the Plan shall automatically resume at the rate in effect at the time the leave began, unless
the Participant withdraws from the Plan prior to his or her return. An individual who returns to active employment following a leave of absence which
exceeds in duration the applicable (x) or (y) time period will be treated as a new Employee for purposes of subsequent participation in the Plan and must
accordingly 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 the offering
period.
Each outstanding purchase right shall automatically be exercised, immediately prior to the effective date of
any Change in Control, by applying the payroll deductions or other permitted contributions of each Participant for the Purchase Interval in which such
Change in Control occurs to the purchase of whole shares of Common Stock at the purchase price per share in effect for that Purchase Internal pursuant to the
Purchase Price provisions of Paragraph C of this Article VII. However, the applicable limitation on the number of shares of Common Stock purchasable per
Participant shall continue to apply to any such purchase, but not the limitation applicable to the maximum number of shares of Common Stock purchasable
in total by all Participants.
The Corporation shall use reasonable efforts to provide at least ten (10)-days prior written notice of the occurrence of any Change in
Control, and Participants shall, following the receipt of such notice, have the right to terminate their outstanding purchase rights prior to the effective date of
the Change in Control.
 Should the total number of shares of Common Stock to be purchased pursuant to outstanding
purchase rights on any particular date exceed the number of shares then available for issuance under the Plan, the Plan Administrator
7