TiVo 2007 Annual Report Download - page 105

Download and view the complete annual report

Please find page 105 of the 2007 TiVo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 136

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136

advance of the date of participation to be effective, unless a later time for filing the enrollment form is set by the Board for all Eligible Employees with respect
to a given Offering Date.
(d) If the agreement authorizing payroll deductions is required to be delivered to the Company or designated Affiliate a specified number of days before
the Offering Date to be effective, then an employee who becomes eligible during the required delivery period shall not be considered to be an Eligible
Employee at the beginning of the Offering but may elect to participate during the Offering as provided in subparagraph 2(c).
6. Changing Participation Level during Offering; Withdrawal from Offering.
(a) A Participant may not increase his or her deductions during the course of a Purchase Period. A Participant may increase or decrease his or her
deductions prior to the beginning of a new Purchase Period or a new Offering, to be effective at the beginning of such new Purchase Period or new Offering.
A Participant shall make a change in his or her participation level by delivering a notice to the Company in such form and at such time as the Company
provides.
(b) A Participant may reduce (including to zero) his or her deductions once (and only once) during a Purchase Period, effective as soon as
administratively practicable. A Participant shall make a change in his or her participation level by delivering a notice to the Company in such form and at such
time as the Company provides.
(c) Except as otherwise specifically provided herein, a Participant may not increase or decrease his or her participation level during the course of an
Offering.
(d) Notwithstanding the foregoing, a Participant may withdraw from an Offering and receive his or her accumulated payroll deductions from the
Offering (reduced to the extent, if any, such deductions have been used to acquire Shares for the Participant on any prior Purchase Dates), without interest, at
any time prior to the end of the Offering, excluding only each ten (10) day period immediately preceding a Purchase Date (or such shorter period of time
determined by the Company and communicated to Participants) by delivering a withdrawal notice to the Company in such form as the Company provides.
7. Purchases.
Subject to the limitations contained herein, on each Purchase Date, each Participant's accumulated payroll deductions (without any increase for interest)
shall be applied to the purchase of whole Shares, up to the maximum number of Shares permitted under the Plan and the Offering.
8. Notices and Agreements.
5