Title: Lima Arizona Subscription Agreement for Employee Stock Purchase Plan of Maddox Networks, Inc. Description: The Lima Arizona Subscription Agreement for Employee Stock Purchase Plan (ESPN) is a legally binding document designed for eligible employees of Maddox Networks, Inc. in Lima, Arizona. This agreement lays out the terms and conditions related to the purchase of company stocks offered under the ESPN. Key Features: 1. Eligibility: The agreement clarifies the criteria determining whether an employee is eligible to participate in the ESPN. This typically includes factors like the length of service, job status, and employment type. 2. Stock Purchase Periods: The subscription agreement outlines the predetermined periods during which eligible employees can purchase company stock. These periods can be quarterly, semi-annually, or annually, depending on the company's policies. 3. Purchase Price: The agreement explains how the purchase price for the stocks is determined. It may be based on a discount from the fair market value, a fixed price, or any other mechanism established by Maddox Networks, Inc. 4. Stock Purchase Limits: The ESPN agreement outlines the maximum number of shares an employee can purchase during each subscription period. This ensures an equitable distribution of company stocks among eligible employees. 5. Payment Methods: The agreement provides details regarding the accepted methods of payment for purchasing company stock. This can include deductions from the employee's salary, electronic funds transfer, or any other approved payment method. 6. Vesting period: If applicable, the vesting period is described in the agreement. This is the duration during which an employee must remain with the company to fully own the purchased shares. Different Types of Lima Arizona Subscription Agreement for Employee Stock Purchase Plan: 1. Lima Arizona Subscription Agreement — Standard: This is the primary agreement that covers the general terms and conditions of participating employees' stock purchases. It outlines the standard provisions applicable to all eligible employees in Lima, Arizona. 2. Lima Arizona Subscription Agreement — Additional Terms: This agreement may be created to address specific additional terms and conditions for a particular group of employees, such as executives or senior management, in addition to the standard terms mentioned above. 3. Lima Arizona Subscription Agreement — Amendment: This agreement is used to modify or amend any existing terms and conditions of the ESPN for employees located in Lima, Arizona. It allows necessary updates or changes to accommodate evolving company policies or legal requirements. By adhering to the Lima Arizona Subscription Agreement for Employee Stock Purchase Plan, eligible employees of Maddox Networks, Inc. can conveniently and securely participate in the company's ESPN, fostering a sense of ownership and financial growth.