Accrual Period

Accrual Period. Prior to June 16, 2003, a six-month period during which payroll deductions are accumulated and effective June 16, 2003 means, a three-month period during which payroll deductions are accumulated

Accrual Period. The three-month period coinciding with the Offering Period during which payroll deductions are accumulated, with the exception of the twelve-month Offering Period that commenced on March 16, 2005 which, subject to Section 11(c), is comprised of four three-month Accrual Periods.

Accrual Period. A period of approximately six (6) months, commencing on February 1 and August 1 of each year and terminating on the next following July 31 or January 31, respectively, except with respect to the first accrual period which may be shorter if so determined by the Plan Administrator. "Accrual Period" shall have the same meaning as "Purchase Period" for Purchase Periods commencing on and after August 1, 2007.