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Title: |
Common Stock Purchase Plan for Executives |
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Date: |
2004 |
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Size: |
8KB total |
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Price: |
$39 |
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ID: |
#1183359 |
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JOHNSON CONTROLS, INC.
COMMON STOCK PURCHASE PLAN FOR EXECUTIVES
as amended through November 17, 2004
Section 1
Purpose
The purpose of this Plan is to establish an employee benefit plan in the form of a stock purchase plan to facilitate the acquisition of Company Stock by those executives subject to the Executive Stock Ownership Policy previously adopted by the Board of Directors and as amended from time to time, and to make such purchases eligible for an exemption from Section 16 of the Securities Exchange Act of 1934 (the Act) under Rule 16b-3(c) under the Act.
Section 2
Effective Date and Termination Date
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2.1 |
The Plan is adopted March 28, 2001 and shall be effective as of October 1, 2000. | |
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2.2 |
This Plan shall remain in effect until terminated by the Board of Directors. |
Section 3
Definitions
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3.1 |
The Board is the Board of Directors of the Company. | |
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3.2 |
The Company is Johnson Controls, Inc., a Wisconsin corporation, and any successor thereto that adopts the Plan. | |
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3.3 |
The Automatic Dividend Reinvestment and Common Stock Purchase Plan is a separate stock purchase plan for employees of the Company other than those officers or key executives subject to the Companys Executive Stock Ownership Policy. | |
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3.4 |
Company Stock shall mean the common stock of the Company. | |
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3.5 |
The Plan is the Johnson Controls, Inc., Common Stock Purchase Plan for Executives. | |
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3.6 |
A Participant is an officer or key executive of the Company or a subsidiary who has elected to participate in the Plan. |
29
Exhibit 10.B
JOHNSON CONTROLS, INC.
COMMON STOCK PURCHASE PLAN FOR EXECUTIVES
as amended through November 17, 2004
Section 4
Eligibility
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