CHINA: IBM China Employee Stock Purchase Plan (ESPP) 2009年08月14日 星期五 下午 03:28

Announcement - IBM China Employee Stock Purchase Plan (ESPP)

http://hi.baidu.com/akill/blog/item/04ad5166afd0ba2daa184c44.html

Dear China Colleagues,

After successfully obtaining China government certificate of foreign
exchange, now IBM Employees Stock Purchase Plan (ESPP) will be formally
launched on August 14, 2009 for IBM China regular and fixed term
employees. This plan offers a convenient, cost-effective way for IBMers
in China to build an ownership stake in IBM company. This ESPP offering
period will run from July 1 – December 31, 2009, with six million
shares available for purchase.

Plan Highlights

IBM's Employees Stock Purchase Plan (ESPP) offers eligible employees
(both regular and fix term employees) the opportunity to invest in IBM
stock at a 5% discount off the market price on the appointed trade date
of purchase each pay period. ESPP contributions are made through
automatic payroll deduction. Participation is voluntary.

Employees may designate, at any whole percentage, between 1% and 10%
of their pay to purchase IBM stock through automatic payroll deduction,
up to a maximum of US$25,000 worth of shares in a calendar year. An
administrative fee of US$6.00 will be taken from the first ESPP
deduction each offering period.

Eligible employees may join the ESPP at any time during the offering
period, as long as they are actively employed. Participants may also
increase or decrease their ESPP contributions, add or delete a joint
owner, or withdraw from the plan at any time.

Please read IBM China ESPP Prospectus at http://w3-07.ibm.com/hr/ap/cn/yourmoney/zh-cn/espp.html and make careful decision before you invest.

Enrollment and Stock Purchase Request

If you want to enroll in the ESPP program in 2009, please refer to the timetable as follows:

Program Start From Enrollment and Change Deadline System

Aug-2009 Aug 31, 2009

Sept-2009 Sept 30, 2009

Oct-2009 Oct 31, 2009

Nov-2009 Nov 30, 2009

Dec-2009 Dec 31, 2009 Please log on ESPP China Tool Web Page at https://w3-07.ibm.com/hr/ap/gcg/cn/espp,
fill in and submit your enrollment form or change request according to
timeline. Your request will be reviewed and confirmed by HR afterwards
and the contribution will be deducted in your payroll of the next month.

Contributions are deducted from the monthly Eligible Compensation
that you receive. By accepting the ESPP China Guideline online when you
log on the system, you have expressly authorized IBM China to deduct
your contributions from your monthly Eligible Compensation.

You can also visit the ESPP section of the "You and IBM" web site at hot link http://w3.ibm.com/hr/global/espp or ESPP China home page http://w3-07.ibm.com/hr/ap/cn/yourmoney/zh-cn/espp.html for further instructions on how to sign up or make changes to your contribution, or to learn more about the plan.

Human Resources,

IBM Great China Group

Any HR questions please contact Buzz HR via http://w3-6.ibm.com/hr/ap/hk/toppages/en-us/buzzhr.html

or China ESPP admin: Liu Shan Shan（Shan Shan Liu/China/Contr/IBM）