Amendment No. 1 to Accelerize New Media, Inc. Stock Option Plan

Contract Categories: Human Resources › Compensation Agreements
Summary

This amendment, adopted by the Board of Directors of Accelerize New Media, Inc. on May 16, 2007, increases the number of shares available under the company's Stock Option Plan from 4,300,000 to 10,000,000. All other terms of the original Stock Option Plan remain unchanged.

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EX-10.1 2 ex10-1.htm EXHIBIT 10.1 ex10-1.htm
EXHIBIT 10.1
 
AMENDMENT NO. 1
 
TO THE ACCELERIZE NEW MEDIA INC.
 
STOCK OPTION PLAN
 
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As adopted by resolution of the
 
Board of Directors on May 16, 2007
 
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1.
Section 3 of the Accelerize New Media, Inc. Stock Option Plan (the "Plan") is hereby amended by deleting the number "4,300,000" and inserting the number "10,000,000" in its stead, wherever the same appears.
 
 
2.
Except as hereinabove amended, the provisions of the Plan shall remain in full force and effect.