Amendment to Actuate Corporation 1998 Equity Incentive Plan (Amended and Restated)

Contract Categories: Business Finance › Modification Agreements
Summary

This amendment, effective January 2, 2010, modifies the Actuate Corporation 1998 Equity Incentive Plan by deleting Section 3.2, which previously addressed the annual increase in shares. It also updates the plan's amendment history to reflect this change. The amendment is made by Actuate Corporation under its authority to revise the plan. No other terms of the plan are changed by this amendment.

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EX-10.1 2 f52214exv10w1.htm EX-10.1 exv10w1
Exhibit 10.1
AMENDMENT TO THE ACTUATE CORPORATION
1998 EQUITY INCENTIVE PLAN (AMENDED AND RESTATED)
          Pursuant to the powers of amendment in Section 17.2 of the Actuate Corporation 1998 Equity Incentive Plan as adopted effective July 17, 1998 and as amended and restated from time to time (the “1998 Plan”) Actuate Corporation hereby amends the 1998 Plan, effective as of January 2, 2010, in the following manner:
1.   Section 3.2 Annual Increase in Shares is deleted in its entirety.
 
2.   The sentence “On April 22, 2009, the Board of Directors amended the Plan by deleting Section 3.2 Annual Increase in Shares.” is hereby added to the end of Section 17.3 History of Amendments of the 1998 Plan.