First Amendment to Aeglea Biotherapeutics, Inc. 2018 Equity Inducement Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment, effective June 22, 2023, updates the Aeglea Biotherapeutics, Inc. 2018 Equity Inducement Plan. The Board of Directors has increased the total number of shares available for grant under the plan to 71,100,000. All other terms of the original plan remain unchanged. The amendment is governed by Delaware law and is executed by the company's President and Chief Financial Officer.

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EX-10.6 5 agle-ex10_6.htm EX-10.6 EX-10.6

 

Exhibit 10.6

 

FIRST AMENDMENT TO THE

AEGLEA BIOTHERAPEUTICS, Inc.

2018 Equity Inducement Plan

WHEREAS, Aeglea Biotherapeutics, Inc., a Delaware corporation (the “Company”) maintains the Aeglea Biotherapeutics, Inc. 2018 Equity Inducement Plan (the “Plan”); and

WHEREAS, pursuant to Section 17 of the Plan, the Board of Directors (the “Board”) may amend the Plan at any time and for any purpose as permitted by law, including to increase the maximum number of Shares for which awards may be granted under the Plan.

NOW, THEREFORE, pursuant to its authority under Section 17 of the Plan, the Board hereby amends the Plan as follows, effective as of June 22, 2023 (the “Amendment Effective Date”):

 

1.
Section 2.1 of the Plan is hereby amended and restated in its entirety to read as follows:

 

“2.1 Number of Shares Available. Subject to Sections 2.4 and 15 and any other applicable provisions hereof, the total number of Shares reserved and available for grant and issuance pursuant to this Plan is 71,100,000.”

 

2.
This First Amendment shall be governed by and construed in accordance with the laws of the State of Delaware (excluding its conflict of law rules).

 

3.
All capitalized terms used but not otherwise defined herein shall have the meaning assigned to them in the Plan. Except as expressly amended hereby, the Plan shall remain in full force and effect in accordance with its terms.

[Signature Page Follows]

 

 

 

IN WITNESS WHEREOF, the undersigned has executed this First Amendment to the Aeglea Biotherapeutics, Inc. 2018 Equity Inducement Plan, effective as of the Amendment Effective Date.

 

AEGLEA BIOTHERAPEUTICS, INC.

 

 

By:

/s/ Jonathan Alspaugh

Name: Jonathan Alspaugh

Title: President and Chief Financial Officer