Amendment No. 3 to Inverness Medical Innovations, Inc. 2001 Stock Option and Incentive Plan

Contract Categories: Business Finance › Modification Agreements
Summary

This amendment updates the Inverness Medical Innovations, Inc. 2001 Stock Option and Incentive Plan by increasing the maximum number of shares available for issuance under the plan to 6,074,081 shares. All other terms of the plan remain unchanged. The amendment was approved by the company's Board of Directors on March 15, 2005, and by the stockholders on May 24, 2005.

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EX-10.3 3 a05-13071_2ex10d3.htm EX-10.3

Exhibit 10.3

 

AMENDMENT NO. 3

 

TO

 

INVERNESS MEDICAL INNOVATIONS, INC.

 

2001 STOCK OPTION AND INCENTIVE PLAN

 

The Inverness Medical Innovations, Inc. 2001 Stock Option and Incentive Plan (the “Plan”) is hereby amended by deleting the first sentence of Section 3(a) of the Plan and replacing it with the following:

 

“The maximum number of shares of Stock reserved and available for issuance under the Plan shall be 6,074,081 shares, subject to adjustment as provided in Section 3(b).”

 

Except as herein amended, the provisions of the Plan shall remain in full force and effect.

 

AS APPROVED BY THE BOARD OF DIRECTORS:  March 15, 2005

 

AS APPROVED BY THE STOCKHOLDERS:  May 24, 2005