Amendment No. 7 to Inverness Medical Innovations, Inc. 2001 Stock Option and Incentive Plan

Contract Categories: Human Resources › Bonus & Incentive 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 11,074,081. All other terms of the plan remain unchanged. The amendment was approved by the company's Board of Directors on November 7, 2007, and by the stockholders on December 20, 2007.

Read More Arrow
EX-10.41 5 b68107imexv10w41.htm EX-10.41 AMENDMENT NO.7 2001 STOCK OPTION AND INCENTIVE PLAN exv10w41  

Exhibit 10.41
AMENDMENT NO. 7
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 11,074,081 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: November 7, 2007.
AS APPROVED BY THE STOCKHOLDERS: December 20, 2007