First Amendment to American Tower Corporation 2000 Employee Stock Purchase Plan
This amendment updates the American Tower Corporation 2000 Employee Stock Purchase Plan by revising the definition of "Offering Date" to allow the Committee to designate the date options are granted, with at least one Offering Date every 12 months. All other terms of the plan remain unchanged, but the company reserves the right to make further amendments. The amendment is executed by American Tower Corporation as of November 13, 2003.
Exhibit 10.3
AMERICAN TOWER CORPORATION
2000 EMPLOYEE STOCK PURCHASE PLAN
FIRST AMENDMENT
American Tower Corporation (the “Company”) hereby amends the American Tower Corporation 2000 Employee Stock Purchase Plan (the “Plan”) as set forth below.
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1. Offering Date. Effective with the Offering commencing June 1, 2002, the phrase “Offering Date” in Section 2(l) of the Plan shall be amended in its entirety as follows:
“Offering Date” shall mean the date(s) designated by the Committee from time to time on which an Option is granted; provided, however, that there shall be at least one Offering Date in any consecutive 12-month period while the Plan remains in effect; and provided, further, that if such date is not a business day, the Offering Date shall be the business day immediately succeeding the applicable date.
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2. Further Amendments. Except as hereinabove specifically amended, all provisions of the Plan shall continue in full force and effect; provided, however, that the Company hereby reserves the power from time to time to further amend the Plan.
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IN WITNESS WHEREOF, the Company has caused this First Amendment to be executed in its name and on its behalf this 13th day of November, 2003.
| AMERICAN TOWER CORPORATION | ||
| By: | /s/ Aileen Torrance | |
| Its: | VP Human Resources | |
