Amendments to Lightbridge, Inc. 1996 Stock Purchase Plan (as Amended)

Contract Categories: Business Finance › Stock Agreements
Summary

This document outlines two amendments to the Lightbridge, Inc. 1996 Stock Purchase Plan. The first amendment, effective March 16, 2001, changes the required holding period from six months to twenty days. The second amendment, effective May 29, 2001, increases the maximum number of shares available under the plan from 200,000 to 400,000. These changes affect how quickly participants can act on their stock purchases and the total shares that may be issued under the plan.

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EX-10.1 3 j0989_ex10d1.htm EX-10.1 Prepared by MerrillDirect

Exhibit 10.1

LIGHTBRIDGE, INC.

Amendments to the 1996 Stock Purchase Plan, as Amended

1) Effective March 16, 2001, Paragraph 3(b) of the Lightbridge, Inc. 1996 Stock Purchase Plan, as amended, was further amended by deleting the words “six months” in the first sentence thereof and substituting therefor the words “ twenty days.”
   
2) Effective May 29, 2001, Paragraph 11(a) of the Lightbridge, Inc. 1996 Stock Purchase Plan, as amended, was further amended by deleting the number “200,000” in the first sentence thereof and substituting therefor the number “400,000.”