Amendment to Biogen Idec Inc. 2008 Omnibus Equity Plan (October 13, 2008)

Contract Categories: Business Finance › Modification Agreements
Summary

This amendment modifies the Biogen Idec Inc. 2008 Omnibus Equity Plan by changing specific language in Section 10 regarding the effects of certain transactions. The amendment removes a clause about the Committee's discretion in making adjustments and adds clarifying language about events covered under the plan. The amendment is effective as of October 13, 2008.

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EX-10.19 3 b73435biexv10w19.htm EX-10.19 AMENDMENT TO BIOGEN IDEC INC. 2008 OMNIBUS EQUITY PLAN DATED OCTOBER 13, 2008 exv10w19
Exhibit 10.19
BIOGEN IDEC INC.
2008 OMNIBUS EQUITY PLAN
AMENDMENT
     The Biogen Idec Inc. 2008 Omnibus Equity Plan (“the Plan”) is hereby amended as follows:
In paragraph D(1) of Section 10 (“Effect of Certain Transactions”), the words “to the extent the Committee shall determine, in good faith, that such an adjustment is appropriate” are hereby deleted.
In paragraph D(2) of Section 10 (“Effect of Certain Transactions”), the words “other than those described in Section 10.D(1) above” are hereby added immediately after the words “or any other event”.
Date: October 13, 2008