Amendment to Biogen, Inc. 1985 Non-Qualified Stock Option Plan (October 13, 2008)

Contract Categories: Business Finance › Stock Agreements
Summary

This amendment updates the Biogen, Inc. 1985 Non-Qualified Stock Option Plan by revising language in Section III regarding how shares subject to the plan are adjusted. Specifically, it replaces a phrase about the committee's discretion with new wording about adjustments. The amendment was made effective on October 13, 2008.

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EX-10.45 7 b73435biexv10w45.htm EX-10.45 AMENDMENT TO BIOGEN, INC. 1985 NON-QUALIFIED STOCK OPTION PLAN DATED OCTOBER 13, 2008 exv10w45
Exhibit 10.45
BIOGEN, INC.
1985 NON-QUALIFIED STOCK OPTION PLAN
AMENDMENT
     The Biogen, Inc. 1985 Non-Qualified Stock Option Plan (“the Plan”) is hereby amended as follows:
In the second paragraph of Section III (“Shares Subject to the Plan”), the words “after the Committee, in its sole discretion, has interpreted the effect of” are hereby deleted and replaced with the words “as adjusted following”.
Date: October 13, 2008