EX-10.49 - Proposed Resolution for Meeting of the Board of Directors

EX-10.49 3 b63632biexv10w49.txt EX-10.49 - PROPOSED RESOLUTION FOR MEETING OF THE BOARD OF DIRECTORS Exhibit 10.49 BIOGEN IDEC INC. Proposed resolution for Meeting of the Board of Directors February 13, 2007 Amendment of the Biogen Idec 2005 Omnibus Equity Plan (the "Plan") RESOLVED: That Section 8(a) of the Plan be, and it hereby is, amended and restated in its entirety, as follows: "(a) Price. At the time of the grant of shares of Restricted Stock, Restricted Stock Units or Performance Shares, the Committee shall determine the price, if any, to be paid by the Participant for each share of Restricted Stock, Restricted Stock Unit or Performance Share subject to the Award."