First Amendment to the Amended and Restated BioMarin Pharmaceutical Inc. Nonqualified Deferred Compensation Plan

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment, effective June 4, 2019, updates the definition of 'Restricted Stock Compensation' in BioMarin Pharmaceutical Inc.'s Nonqualified Deferred Compensation Plan. The revised definition now includes restricted stock, restricted stock units, phantom stock, or similar awards, as well as shares resulting from the vesting of such awards. No other terms of the plan are changed by this amendment.

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EX-10.1 2 exhibit101.htm EXHIBIT 10.1 Exhibit
Exhibit 10.1

FIRST AMENDMENT TO
THE AMENDED AND RESTATED
BIOMARIN PHARMACEUTICAL INC. (the “Company”)
NONQUALIFIED DEFERRED COMPENSATION PLAN (the “Plan”)
(as amended and restated on October 7, 2014)

Effective Date: June 4, 2019

1.
Subsection 1.26 of the Plan is amended and restated in its entirety to read as follows:

1.26
“Restricted Stock Compensation,” means any restricted stock, restricted stock unit, phantom stock or similar award granted by the Employer to a Participant under any Employer-sponsored equity compensation plan and shares of Company stock resulting from the vesting of any such equity award.

2.
The modifications set forth above shall not affect any other provisions of the Plan.