Sixth Amendment to Borders Group, Inc. Management Stock Purchase Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment updates the Borders Group, Inc. Management Stock Purchase Plan, effective March 21, 2002. It revises the definition of "Annual Bonus" to include bonuses earned under the Annual Bonus Plan or as approved by the Committee. All other terms of the Plan remain unchanged. The amendment is executed by Borders Group, Inc., represented by Gregory P. Josefowicz.

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EX-10.13 4 k68539ex10-13.txt EX-10.13 6TH AMENDMENT - MGMT. STOCK PURCHASE PLAN EXHIBIT 10.13 SIXTH AMENDMENT TO THE BORDERS GROUP, INC. MANAGEMENT STOCK PURCHASE PLAN Borders Group Management Stock Purchase Plan (as amended, the "Plan") is hereby amended in the following particulars effective as of March 21, 2002: 1. Paragraph (c) of Article 2 of the Plan is hereby amended to read as follows: "(c) "Annual Bonus" shall mean the bonus earned by a Participant under the Annual Bonus Plan or as otherwise approved by the Committee." Except as herein amended, the Plan remains in full force and effect. BORDERS GROUP, INC. By: /s/ GREGORY P. JOSEFOWICZ ------------------------------ Gregory P. Josefowicz