Amendment to Stock Option and Long-Term Incentive Plans of WWW.EXFILE.COM, INC. Effective May 9, 2005

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

WWW.EXFILE.COM, INC. has amended its long-term incentive plans, effective May 9, 2005, to comply with Section 402 of the Sarbanes-Oxley Act. The amendment prohibits executive officers from using promissory notes as payment when exercising awards granted under these plans. This change ensures the company's practices align with current legal requirements and corporate governance standards.

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EX-10.3 4 exh10-3_13524.htm FORM 0F STOCK OPTION PLAN AMENDMENT WWW.EXFILE.COM, INC. -- 13524 -- BOSTON SCIENTIFIC CORP. -- EXHIBIT 10.3 TO FORM 8-K

EXHIBIT 10.3

 

 

 

Form of Amendment

 

Effective May 9, 2005, each of our long-term incentive plans (the “Plans”) are amended and restated to conform to our current practice in compliance with Section 402 of the Sarbanes-Oxley Act of 2002 to prohibit executive officers from delivering promissory notes to the Company in connection with the exercise of Awards granted under the Plans.