Amendment No. 1 to Boulder Brands, Inc. 2012 Inducement Award Plan

Summary

This amendment, effective December 23, 2013, updates the Boulder Brands, Inc. 2012 Inducement Award Plan. The company's board of directors has approved an increase in the total number of shares available for issuance under the plan to 3,300,000 shares. The amendment is intended to support the company's interests and those of its shareholders by allowing for more awards to be granted to eligible participants.

EX-10.11.1 2 bdbd123113ex-10111.htm AMENDMENT 1 TO 2012 INDUCEMENT AWARD PLAN BDBD 12.31.13 EX - 10.11.1

AMENDMENT 1

TO THE

BOULDER BRANDS, INC. 2012 INDUCEMENT AWARD PLAN

WHEREAS, Boulder Brands, Inc. (the “Company”), established the Company 2012 Inducement Award Plan (the “Plan”) effective as of July 2, 2012; and

WHEREAS, pursuant to Sections 8(b) of the Inducement Plan, the board of directors of the Company (the “Board”) may amend the Plan at any time; and

WHEREAS, the Board desires to amend the Plan to increase the aggregate number of shares that are reserved for issuance under the Plan; and

WHEREAS, the Board has determined this amendment to be in the best interests of the Company and its stockholders; and

NOW, THEREFORE, in consideration of the premises, the Plan is hereby amended as follows:

1. The first sentence of Section 2(a) shall be amended and restated in its entirety to read as follows:

An aggregate of 3,300,000 Shares are reserved for issuance under this Plan.

2. This amendment shall be effective as of December 23, 2013.