Amendment No. 1 to Brightcove Inc. 2012 Stock Incentive Plan
Brightcove Inc. has amended its 2012 Stock Incentive Plan to clarify how shares from forfeited, canceled, or otherwise terminated awards are handled. The amendment specifies that such shares, including those from the company's prior stock plan, will be added back to the pool of shares available for future issuance under the plan. This change was approved by the Board of Directors on April 27, 2015.
Exhibit 10.1
BRIGHTCOVE INC.
AMENDMENT NO. 1 TO THE
2012 STOCK INCENTIVE PLAN
The Brightcove Inc. 2012 Stock Incentive Plan (the “Plan”) is hereby amended as follows:
The third sentence of Section 3(a) of the Plan is hereby amended by deleting it and replacing it with the following:
“The shares of Stock underlying any Awards under the Plan and under the Company’s Amended and Restated 2004 Stock Option and Incentive Plan that are forfeited, canceled, held back upon exercise of an Option or settlement of an Award to cover the exercise price or tax withholding, reacquired by the Company prior to vesting, satisfied without the issuance of Stock or otherwise terminated (other than by exercise) shall be added back to the shares of Stock available for issuance under the Plan.”
| ADOPTED BY THE BOARD OF DIRECTORS: | April 27, 2015 |
