First Amendment to Brookdale Senior Living Inc. Associate Stock Purchase Plan
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Summary
This amendment updates the Brookdale Senior Living Inc. Associate Stock Purchase Plan, effective December 12, 2013. It changes the number of company shares reserved for issuance under the plan, setting an initial reserve of 1,000,000 shares and providing for an automatic annual increase of 200,000 shares each year from 2010 through 2013. The amendment ensures that sufficient shares are available for employees participating in the stock purchase plan.
EX-10.1 2 exhibit10_1.htm FIRST AMENDMENT TO ASSOCIATE STOCK PURCHASE PLAN
FIRST AMENDMENT TO
BROOKDALE SENIOR LIVING INC.
ASSOCIATE STOCK PURCHASE PLAN
The Brookdale Senior Living Inc. Associate Stock Purchase Plan is hereby amended, effective December 12, 2013, as follows:
1. Section 6.1 is hereby amended and restated in its entirety to read as follows:
"RESERVED SHARES OF STOCK. The Company shall initially reserve one million (1,000,000) shares of Stock for issuance upon exercise of the options granted under this Plan. The number of shares of Stock reserved for issuance under this Plan shall automatically increase by two hundred thousand (200,000) shares the first day of each calendar year beginning January 1, 2010 and ending December 31, 2013."
