Amendment to Time Accelerated Restricted Stock Award Program (TARSAP II) – July 26, 2000

Summary

This document outlines changes to the company's Time Accelerated Restricted Stock Award Program (TARSAP II) approved on July 26, 2000. The program's duration was set to six years, ending with final vesting on January 2, 2007, contingent on continued employment. The accelerated vesting schedule was revised to eliminate performance-based vesting for 2006. Additionally, it clarifies that if a change in control occurs while a participant is on salary continuation, only the next unearned vesting installment will be granted.

EX-10.1 2 a2029570zex-10_1.txt EX-10.1 Exhibit 10.1 Description of Amendment to TARSAP II July 26, 2000 This exhibit describes the amendment to the Company's Time Accelerated Restricted Stock Award Program (TARSAP II) approved July 26, 2000: 1. The Program was changed to a six year program with final longevity vesting on January 2, 2007, based on continued active employment. 2. The Program's accelerated vesting schedule was modified to remove the potential performance vesting for the year 2006. 3. The Program was clarified to provide that if a change in control occurred while a participant was on salary continuation, the participant would only receive the next vesting installment not otherwise earned.