First Amendment to Amended and Restated Incentive Plan of Carrizo Oil & Gas, Inc.
Carrizo Oil & Gas, Inc. has amended its existing Incentive Plan, effective May 16, 2012, to increase the total number of shares of common stock available for issuance from 4,395,000 to 7,245,000. This amendment allows the company to grant more stock-based awards to employees or other eligible participants under the plan. The amendment was executed by the company's Vice President and Chief Financial Officer.
Exhibit 10.1
INCENTIVE PLAN
OF
CARRIZO OIL & GAS, INC.
(As Amended and Restated Effective April 30, 2009)
FIRST AMENDMENT
Carrizo Oil & Gas, Inc., a Texas corporation (the “Company”), having reserved the right under Section 13 of the Incentive Plan of Carrizo Oil & Gas, Inc., as amended and restated effective April 30, 2009 (the “Plan”), to amend the Plan for any purpose permitted by law, does hereby amend the Plan as set forth below.
The Plan is hereby amended, effective May 16, 2012, to increase the aggregate number of shares of the Company’s common stock available for issuance under the Plan by deleting the number “4,395,000” from Section 5 of the Plan and replacing said number with the number “7,245,000.”
IN WITNESS WHEREOF, this First Amendment has been executed effective as of May 16, 2012.
| CARRIZO OIL & GAS, INC. |
| /s/ Paul F. Boling |
| Paul F. Boling Vice President, Chief Financial Officer, Secretary and Treasurer |
