Amendment No. 7 to the Ceradyne, Inc. 1994 Stock Incentive Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment, adopted by the Board of Directors of Ceradyne, Inc. on May 20, 2002, modifies the company's 1994 Stock Incentive Plan. It increases the total number of shares of common stock that may be issued under the plan to 1,050,000, subject to further adjustments as specified in the plan. The amendment is intended to update the plan's share limit for future stock-based awards to employees or other eligible participants.

Read More Arrow
EX-10.34 4 dex1034.htm AMENDMENT NO.7 TO 1894 STOCK INCENTIVE PLAN Amendment No.7 to 1894 Stock Incentive Plan

Exhibit 10.34

AMENDMENT NO. 7
TO THE CERADYNE, INC.
1994 STOCK INCENTIVE PLAN

          The following amendment to the 1994 Stock Incentive Plan of Ceradyne, Inc., a Delaware corporation (the “Company”), was duly adopted by the Board of Directors on May 20, 2002.

          The first sentence of Section 4.1 of the Company’s 1994 Stock Incentive Plan is hereby amended to read as follows:

 

          “4.1  Shares Subject to the Plan.  A total of 1,050,000 shares of Common Stock may be issued under the Plan, subject to adjustment as to the number and type of shares pursuant to Section 4.2 hereof.”