Amendment to ChatChing Inc. Employee/Consultant Benefit Plan (December 15, 2011)
Contract Categories:
Business Finance
›
Modification Agreements
Summary
This amendment updates Section 12 of the ChatChing Inc. Employee/Consultant Benefit Plan. It allows the Board of Directors to modify or amend the plan at any time, as long as changes do not negatively impact the current interests or expectations of existing consultants or participants. The Board must provide reasonable notice of any changes to qualified consultants through the company's website, and all modifications must be made in writing.
EX-4.2 2 chatching_ex42.htm FORM OF AMENDMENT TO EMPLOYEE/CONSULTANT BENEFIT PLAN chatching_ex42.htm
EXHIBIT 4.2
ChatChing Inc.
Employee/Consultant Benefit Plan
Amendment to plan dated December 15, 2011
Section 12 of the Plan is amended in its entirety to read:
12. Amendment of the Plan. The Board of Directors may at any time modify or amend the Plan in any respect; provided, however, any such amendments may not adversely affect then-existing interests or expectations of then-existing Consultants or other participants. The Board will give reasonable notice of any such modification or amendment to Qualified Consultants through the Site. The Plan may only be modified in writing as set forth in this Section.
