Second Amendment to Nuwellis, Inc. 2021 Inducement Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment updates the Nuwellis, Inc. 2021 Inducement Plan by increasing the total number of shares of common stock that may be issued under the plan to 46,928 shares. The change is effective as of February 23, 2023, and is made in accordance with the plan's provisions. The amendment specifically replaces the previous share limit stated in Section 3(a) of the plan.

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EX-10.1 2 brhc10049033_ex10-1.htm EXHIBIT 10.1
Exhibit 10.1
 
SECOND AMENDMENT TO
 
THE NUWELLIS, INC.
 
2021 INDUCEMENT PLAN
 
The Nuwellis, Inc. 2021 Inducement Plan, as amended (the “Plan”) is hereby amended in the following respects, effective February 23, 2023, in accordance with Section 2(b)(vi) of the Plan.
 
The first sentence of Section 3(a) of the Plan is deleted in its entirety and replaced with the following sentence:
 
“Subject to Section 9(a) relating Capitalization Adjustments, the aggregate number of shares of Common Stock that may be issued pursuant to Awards will not exceed 46,928 shares (the “Share Reserve”).”