Fourth Amendment to CHF Solutions, Inc. New-Hire Equity Incentive Plan
This amendment updates the CHF Solutions, Inc. New-Hire Equity Incentive Plan, effective May 25, 2017. It changes the maximum number of shares of common stock that can be issued under the plan to 904,387 shares. The amendment is made in accordance with the plan's provisions and ensures the share reserve is clearly defined for future stock awards to new hires.
Exhibit 10.4
FOURTH AMENDMENT
TO THE
CHF SOLUTIONS, INC.
NEW-HIRE EQUITY INCENTIVE PLAN
The CHF Solutions, Inc. New-Hire Equity Incentive Plan (the “Plan”) is hereby amended in the following respects, effective May 25, 2017, 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 the provisions of Section 9 relating to adjustments upon changes in stock, the aggregate number of shares of Common Stock that may be issued pursuant to Stock Awards after the Effective Date shall not exceed, in the aggregate, 904,387 shares (the “Share Reserve”).”
