Sixth Amendment to CHF Solutions, Inc. New-Hire Equity Incentive Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment updates the CHF Solutions, Inc. New-Hire Equity Incentive Plan by increasing the total number of shares of common stock available for issuance under the plan to 288,836 shares. The change is effective as of May 23, 2019, and is made in accordance with the plan's provisions. The amendment ensures that more shares can be granted to new hires as part of their equity compensation.

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EX-10.2 3 ex10_2.htm EXHIBIT 10.2
Exhibit 10.2

SIXTH
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 23, 2019, 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, 288,836 shares (the “Share Reserve”).”;