Amendment to Cognex Corporation 1998 Non-Employee Director Stock Option Plan

Contract Categories: Business Finance Stock Agreements
Summary

This amendment, effective July 26, 2007, modifies the Cognex Corporation 1998 Non-Employee Director Stock Option Plan by reducing the number of shares of common stock available for issuance under the plan by 10,250 shares. All other terms of the plan remain unchanged. The amendment is executed by an authorized officer of Cognex Corporation.

EX-10.C 4 d434050dex10c.htm AMENDMENT TO COGNEX CORPORATION 1998 NON-EMPLOYEE DIRECTOR STOCK OPTION PLAN Amendment to Cognex Corporation 1998 Non-Employee Director Stock Option Plan

EXHIBIT 10C

AMENDMENT

TO

COGNEX CORPORATION

1998 NON-EMPLOYEE DIRECTOR STOCK OPTION PLAN

 

A. The Cognex Corporation 1998 Non-Employee Director Stock Option Plan (the “Plan”) is hereby amended by adding the following sentence at the end of Section 2:

“Notwithstanding the foregoing, the number of shares of Common Stock otherwise available for issuance under this Plan is hereby reduced by 10,250 shares.”

 

B. Except as otherwise amended herein, the Plan is confirmed in all other respects.

 

C. This Amendment is effective as of July 26, 2007.

Executed this 14th day of August, 2007, by and on behalf of Cognex Corporation by its duly authorized officer.

 

COGNEX CORPORATION
By:   /s/ Anthony J. Medaglia, Jr.
  Anthony J. Medaglia, Jr.
  Secretary