Second Amendment to Comshare, Incorporated 1998 Global Employee Stock Option Plan

Summary

This amendment, effective February 16, 2001, modifies the Comshare, Incorporated 1998 Global Employee Stock Option Plan. It changes the rules regarding how long employees have to exercise their stock options after leaving the company. Generally, options expire 90 days after employment ends, unless the employee leaves due to death or disability. However, the Committee may allow options to vest or remain exercisable for a longer or shorter period, but not beyond the original expiration date. The amendment is executed by Comshare, Incorporated and signed by its Vice President and CFO.

EX-10.08 9 k62543ex10-08.txt SECOND AMENDMENT TO GLOBAL EMPLOYEE STOCK OPTION 1 EXHIBIT 10.08 SECOND AMENDMENT TO THE COMSHARE, INCORPORATED 1998 GLOBAL EMPLOYEE STOCK OPTION PLAN Pursuant to resolutions adopted by the Board of Directors of Comshare, Incorporated on February 16, 2001, the 1998 Global Employee Stock Option Plan (the "Plan") is hereby amended as set forth below. Effective February 16, 2001, the first two sentences in Section 8 "Termination of Employment" shall be amended and restated in their entirety to read as follows: Upon the expiration of a period of ninety (90) days after the termination of employment of an optionee for any reason other than death or disability as defined in Section 22(e) of the Code, all rights to purchase shares pursuant to an exercisable option shall expire and terminate; provided, however, that the Committee, in its sole discretion, may permit an option to continue to vest and/or expire later than ninety (90) days following an optionee's termination of employment but not later than the original expiration date of the option. The Committee also may determine that an option granted under the Plan shall terminate at a time prior to ninety (90) days following termination of employment. THIS SECOND AMENDMENT to the Comshare, Incorporated 1998 Global Employee Stock Option Plan is hereby executed as of February 16, 2001. COMSHARE, INCORPORATED By: /s/ Brian Jarzynski -------------------- Brian Jarzynski Vice President and Chief Financial Officer