Amendment Number Three to Cox Communications, Inc. Long-Term Incentive Plan

Summary

This amendment updates the Cox Communications, Inc. Long-Term Incentive Plan by increasing the total number of shares available for awards to 24,000,000. The amendment becomes effective upon adoption by the company's Compensation Committee, but it also requires approval by shareholders at the 2000 annual meeting. The amendment reflects the company's authority to modify the plan and ensures that any changes are subject to both board and shareholder approval.

EX-10.2 4 ex10-2.txt AMENDMENT NUMBER 3 TO LONG TERM INCENTIVE PLAN 1 EXHIBIT 10.2 AMENDMENT NUMBER THREE TO THE COX COMMUNICATIONS, INC. LONG-TERM INCENTIVE PLAN Pursuant to the power of Cox Communications, Inc. (the "Company") to amend the Cox Communications, Inc. Long-Term Incentive Plan (the "Plan"), the Plan hereby is amended as follows: 1. Section 4 of the Plan is amended by deleting the first sentence thereof in its entirety and by substituting the following therefor: "Subject to adjustment as provided in Section 10, the total number of Shares reserved and available for Awards under the Plan shall be 24,000,000." 2. The effective date of this Amendment Number Three is the date the Amendment is adopted by the Compensation Committee of the Board of Directors of the Company; subject, however, to the approval of the Amendment by the shareholders of the Company at the annual shareholder meeting of the Company to be held in the year 2000.