Fourth Amendment to DealerTrack Holdings, Inc. 2001 Stock Option Plan

Summary

This amendment modifies the DealerTrack Holdings, Inc. 2001 Stock Option Plan by reducing the lock-up period for exercising stock options granted after the company's IPO from 180 days to 90 days following the effective date of the registration statement. The amendment clarifies that all other terms not specifically changed remain as defined in the original plan. The parties involved are DealerTrack Holdings, Inc. and the plan participants.

EX-10.38 2 y17081exv10w38.txt EX-10.38: FOURTH AMENDMENT TO 2001 STOCK OPTION PLAN EXHIBIT 10.38 FOURTH AMENDMENT TO DEALERTRACK HOLDINGS, INC. 2001 STOCK OPTION PLAN 1. Definitions. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the DealerTrack Holdings, Inc. 2001 Stock Option Plan, as amended (the "Plan"). 2. Exercisability of Options. Section 7(a)(i) of the Plan is hereby amended by changing the Lock-Up Period for Options granted under the Plan following the Company's IPO in the first sentence of such Section 7(a)(i) from "the 180-day period immediately following the effective date of such registration statement" to "the 90-day period immediately following the effective date of such registration statement."