Ex-10.1 Amendment to the 2000 Employee Stock Purchase Plan

Contract Categories: Business Finance - Stock Agreements
EX-10.1 2 b62613drexv10w1.txt EX-10.1 AMENDMENT TO THE 2000 EMPLOYEE STOCK PURCHASE PLAN Exhibit 10.1 DYNAMICS RESEARCH CORPORATION 2000 EMPLOYEE STOCK PURCHASE PLAN AMENDMENT Pursuant to the reserved right of the Board of Directors of Dynamics Research Corporation to at any time amend the above-titled Plan, and as authorized by action of said Board on October 25, 2006, Section 2(m) thereof is hereby revised to read in its entirety, effective November 1, 2006, as follows: "Purchase Price" shall mean an amount equal to 95% of the Fair Market Value of a share of Common Stock on the Exercise Date. EXECUTED to be effective November 1, 2006. DYNAMICS RESEARCH CORPORATION By: /s/ James P. Regan --------------------------- James P. Regan Title: Chairman, President and Chief Executive Officer