2007 Amendment to Stock Incentive Plan for Outside Directors
This amendment, effective February 12, 2007, modifies the Stock Incentive Plan for Outside Directors. It updates Section 9 to clarify that if there is a stock split, stock dividend, or similar event affecting the number of outstanding shares, the number of shares and exercise price for any outstanding stock options will be adjusted accordingly. The amendment ensures that these adjustments do not increase the rights or benefits of the option holders beyond what was originally granted.
EXHIBIT 10.2(b)
2007 AMENDMENT TO
THE STOCK INCENTIVE PLAN
FOR OUTSIDE DIRECTORS
The Board amends the Plan, effective February 12, 2007, as follows:
Section 9 is hereby amended by replacing the text of the current first sentence with the following text:
In the event of any stock split, stock dividend or similar transaction which increases or decreases the number of shares of the Common Stock outstanding, appropriate adjustment shall be made to the number of shares and exercise price per share under any options outstanding. All such adjustments will be effected in a manner that precludes the enlargement of rights and benefits under outstanding option awards.
