Amendment to Endologix, Inc. 2017 Inducement Stock Incentive Plan (Section 4.2(a))
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Summary
This amendment, effective September 10, 2019, updates Section 4.2(a) of the Endologix, Inc. 2017 Inducement Stock Incentive Plan. The change clarifies that each share of stock subject to an award will count as one share against the plan's share limit. All other terms of the plan remain unchanged. The amendment was approved by the company's Board of Directors.
EX-10.1 2 elgx_ex101x2017xinducement.htm EXHIBIT 10.1 Exhibit
Exhibit 10.1
AMENDMENT TO ENDOLOGIX, INC.
2017 Inducement Stock Incentive Plan
Effective as of September 10, 2019 and pursuant to approval by the Board of Directors of Endologix, Inc. on September 10, 2019, Section 4.2(a) of the Endologix, Inc. 2017 Inducement Stock Incentive Plan, as amended (the “Plan”), is hereby amended and restated, to read in its entirety as follows:
“4.2(a) Share Counting.
(a) Each share of Stock subject to an Award shall be counted against the limit set forth in Section 4.1 as one (1) share.”
Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Plan. Except as herein provided, all provisions of the Plan shall remain in full force and effect.
