Amendment No. 1 to Extended Systems Incorporated Employee Stock Purchase Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment, effective June 30, 2000, modifies the Extended Systems Incorporated Employee Stock Purchase Plan. The change updates the definition of "Compensation" to include all gross earnings, commissions, bonuses, and other incentive compensation, but excludes overtime and shift premium payments. The amendment is made in accordance with the plan's provisions and clarifies which types of employee earnings are considered for the plan.

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EX-10.3.2 4 ex10-32_10829.txt AMENDMENMT 1 TO EMPLOYEE STOCK PURCHASE PLAN EXHIBIT 10.3.2 -------------- AMENDMENT NUMBER 1 EXTENDED SYSTEMS INCORPORATED EMPLOYEE STOCK PURCHASE PLAN Extended Systems Incorporated, pursuant to and in accordance with the provisions of Section 20 of the Extended Systems Incorporated Employee Stock Purchase Plan, does hereby amend said Plan, effective as of June 30, 2000, as follows: 1. Section 2, paragraph (e), is replaced in its entirety with the following sentence: "Compensation" shall mean all gross earnings, including commissions, bonuses and other incentive compensation, but excluding payments for overtime and shift premium.