Amendment to the Venator Group 1998 Stock Option and Award Plan

Summary

This amendment updates the Venator Group 1998 Stock Option and Award Plan by increasing the maximum number of shares available for issuance to 12 million, with a limit of 3 million shares for Restricted Stock and Other Stock-Based Awards. It also removes Section 5(c) and renumbers subsequent sections. The amendment clarifies the terms under which stock options and awards may be granted to eligible participants.

EX-10.2 3 y40156ex10-2.txt AMENDMENT TO STOCK OPTION AND AWARD PLAN 1 EXHIBIT 10.2 AMENDMENT TO THE VENATOR GROUP 1998 STOCK OPTION AND AWARD PLAN 1. The first sentence of Section 5(a) is hereby amended to read as follows: (a) The maximum number of shares of Stock reserved for issuance pursuant to the Plan or with respect to which Awards may be granted shall be twelve million (12,000,000) shares, subject to adjustment as provided herein, except that the number of such shares reserved for issuance as Restricted Stock and Other Stock-Based Awards shall be three million (3,000,000) shares. 2. Section 5(c) is deleted in its entirety. 3. Sections 5(d), 5(e), 5(f), and 5(g) are amended by designating them as Sections 5(c), 5(d), 5(e) and 5(f), respectively.