Sixth Amendment to Gentherm Incorporated 2006 Equity Incentive Plan

Contract Categories: Business Finance › Modification Agreements
Summary

This amendment updates the Gentherm Incorporated 2006 Equity Incentive Plan by clarifying the plan's name and stating that, effective May 16, 2013, no new awards can be granted under the plan. The amendment is between Gentherm Incorporated and the plan participants, and its main purpose is to formally close the plan to new equity awards after the specified date.

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EX-10.2 2 d541171dex102.htm EX-10.2 EX-10.2

EXHIBIT 10.2

SIXTH AMENDMENT TO THE

GENTHERM INCORPORATED 2006 EQUITY INCENTIVE PLAN

(F/K/A AMERIGON INCORPORATED 2006 EQUITY INCENTIVE PLAN)

1. Section 1(k) is hereby amended to read in its entirety as follows:

“(k) “Plan” shall mean this Gentherm Incorporated 2006 Equity Incentive Plan.”

2. A new sentence is hereby added to the end of Section 5 of the Plan as follows:

“Notwithstanding the foregoing, from and after May 16, 2013, no new Awards may be granted under the Plan.”