Amendment to Guilford Pharmaceuticals Inc. 1993 Employee Share Option and Restricted Share Plan

Summary

Guilford Pharmaceuticals Inc. has amended its 1993 Employee Share Option and Restricted Share Plan. The amendment allows the committee overseeing the plan to delegate its authority to grant options and restricted shares to a single member of the Board of Directors. Additionally, the total number of shares that may be issued under the plan is now capped at 3,835,000. These changes update how the plan is administered and set a new limit on share awards.

EX-10.01F 5 w84502exv10w01f.txt AMENDMENT TO 1993 OPTION PLAN Exhibit 10.01(f) AMENDMENT TO GUILFORD PHARMACEUTICALS INC. AMENDED AND RESTATED 1993 EMPLOYEE SHARE OPTION AND RESTRICTED SHARE PLAN, AS AMENDED Guilford Pharmaceuticals Inc. hereby amends the terms of the Guilford Pharmaceuticals Inc. 1993 Employee Share Option and Restricted Share Plan, as amended (the "1993 Plan") as follows: Section 3.2 of the 1993 Plan is hereby amended by the addition of the following sentence at the end of the Section: The Committee may delegate its authority under the Plan to grant Options and Restricted Shares to a one-member committee of the Board of Directors. Section 4 of the 1993 Plan is hereby amended by deleting the second sentence of Section 4 in its entirety and replacing it with the following: The number of Shares that may be issued pursuant to Incentive Awards under the Plan shall not exceed, in the aggregate, 3,835,000 Shares.