First Amendment to The Hain Celestial Group, Inc. 2022 Long Term Incentive and Stock Award Plan
Exhibit 10.1
FIRST AMENDMENT TO
THE HAIN CELESTIAL GROUP, INC.
2022 LONG TERM INCENTIVE AND STOCK AWARD PLAN
The Hain Celestial Group, Inc. 2022 Long Term Incentive and Stock Award Plan (the “2022 Plan”) is hereby amended in the manner set forth below, such amendment to be effective as of the effective time of approval of this First Amendment to the 2022 Plan (the “Amendment”) by the shareholders of The Hain Celestial Group, Inc.
Notwithstanding the foregoing, the Amendment shall only become effective if it is approved by the Company’s shareholders at the Company’s 2024 Annual Meeting of Shareholders, or any adjournment thereof.
1. The first sentence of Section 4(a) of the 2022 Plan is deleted and replaced in its entirety with the following:
“Subject to the counting mechanics and adjustment as provided in Section 4(b) and 4(e) hereof, the total number of Shares reserved for issuance in connection with Awards under the Plan shall be 12,950,000, less one Share for each Share subject to an award granted under the Prior Plan or the Company’s 2019 Equity Inducement Award Program with a grant date after September 30, 2022.”
2. Except for the changes set forth above, the 2022 Plan remains in full force and effect.
