Second Amendment to Health Net, Inc. Amended and Restated 1997 Stock Option Plan
This amendment updates the Health Net, Inc. 1997 Stock Option Plan by setting a maximum limit of 500,000 shares of common stock available for all stock awards under the plan, subject to certain adjustments. The amendment clarifies the total number of shares that may be granted, ensuring compliance and transparency for plan participants and the company.
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Exhibit 10.25
Second Amendment to Amended and Restated
1997 Stock Option Plan
The Health Net, Inc. Amended and Restated 1997 Stock Option Plan is hereby amended to add the following sentence as the second sentence in Section 3.3:
"Subject to adjustment as provided in Section 6.7, the total number of shares of Common Stock available under the Plan for all Stock Awards shall not exceed 500,000 shares of Common Stock."
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- Exhibit 10.25