Amendment No. 1 to Ignyta, Inc. Amended and Restated 2011 Stock Incentive Plan
This amendment updates the Ignyta, Inc. 2011 Stock Incentive Plan by increasing the total number of shares available for issuance under the plan to 2,712,652. The amendment was approved by the company's Board of Directors and is effective as of December 16, 2013. The plan allows for the issuance of both new and reacquired shares as part of employee stock awards.
Exhibit 10.2
AMENDMENT NO. 1 TO THE
IGNYTA, INC.
AMENDED AND RESTATED
2011 STOCK INCENTIVE PLAN
This Amendment No. 1 to the Ignyta, Inc. Amended and Restated 2011 Stock Incentive Plan (the Plan) is effective as of December 16, 2013.
The Plan is hereby amended by amending and restating Section 3(a) to read in its entirety as follows:
(a) Subject to the provisions of Section 10 below, the maximum aggregate number of Shares which may be issued pursuant to all Awards (including Incentive Stock Options) is Two Million Seven Hundred Twelve Thousand Six Hundred Fifty-Two (2,712,652) Shares. The Shares may be authorized, but unissued, or reacquired Common Stock.
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IN WITNESS OF THE FOREGOING, the undersigned Secretary of Ignyta, Inc. (the Company), certifies that this Amendment No. 1 to the Plan was duly adopted by the Board of Directors of the Company on December 16, 2013.
/s/ Zachary Hornby |
Zachary Hornby Secretary |
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