First Amendment to Intelligroup, Inc. 2004 Equity Incentive Award Plan

Summary

This amendment, adopted by Intelligroup, Inc. on September 24, 2004, modifies the company's 2004 Equity Incentive Award Plan. The key change is a reduction in the number of shares available under the plan from 2,500,000 to 1,100,000. The amendment was approved by the Compensation Committee of the Board of Directors and is effective immediately. All other terms of the original plan remain unchanged.

EX-10.1 3 b401362ex10-1.txt EXHIBIT 10.1 Exhibit 10.1 FIRST AMENDMENT TO THE INTELLIGROUP, INC. 2004 EQUITY INCENTIVE AWARD PLAN Intelligroup, Inc. (the "Company"), a corporation organized under the laws of the State of New Jersey, has previously adopted the Intelligroup, Inc. 2004 Equity Incentive Award Plan (the "Plan"). In order to amend the Plan in certain respects, this First Amendment to the Plan has been adopted by a resolution of the Compensation Committee of Board of Directors of the Company on September 24, 2004, effective as set forth below. This First Amendment to the Plan, together with the Plan, constitutes the entire Plan as amended to date. 1. Effective as of September 24, 2004, Section 3.1(a)(i) of the Plan is hereby amended by replacing the number "2,500,000" with the number "1,100,000". * * * * * * * * Executed this 24th day of September, 2004. INTELLIGROUP, INC. By: /s/ Christian Misvaer ------------------------------ Officer