Amendment to InterDigital Communications Corporation Non-Qualified Stock Option Plan

Summary

InterDigital Communications Corporation has amended its Non-Qualified Stock Option Plan, effective June 1, 2000, following shareholder approval of the 2000 Stock Award and Incentive Plan. The amendment states that no new stock options will be granted under the old plan after this date. Any shares from options that are canceled or otherwise not delivered will be transferred to the new 2000 Plan for future grants. The rest of the original plan remains unchanged.

EX-10.31 7 0007.txt NON-QUALIFIED STOCK OPTION PLAN AMENDMENT TO THE INTERDIGITAL COMMUNICATIONS CORPORATION NON-QUALIFIED STOCK OPTION PLAN The Board of Directors of InterDigital Communications Corporation has caused the above-referenced plan (the "Plan") to be amended as follows, effective as of the approval by the Company's shareholders of the 2000 Stock Award and Incentive Plan (the 2000 Plan") on June 1, 2000: Section 4 of the Plan is hereby amended by deleting in the section in its entirety and replacing it with the following: "Effective June 1, 2000, no further Options may be granted under this Plan. Shares subject to an Option that is canceled, expired, forfeited, settled in cash or otherwise terminated without a delivery of shares to the Participant after June 1, 2000 shall return to the 2000 Plan and become available for future grant under the 2000 Plan." The Plan, as amended by the foregoing change, is hereby ratified and confirmed in all respects.