Amendment to InterDigital Communications Corporation Incentive Stock Option Plan
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Summary
InterDigital Communications Corporation has amended its Incentive Stock Option Plan, effective June 1, 2000, following shareholder approval of the new 2000 Stock Award and Incentive Plan. After this date, no new options can be granted under the old plan. Any shares from options that are canceled or otherwise not exercised will be transferred to the new 2000 Plan for future grants. The amendment is confirmed and ratified by the Board of Directors.
EX-10.35 11 0011.txt INCENTIVE STOCK OPTION PLAN AMENDMENT TO THE INTERDIGITAL COMMUNICATIONS CORPORATION INCENTIVE 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 optionee 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.