First Amendment to Investment Technology Group, Inc. Employee Stock Purchase Plan
This amendment updates the Investment Technology Group, Inc. Employee Stock Purchase Plan. Effective for offering periods starting on or after August 1, 2003, the price employees pay to purchase company stock will be 85% of the lower of the stock’s fair market value at the start or end of the offering period. The amendment was adopted by the committee on June 30, 2003.
Exhibit 10.3.6
Annex B
FIRST AMENDMENT TO
INVESTMENT TECHNOLOGY GROUP, INC.
EMPLOYEE STOCK PURCHASE PLAN
The Investment Technology Group, Inc. Employee Stock Purchase Plan (the “Plan”) is amended as set forth below:
1. Section 6(b) of the Plan is amended to read in its entirety as follows, effective for Offering Periods (as defined in the Plan) beginning on or after August 1, 2003:
(b) Purchase Price. Effective for all Offering Periods beginning on or after August 1, 2003, the purchase price at which each share of Stock will be purchased under a Purchase Right will equal 85% of the lesser of (i) Fair Market Value of a share of Stock on the first trading day in the Offering Period, and (ii) Fair Market Value of a share of Stock on the last trading day in the Offering Period.”
Adopted by the Committee: June 30, 2003
