First Amendment to INX Inc. 2008 Employee Stock Purchase Plan

Summary

This amendment, made by INX Inc., modifies the 2008 Employee Stock Purchase Plan to increase the number of shares of common stock available for employees to purchase to 1,250,000 shares. All other terms of the original plan remain unchanged. The amendment is governed by Texas law.

EX-10.2 3 ex10-2.htm FIRST AMENDMENT TO INX INC. 2008 EMPLOYEE STOCK PURCHASE PLAN AMENDMENT ex10-2.htm

Exhibit 10.2

FIRST AMENDMENT TO

INX INC. 2008 EMPLOYEE STOCK PURCHASE PLAN

WHEREAS, INX Inc. (“INX") maintains the INX Inc. 2008 Employee Stock Purchase Plan (the "Plan");

WHEREAS, Section 19 of the Plan permits amendment to the Plan at any time and for any reason; and

WHEREAS, amendment of the Plan is now considered desirable to increase the number of shares of INX common stock available for purchase under the Plan;

NOW, THEREFORE, BE IT RESOLVED that by virtue and in exercise of the amending power reserved to INX under the Plan, the Plan shall be, and hereby is, amended in the following particulars:

By substituting the following for the first sentence of section 13(a) of the Plan:

“Subject to adjustment as provided in Section 18, the maximum number of Shares which shall be made available for sale under the Plan shall be one million two-hundred fifty thousand (1,250,000) Shares.”

FURTHER RESOLVED, except as specifically provided hereby, the Plan shall continue in full force and effect in accordance with the provisions thereof; and

FURTHER RESOLVED, this amendment shall be construed in accordance with and governed by the law of the State of Texas.