Amendment No. 2 to Loral Space & Communications Ltd. 2000 Stock Option Plan

Contract Categories: Business Finance › Stock Agreements
Summary

This amendment, effective February 14, 2001, modifies the Loral Space & Communications Ltd. 2000 Stock Option Plan by increasing the number of shares of common stock reserved for issuance under the plan to 27,000,000. All other terms and conditions of the original plan remain unchanged. The amendment is authorized by the company's Executive Committee and signed by its Vice President, General Counsel, and Secretary.

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EX-10.7.4 3 y46196ex10-7_4.txt AMENDMENT NO. 2 TO 2000 STOCK OPTION PLAN 1 AMENDMENT NO. 2 TO THE LORAL SPACE & COMMUNICATIONS LTD. 2000 STOCK OPTION PLAN This Amendment No. 2 (the "Amendment") to the Loral Space & Communications Ltd. 2000 Stock Option Plan (the "Plan") is made effective as of this 14th day of February, 2001. Pursuant to resolutions of the Executive Committee of the Board of Directors of Loral Space & Communications Ltd. (the "Company") dated February 14, 2001, the Plan is hereby amended as follows: 1. Section 3(a) of the Plan is hereby amended by increasing to 27,000,000 the number of shares of the Company's Common Stock, par value $0.01 per share, reserved for issuance under the Plan. Except as expressly provided herein, the terms and conditions of the Plan shall remain unchanged. LORAL SPACE & COMMUNICATIONS LTD. By: /s/ Avi Katz Name: Avi Katz Title: Vice President, General Counsel and Secretary