First Amendment to Second Amended and Restated Manitex International, Inc. 2004 Equity Incentive Plan
This amendment, made by Manitex International, Inc., increases the number of company shares available for issuance under its 2004 Equity Incentive Plan from 500,000 to 917,046. The change is subject to approval by the company's stockholders at the 2013 Annual Meeting. The amendment updates the relevant section of the plan to reflect the new share limit.
Exhibit 10.2
FIRST AMENDMENT TO THE
SECOND AMENDED AND RESTATED
MANITEX INTERNATIONAL, INC.
2004 EQUITY INCENTIVE PLAN
WHEREAS, Manitex International, Inc. (“Company”), previously adopted the Second Amended and Restated Manitex International, Inc. 2004 Equity Incentive Plan (“Plan”); and
WHEREAS, the Company reserved the right to amend the Plan in Section 7(a) thereof; and
WHEREAS, subject to the approval of the Stockholders of the Company, the Company desires to amend Plan to increase the number of shares of Company common stock authorized for issuance thereunder to 917,046 from 500,000.
NOW THEREFORE, subject to the approval of the Company’s stockholders at the 2013 Annual Meeting of the Company’s Stockholders, the Plan is amended by deleting the first full sentence of Section 4(a)(i) in its entirety and replacing it with the following:
“The number of Shares with respect to which Awards may be granted under the Plan shall be 917,046 Shares.”
IN WITNESS WHEREOF, the Company has caused this Amendment to be executed as of this 8th day of March, 2013.
