First Amendment to M.D.C. Holdings, Inc. Stock Option Plan for Non-Employee Directors

Contract Categories: Business Finance › Equity Distribution Agreements
Summary

This amendment, approved by the Board of Directors of M.D.C. Holdings, Inc., changes the company's Stock Option Plan for Non-Employee Directors by setting its termination date to May 21, 2011. The amendment was made in accordance with the plan's provisions and affects the duration of the plan for eligible non-employee directors.

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EX-10.13 6 d21846exv10w13.txt FIRST AMENDMENT TO STOCK OPTION PLAN EXHIBIT 10.13 FIRST AMENDMENT TO M.D.C. HOLDINGS, INC. STOCK OPTION PLAN FOR NON-EMPLOYEE DIRECTORS Amendment to the M.D.C. Holdings, Inc. Stock Option Plan for Non-Employee Directors as approved by the Board of Directors of M.D.C. Holdings, Inc. on October 20, 2003: RESOLVED, that the M.D.C. Holdings, Inc. Stock Option Plan for Non-Employee Directors (the "Plan"), which was approved by the Company's shareholders on May 21, 2001, is hereby amended pursuant to Section 6.2 of the Plan to terminate on May 21, 2011. [End of Amendment]