Amendment to Mobius Management Systems, Inc. 1998 Employee Stock Purchase Plan

Summary

Mobius Management Systems, Inc. has amended its 1998 Employee Stock Purchase Plan, as approved by its Board of Directors and stockholders. The amendment increases the total number of company common shares available for purchase under the plan to 650,000. These shares may be newly issued, held in treasury, or acquired by the company. Shares from expired or lapsed options will be available for future grants. This amendment ensures more shares are available for employees to purchase through the plan.

EX-10.24 2 0002.txt EMPLOYEE STOCK PURCHASE PLAN AMENDMENT Exhibit 10.24 MOBIUS MANAGEMENT SYSTEMS, INC. 1998 EMPLOYEE STOCK PURCHASE PLAN AMENDMENT Pursuant to Section 15 of the Mobius Management Systems, Inc. 1998 Employee Stock Purchase Plan (the "Plan"), and as approved by the Board of Directors of Mobius Management Systems, Inc. (the "Company") and in accordance with the resolutions of the stockholders of the Company adopted on January 7, 2000, Section 4.1 of the Plan is amended to read as follows: 4.1 The total number of shares of common stock of the Company, par value $.01 per share ("Common Stock"), which may be transferred pursuant to the Plan shall be 650,000 shares. Such shares may be authorized but unissued Common Stock or authorized and issued Common Stock held in the Company's treasury or acquired by the Company for the purpose of the Plan. Shares subject to any lapsed or expired option shall again become available for transfer pursuant to options granted or to be granted under the Plan.