Amendment to 1998 Stock Incentive Plan of Network Plus Corp.

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

Network Plus Corp. has amended its 1998 Stock Incentive Plan to increase the number of shares of common stock available for issuance from 9,000,000 to 18,000,000. This amendment was adopted by the Board of Directors on April 17, 2001, and approved by the stockholders on May 7, 2001. The change is subject to stockholder approval and affects the company's stock-based compensation program for employees and other eligible participants.

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EX-10.1A 3 b39274npex10-1a.txt AMEND. TO 1998 STOCK INCENTIVE PLAN 1 AMENDMENT TO THE 1998 STOCK INCENTIVE PLAN OF NETWORK PLUS CORP. Subsection 4(a) of the 1998 Stock Incentive Plan (the "Plan") of Network Plus Corp. is hereby amended, subject to stockholder approval, to increase from 9,000,000 to 18,000,000 the number of shares of Common Stock, $.01 par value per share, authorized for issuance under the Plan. Adopted by the Board of Directors on April 17, 2001 Approved by the Stockholders on May 7, 2001