AMENDMENT NO. 1 TO 2000 STOCK OPTION/STOCK ISSUANCE PLAN
Exhibit 10.2.1
AMENDMENT NO. 1
TO
2000 STOCK OPTION/STOCK ISSUANCE PLAN
The 2000 Stock Option/Stock Issuance Plan of Newgistics, Inc. (the “Plan”) is hereby amended, effective as of July 5, 2001, as follows:
| 1. | The second sentence of Article I, Section V.A. of the Plan is hereby amended to be and read in its entirety as follows: |
“The maximum number of shares of Common Stock which may be issued over the term of the Plan shall not exceed 36,000,000 shares.”
| 2. | Except as modified by this Amendment No. 1, all the terms and provisions of the Plan shall continue in full force and effect. |
IN WITNESS WHEREOF, Newgistics, Inc. has caused this Amendment No. 1 to be executed on its behalf by its duly authorized officer as of the 5th of July, 2001.
| NEWGISTICS, INC. | ||
| By: | /s/Clarence J. Gabriel, Jr. | |
| Clarence J. Gabriel, Jr. | ||
| President and Chief Executive Officer | ||
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