First Amendment to Ohr Pharmaceutical, Inc. Amended and Restated 2014 Stock Incentive Plan
This amendment updates the Ohr Pharmaceutical, Inc. 2014 Stock Incentive Plan by increasing the number of shares available for awards to 2,750,000. The amendment was approved by the company's Board of Directors on January 6, 2015, and by its stockholders on March 10, 2015. The plan allows the company to grant stock-based awards to eligible participants using either newly issued or previously acquired shares.
Ohr Pharmaceutical, Inc. 10-K
Exhibit 10.8(b)
FIRST AMENDMENT
TO
OHR PHARMACEUTICAL, INC.
AMENDED AND RESTATED 2014 STOCK INCENTIVE PLAN
This First Amendment (this “Amendment”) is to be effective as of March 31, 2014.
1. Section 4(a) of the Ohr Pharmaceutical, Inc. 2014 Stock Incentive Plan is amended and restated in its entirety as follows:
“(a) Number of Shares Available for Awards. The shares subject to Awards granted under the Plan shall be 2,750,000 Shares. Such Shares subject to the Plan may be either authorized and unissued Shares (which will not be subject to preemptive rights) or previously issued Shares acquired by the Company or any Affiliate.
2. This Amendment was duly adopted and approved by the Board of Directors of Ohr Pharmaceutical, Inc. (the “Company”) on January 6, 2015 and by the stockholders of the Company on March 10, 2015.