Fourth Amendment to 2012 Equity Incentive Plan
FOURTH AMENDMENT TO
AMENDED AND RESTATED
2012 EQUITY INCENTIVE PLAN
This Fourth Amendment to the Amended and Restated 2012 Equity Incentive Plan (the 2012 Incentive Plan ) is made pursuant to Section 12 of the 2012 Incentive Plan.
WHEREAS, the 2012 Incentive Plan was originally adopted by the Company on August 6, 2012 and approved by the shareholders on October 23, 2012; and
WHEREAS, the Board of Directors believes it would be in the best interest of the Company and its shareholders to increase the authorized shares available under the 2012 Incentive Plan.
NOW THEREFORE, Section 4 titled SHARES SUBJECT TO PLAN is hereby amended as follows:
The reference to 2,250,000 is replaced with 8,250,000, to reflect an increase in the shares reserved for use under the 2012 Incentive Plan.
All other terms and conditions of the 2012 Incentive Plan not otherwise modified hereby shall remain in full force and effect. The Amendment was approved by the Board of Directors on April 25, 2019 and submitted to the Companys shareholders for approval in connection with the Companys June 20, 2019 Annual Meeting of Shareholders.