Amendment No. 1 to Orthofix International N.V. Second Amended and Restated Stock Purchase Plan
Orthofix International N.V. is amending its Second Amended and Restated Stock Purchase Plan to increase the number of shares of common stock available for issuance from 1,850,000 to 2,350,000. This amendment, approved by the Board of Directors, is subject to shareholder approval and will take effect once shareholders approve it. The change is made by updating the relevant section of the Plan to reflect the new share amount.
Exhibit 10.2
AMENDMENT NO. 1 TO
ORTHOFIX INTERNATIONAL N.V.
SECOND AMENDED AND RESTATED
STOCK PURCHASE PLAN
WHEREAS, Orthofix International N.V. (the “Company”) has established and maintains the Second Amended and Restated Stock Purchase Plan (the “Plan”); and
WHEREAS, the Company’s Board of Directors desires to amend the Plan, subject to the approval of the Company’s shareholders, to increase the number of shares of common stock of the Company reserved and available for issuance pursuant to the Plan from 1,850,000 to 2,350,000.
NOW, THEREFORE, by virtue and in exercise of the power reserved to the Company’s Board of Directors by Section 9 of the Plan, the Plan be and hereby is amended, subject to approval by the Company’s shareholders, in the following particulars, to be effective as of the date the Company’s shareholders approve the Amendment:
1. By substituting the phrase “2,350,000 shares” for the phrase “1,850,000 shares” in Section 3(a) of the Plan.
