Amendment to the 2003 Long-Term Incentive Plan Increasing Authorized Shares

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment, subject to shareholder approval, increases the number of shares available for awards under the company's 2003 Long-Term Incentive Plan from 2,500,000 to 7,000,000. The adjustment also accounts for shares related to awards that are forfeited or settled without delivery. The amendment aims to provide additional equity incentives to employees or other eligible participants as outlined in the original plan.

Read More Arrow
EX-10.A 2 c99568exv10wa.txt AMENDMENT TO THE 2003 LOG-TERM INCENTIVE PLAN Exhibit 10(a) Amendment to the 2003 Long-Term Incentive Plan RESOLVED that, subject to the approval of the Company's shareholders, the 2003 Long-Term Incentive Plan (the "2003 Plan") shall be amended to increase the number of shares authorized for issuance of Awards under Section 4(b) of the 2003 Plan from 2,500,000 to 7,000,000, subject to adjustment for Awards that are forfeited or otherwise settled without the delivery of shares, as described in the 2003 Plan (the "Amendment").