First Amendment to Pharmacyclics, Inc. Employee Stock Purchase Plan

Summary

This amendment, effective May 9, 2013, modifies the Pharmacyclics, Inc. Employee Stock Purchase Plan by increasing the number of shares available under the plan from 1,500,000 to 1,800,000. The amendment is executed by Manmeet S. Soni, EVP of Finance at Pharmacyclics, Inc. The agreement outlines a change to the company's employee stock purchase program, allowing more shares to be issued to eligible employees.

EX-10.38 2 a1038firstamendmenttotheph.htm ESPP AMENDMENT 1 10.38FirstAmendmenttothePharmacyclicsIncESPP

Exhibit 10.38

FIRST AMENDMENT TO THE
PHARMACYCLICS INC. EMPLOYEE STOCK PURCHASE PLAN
In accordance with Subsection A of Article IX of the Pharmacyclics, Inc. Employee Stock Purchase Plan (“Plan”), the Plan is hereby amended effective May 9, 2013 to read as follows:
1.Subsection A of Article VI of the Plan shall be amended by substituting 1,800,000 for 1,500,000.

PHARMACYCLICS, INC.

 
/s/ Manmeet S. Soni
 
By: Manmeet S. Soni
 
Title: EVP, Finance
 
Date: 1/21/14


 


2504451-1