Fourth Amendment to Range Resources Corporation 1997 Stock Option Plan

Summary

This amendment, approved by the shareholders of Range Resources Corporation on May 24, 2001, modifies the company's 1997 Stock Option Plan. It increases the number of shares of common stock reserved for issuance under the plan to 1,750,000. The shares may be either newly issued or reacquired by the company. The committee overseeing the plan will decide the source of the shares. This amendment ensures the plan remains flexible and adequately funded for future stock option grants.

EX-10.8.6 4 d94634ex10-8_6.txt 1997 STOCK PURCHASE PLAN - AMENDMENT NO. 4 EXHIBIT 10.8.6 FOURTH AMENDMENT TO THE RANGE RESOURCES CORPORATION 1997 STOCK OPTION PLAN THIS AMENDMENT (the "AMENDMENT") to the 1997 Stock Option Plan, as amended (the "PLAN"), was duly approved and adopted by the shareholders of Range Resources Corporation (the "CORPORATION") on May 24, 2001. 1. Article IV of the Plan shall be amended and restated in its entirety as follows: There shall be 1,750,000 shares of Common Stock reserved under the Plan, subject to adjustment in accordance with Article XII hereof. The shares of Common Stock subject to the Plan shall be either shares of authorized but unissued Common Stock or shares of Common Stock reacquired on the open market or otherwise for the account of the Participants. The Committee shall determine from time to time whether the shares of Common Stock shall be authorized or unissued shares or reacquired shares.