Third Amendment to Resource Bancshares Mortgage Group, Inc. Omnibus Stock Award Plan

Contract Categories: Business Finance › Equity Distribution Agreements
Summary

This amendment, subject to shareholder approval, increases the number of shares of common stock that may be issued under the Resource Bancshares Mortgage Group, Inc. Omnibus Stock Award Plan by 500,000 shares. The amendment modifies the existing stock award plan to allow for additional stock grants to eligible participants.

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EX-10.20.D 4 g67742ex10-20_d.txt THIRD AMENDMENT TO OMNIBUS STOCK AWARD PLAN 1 EXHIBIT 10.20 (D) RESOURCE BANCSHARES MORTGAGE GROUP, INC. AMENDMENT TO OMNIBUS STOCK AWARD PLAN RESOLVED, that subject to shareholder approval, the Amended and Restated Resource Bancshares Mortgage Group, Inc. Omnibus Stock Award Plan, as previously amended (the "Omnibus Plan"), be and it hereby is, amended by increasing the number of shares of the Corporation's common stock, par value $.01 per share (the "Common Stock"), that may be issued under the Omnibus plan by 500,000 (the "amendment").