Amendment No. 1 to Science Applications International Corporation 2013 Employee Stock Purchase Plan
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Summary
This amendment updates the Science Applications International Corporation 2013 Employee Stock Purchase Plan to reflect the company's change in stock exchange listing from the New York Stock Exchange to The Nasdaq Stock Market, effective March 5, 2024. The definition of "Fair Market Value" in the plan is revised to reference the closing sales price on either exchange, as applicable. The amendment was approved by the company's Human Resources and Compensation Committee on March 26, 2024.
EX-10.2 3 saicexhibit1020503202410q.htm EX-10.2 Document
Exhibit 10.2
AMENDMENT NO. 1
TO THE
SCIENCE APPLICATIONS INTERNATIONAL CORPORATION
2013 EMPLOYEE STOCK PURCHASE PLAN
WHEREAS, Science Applications International Corporation (the “Company”) maintains the Science Applications International Corporation 2013 Employee Stock Purchase (the “Plan”) which was amended and restated effective June 7, 2023; and
WHEREAS, the Company wishes to amend the Plan to reflect the change in the Company’s listing from the New York Stock Exchange to The Nasdaq Stock Market LLC which will be effective March 5, 2024;
NOW, THEREFORE, BE IT RESOLVED, that the Plan be, and it hereby is, amended as follows:
1.Effective March 5, 2024, the first sentence of Subsection 2(j), the definition of “Fair Market Value” is hereby deleted and replaced with the following:
(j) “Fair Market Value” means, as of any Value Date, the closing sales price as quoted for a Share on the New York Stock Exchange or The Nasdaq Stock Market LLC (as applicable) for the day before the Value Date, as reported in The Wall Street Journal or a similar publication.
Approved by the Human Resources and Compensation Committee on March 26, 2024.
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