Amendment to Standard Microsystems Corporation 2006 Directors Stock Appreciation Rights Plan
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Summary
Standard Microsystems Corporation's Board of Directors approved an amendment to the 2006 Directors Stock Appreciation Rights Plan on April 9, 2008. The amendment increases the number of stock appreciation rights available under the plan from 200,000 to 400,000. This change allows for more rights to be granted to directors under the plan.
EX-10.39 3 k25963exv10w39.htm AMENDMENT TO 2006 DIRECTORS STOCK APPRECIATION RIGHTS PLAN exv10w39
Exhibit 10.39*
On April 9, 2008 the Board of Directors of the Registrant adopted the following resolution amending to the Standard Microsystems Corporation 2006 Directors Stock Appreciation Rights Plan (the “2006 Directors Plan”):
RESOLVED, that paragraph 4 of the 2006 Directors Plan is hereby amended by deleting the word “200,000” and replacing it with the word “400,000”.
