Second Amendment to Complete Energy Services, Inc. 2003 Stock Incentive Plan

Summary

This amendment updates the Complete Energy Services, Inc. 2003 Stock Incentive Plan by changing the total number of shares of common stock that can be issued under the plan to 60,000. It also sets a limit of 10,000 shares for which options may be granted to any one participant in a calendar year. The amendment is made under the authority granted by the plan and replaces the previous terms in Section 5.1.

EX-10.9 7 h28942a1exv10w9.htm SECOND AMENDMENT TO 2003 STOCK INCENTIVE PLAN exv10w9  

Exhibit 10.9
SECOND AMENDMENT TO THE
COMPLETE ENERGY SERVICES, INC. 2003 STOCK INCENTIVE PLAN
     Pursuant to authority granted under Article X of the Complete Energy Services, Inc. 2003 Stock Incentive Plan, the first sentence of Section 5.1 is hereby deleted and replaced with the following language:
          “Section 5.1 Shares Subject to this Plan:
     Subject to adjustment in the same manner as provided in Article IX with respect to shares of Common Stock subject to Awards then outstanding, the aggregate number of shares of Common Stock that may be issued hereunder shall not exceed 60,000 shares, and the maximum number of shares of Common Stock for which Options may be granted to any one Participant during the calendar year is 10,000.