Amendment to SurModics, Inc. 2003 Equity Incentive Plan Increasing Share Reserve

Summary

SurModics, Inc. amended its 2003 Equity Incentive Plan to increase the number of shares available for stock options and awards from 600,000 to 2,400,000. This amendment was adopted by the Board of Directors on November 15, 2004, and approved by shareholders on January 31, 2005. The total number of shares may be adjusted as outlined in the plan. The amendment ensures more shares are available for employee and director equity incentives.

EX-10.1 2 c95170exv10w1.htm AMENDMENT TO THE 2003 EQUITY INCENTIVE PLAN exv10w1

EXHIBIT 10.1

Amendment Adopted November 15, 2004 by Board of Directors
and Approved by the Shareholders on January 31, 2005
to the
SurModics, Inc.
2003 Equity Incentive Plan

The number of shares reserved and available under the Plan is increased from 600,000 shares to 2,400,000 shares by hereby amending the second sentence of Section 6 of the Plan to read in its entirety as follows:

“Two Million Four Hundred Thousand (2,400,000) shares of Option Stock shall be reserved and available for options and stock awards under the Plan; provided, however, that the total number of shares of Option Stock reserved for options and stock awards under this Plan shall be subject to adjustment as provided in Section 12 of the Plan.”