Amendment No. 1 to Telect, Inc. 2000 Employee Stock Purchase Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment updates the Telect, Inc. 2000 Employee Stock Purchase Plan by changing the plan's start date from January 1, 2001, to January 31, 2001, and lowering the maximum purchase limit from $13,000 to $12,500. The amendment was adopted by the company's Board and certified by the Secretary, Judith A. Williams, effective September 14, 2000.

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EX-10.24.1 7 v65102a1ex10-24_1.txt EXHIBIT 10.24.1 1 EXHIBIT 10.24.1 AMENDMENT NO. 1 TO TELECT, INC. 2000 EMPLOYEE STOCK PURCHASE PLAN The Telect, Inc. 2000 Employee Stock Purchase Plan (the "Plan") is hereby amended as follows. 1. The first sentence of Section 6 of the Plan is hereby amended by changing January 1, 2001" to "January 31, 2001." 2. The first sentence of Section 8.1 of the Plan is hereby amended by changing "Thirteen Thousand Dollars ($13,000)" to "Twelve Thousand Five Hundred Dollars ($12,500)". IN WITNESS WHEREOF, the undersigned Secretary of the Company certifies that the foregoing sets forth Amendment No. 1 to the Telect, Inc. 2000 Employee Stock Purchase Plan as duly adopted by the Board effective as of September 14, 2000. ---------------------------------------- JUDITH A. WILLIAMS, Secretary