Amendment to Amended and Restated TransDigm Group Incorporated 2014 Stock Option Plan Dividend Equivalent Plan
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EX-10.28 9 exhibit1028tdg202210-k.htm EX-10.28 Document
Exhibit 10.28
AMENDMENT TO
AMENDED AND RESTATED TRANSDIGM GROUP INCORPORATED
2014 STOCK OPTION PLAN DIVIDEND EQUIVALENT PLAN
WHEREAS, TransDigm Group Incorporated (the “Company”) currently maintains and sponsors the Amended and Restated TransDigm Group Incorporated 2014 Stock Option Plan Dividend Equivalent Plan (the “Plan”); and
WHEREAS, the Compensation Committee of the Board of Directors of the Company wishes to amend the Plan in accordance with the provisions of Section 5(a) of the Plan..
NOW, THEREFORE, the Plan is hereby amended as follows:
Section 4(a)(ii) of the plan is amended to change the words “record date” in two places in the first sentence to “ex-dividend date”.
This Amendment shall be effective as of October 26, 2022.
Except as modified by this Amendment, all of the terms and conditions of the Plan shall remain valid and in full force and effect.
IN WITNESS WHEREOF, this Amendment was duly adopted by the Compensation Committee on October 26, 2022.
| TRANSDIGM GROUP INCORPORATED | ||||||||
| By | /s/ Halle Martin | |||||||
| Halle Martin, General Counsel, Chief Compliance Officer and Secretary | ||||||||
