Amendment No. 1 to Vascular Solutions, Inc. Stock Option and Stock Award Plan (as Amended January 25, 2006)
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Summary
This amendment, dated April 22, 2011, updates the definition of "Outside Director" in Vascular Solutions, Inc.'s Stock Option and Stock Award Plan. The new definition clarifies that an Outside Director is a board member who is neither an employee nor the Chairman of the Board. All other terms of the plan, as previously amended in 2006, remain unchanged.
EX-10.2 3 ex10_2.htm EXHIBIT 10.2 ex10_2.htm
Exhibit 10.2
AMENDMENT #1 DATED APRIL 22, 2011 TO
VASCULAR SOLUTIONS, INC.
STOCK OPTION AND STOCK AWARD PLAN
AS AMENDED JANUARY 25, 2006
1. The second sentence of Section 19 (a) (i) is amended and restated to read as follows:
As used herein, “Outside Director” means a member of the Corporation’s Board of Directors who is not an employee of the Corporation or the Chairman of the Board.
All other terms of the Stock Option and Stock Award Plan as amended January 25, 2006 remain unchanged and in effect.
