Amendment No. 1 to Veeco Instruments Inc. First Amended and Restated Employee Stock Purchase Plan
This amendment updates Veeco Instruments Inc.'s Employee Stock Purchase Plan by setting the total number of shares available for purchase by employees at 750,000, with provisions for adjustment and reissuance of shares as needed. The amendment was approved by the company's Board of Directors and stockholders. It clarifies how shares may be sourced and reused within the plan, ensuring continued employee participation under the revised terms.
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Exhibit 10.1
AMENDMENT NO. 1 TO
VEECO INSTRUMENTS INC.
FIRST AMENDED AND RESTATED
EMPLOYEE STOCK PURCHASE PLAN
Effective January 1, 2003
Section 3.02 of the Veeco Instruments Inc. First Amended and Restated Employee Stock Purchase Plan (the "Plan"), is hereby amended to read, in its entirety, as follows:
3.02 Number of Shares Subject to Plan
(a) The total number of shares of Stock available for Offerings under the Plan shall be 750,000 shares, subject to adjustment as set forth in paragraph (b) below. Such Stock may be authorized and unissued shares, treasury shares, or shares previously issued and reacquired by the Company. Any shares for which an Offering to purchase expires or is terminated or canceled may again be made subject to Offerings under the Plan.
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This Amendment was approved by Veeco's Board of Directors on October 24, 2002, and by its stockholders on May 9, 2003.
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- Exhibit 10.1
