Amendment to Walker & Dunlop, Inc. Management Deferred Stock Unit Purchase Plan

Contract Categories: Business Finance › Modification Agreements
Summary

Walker & Dunlop, Inc.'s Board of Directors has amended its Management Deferred Stock Unit Purchase Plan as of November 3, 2020. The amendment increases the number of stock units available under the plan from 530,000 to 930,000. All other terms of the plan remain unchanged. This amendment is now officially part of the original plan.

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EX-10.1 2 tm2034946d1_10-1.htm EXHIBIT 10.1

 

Exhibit 10.1

 

AMENDMENT TO THE

WALKER & DUNLOP, INC.

MANAGEMENT DEFERRED STOCK UNIT PURCHASE PLAN

 

THIS AMENDMENT TO THE WALKER & DUNLOP, INC. MANAGEMENT DEFERRED STOCK UNIT PURCHASE PLAN (this “Amendment”), is made and adopted as of November 3, 2020 by the Board of Directors (the “Board”) of Walker & Dunlop, Inc., a Maryland corporation (the “Company”). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in the Walker & Dunlop, Inc. Management Deferred Stock Unit Purchase Plan (the “Plan”).

 

WHEREAS, the Plan may be amended by the Board at any time; and

 

WHEREAS, the Board desires to amend the Plan as set forth herein.

 

NOW, THEREFORE, BE IT RESOLVED, that the Plan be and hereby is amended as follows:

 

1.Section 4(a) of the Plan is hereby amended by deleting the number “530,000” and substituting the number “930,000” in lieu thereof.

 

2.This Amendment shall be and is hereby incorporated in and forms a part of the Plan.

 

3.Except as set forth herein, the Plan shall remain in full force and effect.

 

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