Fourth Amendment to Waters Corporation 1996 Employee Stock Purchase Plan

Summary

This amendment, effective July 1, 2000, modifies the Waters Corporation 1996 Employee Stock Purchase Plan. It clarifies that if there are changes in the company's outstanding common stock—such as stock splits, dividends, or mergers—the number of shares available for purchase under the plan will be adjusted accordingly. The amendment is executed by Waters Corporation and signed by its Senior Vice President of Human Resources.

EX-10.44 4 0004.txt AMENDMENT TO EMPLOYEE STOCK PURCHASE PLAN Exhibit 10.44 FOURTH AMENDMENT TO THE WATERS CORPORATION 1996 EMPLOYEE STOCK PURCHASE PLAN WHEREAS, Waters Corporation (the "Company") has established and maintains an employee stock purchase plan for the benefit of certain employees of the Company entitled the Waters Corporation 1996 Employee Stock Purchase Plan (the "Plan"); and WHEREAS, the Company desires to amend the Plan to clarify that upon a change in the outstanding shares of Common Stock that there is a corresponding change in the number of shares available under the Plan; NOW THEREFORE, in accordance with the power of amendment contained in Section 20 of the Plan, the Plan is hereby amended, effective July 1, 2000, as follows: Section 20 of the Plan is amended by adding the following paragraph at the end thereof: In the event of any changes in the outstanding Common Stock by reason of stock dividends, split-ups, spin-offs, recapitalizations, mergers, consolidations, combinations or exchanges of shares and the like, the aggregate number and class of shares available under Section 3 of the Plan and the limitations contained in Section 10 of the Plan will be appropriately adjusted. IN WITNESS WHEREOF, the Company has caused this amendment to be signed on its behalf by the duly authorized representative this 14th day of July, ---- ---- 2000. WATERS CORPORATION By: /s/ Brian K. Mazar ------------------------------- Brian K. Mazar Its: Sr. VP, Human Resources ------------------------------