Amendment to PartnerShares Stock Option Plan Reflecting Two-for-One Stock Split

Contract Categories: Business Finance › Modification Agreements
Summary

This amendment updates the PartnerShares Stock Option Plan to account for a two-for-one stock split, issued as a 100 percent stock dividend on August 11, 2006, to shareholders of record as of August 4, 2006. The amendment changes the number of shares available for awards under the plan to 108,000,000, reflecting both the 1997 and 2006 stock splits. The amendment ensures the plan accurately represents the increased number of shares resulting from the stock splits.

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EX-10.(C) 4 f24614exv10wxcy.htm EXHIBIT 10.(C) exv10wxcy  

Exhibit 10(c)
Amendment to PartnerShares Stock Option Plan (the “Plan”)
Effective August 4, 2006, to reflect the two-for-one stock split in the form of a 100 percent stock dividend on the Company’s common stock distributed August 11, 2006, to holders of record on August 4, 2006, the first sentence of Section 3.1 of the Plan was amended to read:
“An aggregate of 108,000,000 Shares (as adjusted to reflect the October 10, 1997 and August 11, 2006 two-for-one stock splits) are available for Awards and as a basis for calculating Awards under the Plan.”