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This excerpt taken from the AAPL DEF 14A filed Jan 12, 2010. Amendment and Termination The Board may amend the 2003 Plan at any time and for any reason, provided that any such amendment will be subject to shareholder approval to the extent required by applicable laws, regulations or rules. The Board may terminate the 2003 Plan at any time and for any reason. Unless terminated earlier by the Board, the 2003 Plan will terminate on May 10, 2017, subject to any extension that may be approved by the Board and the shareholders prior to or on such date. The termination or amendment of the 2003 Plan may not adversely affect any award previously made under the plan. This excerpt taken from the AAPL DEF 14A filed Apr 16, 2007. Amendment
and Termination. The Board will have authority
to amend or terminate the Director Plan at any time. However, the Board may
not, without shareholder approval, increase the number of shares available for
issuance.
This excerpt taken from the AAPL 10-Q filed May 4, 2005. Amendment and
Termination. The Board may at
any time amend, alter, suspend or discontinue the Plan, but no amendment,
alteration, suspension or discontinuation shall be made which would impair the
rights of any participant under any option theretofore granted without his or
her consent.
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