MOT » Topics » Amendment and Termination

This excerpt taken from the MOT DEF 14A filed Mar 13, 2009.
Amendment and Termination
The Board of Directors of the Company may amend the Plan at any time, provided that if stockholder approval is required for the Plan to continue to comply with the requirements of Securities and Exchange Commission Regulation Section 240.16b-3 or Section 423 of the Internal Revenue Code (the “Code”), such amendment shall not be effective unless approved by the Company’s stockholders within twelve months after the date of the adoption by the Board of Directors.
The MOTshare Plan may be terminated by the Board of Directors at any time.
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