PATK » Topics » Repricing Prohibited

This excerpt taken from the PATK 8-K filed Nov 20, 2009.
Repricing Prohibited. Except as provided in Section 2.3, the Committee shall not amend any outstanding Stock Option to reduce its exercise price, and shall not grant a Stock Option with a lower exercise price to a Participant within six months to the same individual before or after a Stock Option with a higher exercise price held by such Participant is canceled.

(d)       

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