RFMI » Topics » 13. A MENDMENT OF THE P LAN AND S TOCK A WARDS .

This excerpt taken from the RFMI 10-K filed Nov 17, 2005.

13. AMENDMENT OF THE PLAN AND STOCK AWARDS.

 

(a) The Board at any time, and from time to time, may amend the Plan.

 

(b) The Board, in its sole discretion, may submit the Plan and/or any amendment to the Plan for stockholder approval

 

(c) It is expressly contemplated that the Board may amend the Plan in any respect the Board deems necessary or advisable to provide eligible with the maximum benefits provided or to be provided under the provisions of the Code and the regulations promulgated thereunder.

 

(d) Rights and obligations under any Stock Award granted before amendment of the Plan shall not be impaired by any amendment of the Plan unless (i) the Company requests the consent of the person to whom the Stock Award was granted and (ii) such person consents in writing.

 

(e) The Board at any time, and from time to time, may amend the terms of any one or more Stock Award; provided, however, that the rights and obligations under any Stock Award shall not be impaired by any such amendment unless (i) the Company requests the consent of the person to whom the Stock Award was granted and (ii) such person consents in writing.

 

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