|
|
 | | | |
- close
- close
- close
- close
This excerpt taken from the SWY DEF 14A filed Apr 4, 2007. Amendment and Termination of the 2007 Plan
The administrator may amend the 2007 Plan at any time, subject to stockholder approval to the extent required by applicable law or regulation or the listing standards of the NYSE (or any other market or stock exchange on which the Common Stock is at the time primarily traded). Additionally, stockholder approval will be specifically required to increase the maximum number of shares of Common Stock which may be issued under the 2007 Plan, change the eligibility requirements or decrease the exercise price of any outstanding option or stock appreciation right granted under the 2007 Plan.
The administrator may suspend or terminate the 2007 Plan at any time. However, in no event may an award be granted pursuant to the 2007 Plan on or after the tenth anniversary of the effective date of the 2007 Plan.
|
| |||||||
