This excerpt taken from the UNM DEF 14A filed Apr 11, 2005.
APPROVAL OF AMENDMENTS TO THE STOCK PLAN OF 1999
(Item 2 on the Proxy Card)
A summary of the proposed amendments and the Stock Plan of 1999 is set forth below. The summary is qualified in its entirety by reference to the full text of the Stock Plan as proposed to be amended, which is included in this Proxy Statement as Appendix B. If the Companys stockholders do not approve the proposed amendments to the Stock Plan of 1999, the plan will remain in effect in accordance with its current terms.