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GWW » Topics » Amendment of Awards or 2005 Plan, and Adjustment of Awards

This excerpt taken from the GWW DEF 14A filed Mar 18, 2005.

Amendment of Awards or 2005 Plan, and Adjustment of Awards

        The Committee may at any time alter, amend, modify, suspend, or terminate the 2005 Plan or any outstanding award in whole or in part. No amendment of the 2005 Plan will be made without shareholder approval if shareholder approval is required by law. No amendment may adversely affect the rights of any participant without his or her consent under an outstanding award, unless specifically provided for in the 2005 Plan.

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