This excerpt taken from the ZOLL DEF 14A filed Dec 18, 2008.
Summary of Material Features
The material features of the 2006 Plan are:
The proposed 2006 Plan Amendment would increase the aggregate number of shares authorized for issuance under the 2006 Plan by 35,000 shares to 157,500 shares of Common Stock. The number of shares authorized for issuance under the 2006 Plan was previously adjusted to reflect the Companys two-for-one stock split effective February 12, 2007.
Based solely on the closing price of the Companys Common Stock as reported by the NASDAQ Global Select Market on December 5, 2008 and the maximum number of shares that would have been available for awards as of such date taking into account the proposed increase described herein, the maximum aggregate market value of the Common Stock that could potentially be issued under the 2006 Plan is $1,035,450. The shares issued under the 2006 Plan will be authorized but unissued shares or shares that the Company reacquires. The shares of Common Stock underlying any awards that are forfeited, canceled, reacquired by the Company, satisfied without any issuance of stock, expire or are otherwise terminated (other than by exercise) under the 2006 Plan are added back to the shares of Common Stock available for issuance under the 2006 Plan.