Stamps.com 2015 Annual Report Download - page 94
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Please find page 94 of the 2015 Stamps.com annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Exhibit 10.22
2014 AMENDMENT
TO THE
STAMPS.COM INC. 2010 EQUITY INCENTIVE PLAN
PursuanttoSection20.2oftheStamps.comInc.2010EquityIncentivePlan(the“Plan”),andtheactionoftheBoardofDirectorsofStamps.comInc.(the
“Company”), the Company hereby adopts this Amendment to the Plan. This Amendment is effective September 9, 2014. Capitalized terms used in this
Amendment,butnotdefinedherein,shallhavetherespectivemeaningsforsuchtermssetforthinthePlan.
ThePlanisamendedinthefollowingrespectsonly:
1. AnewdefinitionisaddedtoSection2ofthePlantoreadasfollows:
“2014PlanAmendment”meanstheamendmenttothisPlanadoptedbyactionoftheBoardeffectiveSeptember9,2014,increasingthenumber
ofsharesofStockandStockequivalentsreservedandavailableforthegrantofAwardsunderthisPlanassetforthinSection3.1.
2. ThefirstsentenceofSection3.1ofthePlanisamendedtoreadasfollows:
ThemaximumaggregatenumberofsharesofStockandStockequivalentsreservedandavailableforthegrantofAwardsunderthisPlanisthe
threemillionfivehundredthousand(3,500,000)sharesoriginallysetforthinthisPlanplusanadditionaltwomilliononehundredthousand(2,100,000)
sharesaddedbythe2014PlanAmendment,ineachcasecalculatedinaccordancewithSection3.2.
3. Section21.2AisaddedtothePlantoreadasfollows:
21.2A.StockholderApprovalof2014PlanAmendment.The2014PlanAmendmentissubjecttoapprovalbythestockholdersoftheCompany
withintwelve(12)monthsaftertheeffectivedateofthe2014PlanAmendment.NoAwardsofRestrictedStockorRestrictedStockUnitsmaybegranted
(oranyotherissuancesofsharesofStockmade)withrespecttothesharesofStockaddedtothePlanbythe2014PlanAmendmentunlessanduntilsuch
stockholderapprovalisobtained.AwardsofOptionsandStockAppreciationRightsmaybegrantedwithrespecttothesharesofStockaddedtothePlan
bythe2014PlanAmendmentpriortosuchstockholderapproval,providedthatanysuchOptionsandStockAppreciationRightsmaynotbeexercisedor
becomeexercisableunlessanduntilsuchstockholderapprovalisobtained.Suchstockholderapprovalshallbeobtainedinthemannerandtothedegree
requiredunderApplicableLaws.
ExecutedonSeptember9,2014,atElSegundo,California.
STAMPS.COMINC.
By:
Title: