Attached files
file | filename |
---|---|
10-K - FORM 10-K - optionsXpress Holdings, Inc. | c56534e10vk.htm |
EX-21.1 - EX-21.1 - optionsXpress Holdings, Inc. | c56534exv21w1.htm |
EX-23.1 - EX-23.1 - optionsXpress Holdings, Inc. | c56534exv23w1.htm |
EX-32.1 - EX-32.1 - optionsXpress Holdings, Inc. | c56534exv32w1.htm |
EX-31.1 - EX-31.1 - optionsXpress Holdings, Inc. | c56534exv31w1.htm |
EX-31.2 - EX-31.2 - optionsXpress Holdings, Inc. | c56534exv31w2.htm |
Exhibit 10.14
AMENDMENT
TO
OPTIONSXPRESS HOLDINGS, INC.
2005 EMPLOYEE STOCK PURCHASE PLAN
OPTIONSXPRESS HOLDINGS, INC.
2005 EMPLOYEE STOCK PURCHASE PLAN
THIS AMENDMENT TO THE OPTIONSXPRESS HOLDINGS,
INC. 2005 EMPLOYEE STOCK PURCHASE PLAN (as amended
and restated May 12, 2005) (this Amendment) is
effective as of December 31, 2009.
WHEREAS, Section 16 of the 2005 Employee Stock Purchase
Plan (as amended and restated May 12, 2005) (the
ESPP) provides that the Compensation Committee may
amend the ESPP;
WHEREAS, there have been recent changes to Treasury Regulations
under Section 423 of the Internal Revenue Code of 1986, as
amended (the Code) governing the tax treatment of
ESPPs that require updates to the ESPP;
WHEREAS, the Compensation Committee has determined that pursuant
to its authority under Section 16 of the ESPP it desires to
make the amendments described herein;
NOW, THEREFORE, the Compensation Committee does hereby amend the
ESPP as follows:
1. The following new sentence shall be added at the end of
Section 7(a):
The maximum number of shares of Common Stock that each
Participant may purchase during an Offering Period is
100,000.
2. The first sentence of Section 8(b) shall be deleted
and replaced with the following sentence:
Any amount remaining to the credit of a Participants
account after the purchase of shares by the Participant on an
Exercise Date shall be refunded to the Participant, provided
that any amount which is insufficient to purchase a full share
of Common Stock shall remain in the Participants account
and be carried over to the next Offering Period, unless the
Participant withdraws from participation in the Plan or elects
to withdraw his or her account balance in accordance with
Section 10(c).
3. Continuing Force and Effect. The ESPP,
as modified by the terms of this Amendment, shall continue in
full force and effect from and after the date of the adoption of
this Amendment set forth above.