Attached files
Exhibit 10.2
AMENDMENT NO. 2
TO THE
SCIQUEST, INC.
2004 STOCK INCENTIVE PLAN
TO THE
SCIQUEST, INC.
2004 STOCK INCENTIVE PLAN
The SciQuest, Inc. 2004 Stock Incentive Plan (the Plan) is hereby amended as of the
Effective Date (as defined herein) as follows:
1. Amendment Regarding Number of Reserved Shares. Section 3 of the Plan is hereby
amended by deleting Section 3 in its entirety and substituting the following new Section 3
therefor:
Section 3.
Shares Subject to Stock Incentives
Shares Subject to Stock Incentives
The total number of Shares that may be issued pursuant to Stock Incentives under this
Plan (and the total number of Shares that may be issued pursuant to the exercise of ISOs
under this Plan) shall not exceed 6,615,472, as adjusted pursuant to Section 10. Such
Shares shall be reserved, to the extent that the Company deems appropriate, from authorized
but unissued Shares, and from Shares which have been reacquired by the Company.
Furthermore, any Shares subject to a Stock Incentive which remain after the cancellation,
expiration or exchange of such Stock Incentive thereafter shall again become available for
use under this Plan. Notwithstanding anything herein to the contrary, no Participant may be
granted Stock Incentives covering an aggregate number of Shares in excess of 1,200,000 in
any calendar year, and any Shares subject to a Stock Incentive which again become available
for use under this Plan after the cancellation, expiration or exchange of such Stock
Incentive thereafter shall continue to be counted in applying this calendar year Participant
limitation.
2. Effective Date. The effective date of this Amendment is February 5, 2008 (the
Effective Date).
3. Miscellaneous.
(a) Capitalized terms not otherwise defined herein shall have the meanings given them in the
Plan.
(b) Except as specifically amended hereby, the Plan shall otherwise remain in full force and
effect in accordance with its terms.
IN WITNESS WHEREOF, the Company has caused this Amendment No. 2 to the SciQuest, Inc. 2004
Stock Incentive Plan to be executed as of the Effective Date.
SCIQUEST, INC. |
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By: | /s/ Stephen J. Wiehe | |||
Stephen J. Wiehe, Chief Executive Officer | ||||