Attached files
Exhibit 10.111
AMENDMENT #9 TO 2006 CONSOLIDATED INCENTIVE PLAN, as amended ('Plan')
Effective January 27, 2017 (per Board meeting of that date), the Plan is amended as follows:
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1-
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To increase the permitted annual maximum grant of options (or other grants) to a single employee/consultant under the Plan from 1,000,000 up to 2,500,000 options (or other types of grants related to shares of common stock as authorized under the Plan) in a calendar year; and
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2-
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The Plan is further amended regarding termination of 'Employee Participants' upon death that will make their treatment equivalent to the treatment of 'Non-Employee Participants' set forth in Section 6.e) (2) (i) so that such options will terminate per the expiration date set forth in the option agreements of options held by them.
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These amendments shall control as to these provisions notwithstanding any other provisions in the Plan.