CRC02
Apr 7 2003, 01:52 PM
A sponsor wishes to amend its 423 plan to extend the length of the option period. Does this change require shareholder approval?
GBurns
May 7 2003, 07:10 PM
A change to a Plan would require Board approval but certainly not shareholder approval.
What is a 423 Plan?
Kirk Maldonado
May 8 2003, 01:37 AM
Changing the length of the option period under a Section 423 plan does not require shareholder approval.
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