ContractAmendment to Stock Option and Rsu Grants • February 28th, 2008 • Elan Corp PLC • Pharmaceutical preparations
This action is a significant improvement for you as, prior to this amendment, for the acceleration of vesting and extension of the period of time to exercise your stock options to occur, your termination without Cause or resignation for Good Reason had to occur within the two year period following a Change in Control of the Company (as defined in your grant agreements).
