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Frequently Asked Questions
  If a plan is silent on repricings, would it be a material amendment if the company were to reprice outstanding stock options?
Identification Number 221
Yes. Unless a plan specifically authorizes repricing, or a similar action, any repricing of options would be a material amendment requiring shareholder approval pursuant to Listing Rule 5635(c).
Publication Date*: 7/31/2012 Mailto Link Identification Number: 221
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