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Frequently Asked Questions
  Does Nasdaq require shareholder approval for an amendment that removes a provision in a plan that permits repricing?
Identification Number 235
No. Nasdaq rules require shareholder approval for a material amendment to an equity compensation plan. Removing a repricing provision would not increase the benefits available under the plan, and therefore would not be considered a material amendment requiring shareholder approval under Nasdaq's rules.
Publication Date*: 7/31/2012 Mailto Link Identification Number: 235
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