Guest CRC02 Posted April 7, 2003 Posted April 7, 2003 A sponsor wishes to amend its 423 plan to extend the length of the option period. Does this change require shareholder approval?
GBurns Posted May 8, 2003 Posted May 8, 2003 A change to a Plan would require Board approval but certainly not shareholder approval. What is a 423 Plan? George D. Burns Cost Reduction Strategies Burns and Associates, Inc www.costreductionstrategies.com(under construction) www.employeebenefitsstrategies.com(under construction)
Kirk Maldonado Posted May 8, 2003 Posted May 8, 2003 Changing the length of the option period under a Section 423 plan does not require shareholder approval. Kirk Maldonado
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