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As Of Filer Filing For·On·As Docs:Size Issuer Agent 8/04/10 KAR Auction Services, Inc. 10-Q 6/30/10 9:1.4M RR Donnelley/FA |
Document/Exhibit Description Pages Size
1: 10-Q Quarterly Report HTML 934K
2: EX-10.60 Amendment No. 1 to Kar Auction Services, Inc. HTML 11K
Employee Stock Purchase Plan
3: EX-10.61 Amendment No. 2 to Kar Auction Services, Inc. HTML 9K
Employee Stock Purchase Plan
4: EX-10.62 Kar Auction Services, Inc. Directors Deferred HTML 79K
Compensation Plan
5: EX-10.63 Form of Director Restricted Share Agreement HTML 29K
6: EX-31.1 Certification of C.E.O. Pursuant to Section 302 HTML 13K
7: EX-31.2 Certification of C.F.O. Pursuant to Section 302 HTML 13K
8: EX-32.1 Certification of C.E.O. Pursuant to Section 906 HTML 8K
9: EX-32.2 Certification of C.F.O. Pursuant to Section 906 HTML 8K
| Amendment No. 2 to KAR Auction Services, Inc. Employee Stock Purchase Plan |
EXHIBIT 10.61
AMENDMENT NO. 2
TO THE
KAR AUCTION SERVICES, INC. EMPLOYEE STOCK PURCHASE PLAN
WHEREAS, KAR Auction Services, Inc. (the “Company”) maintains the KAR Auction Services, Inc. Employee Stock Purchase Plan (the “Plan”);
WHEREAS, the Company desires to amend the Plan as set forth below;
NOW, THEREFORE, the Plan is hereby amended, effective April 1, 2010, as follows:
| 1. | The paragraph of Section 1.2 beginning the words “Exercise Date” is amended by adding to the end thereof the following sentence: |
The Exercise Date constitutes the “date of grant of the option” for purposes of Section 423 of the Code.
| 2. | Section 3.3 is replaced in its entirety by the following: |
Notwithstanding any provisions of the Plan to the contrary, no Employee shall be granted an option under the Plan if, immediately after the grant, such Employee’s right to purchase Common Stock under all employee stock purchase plans (as defined in Section 423 of the Code) of the Company and any related company would accrue at a rate which exceeds $25,000 in Fair Market Value of such Common Stock (determined at the time such purchase right is granted) for each calendar year in which such purchase right would be outstanding at any time.
IN WITNESS WHEREOF, this Amendment has been duly executed and delivered as of the date and the year first written above.
| KAR AUCTION SERVICES, INC. | ||
| /S/ JAMES P. HALLETT | ||
| By: | James P. Hallett | |
| Title: | Chief Executive Officer | |
| This ‘10-Q’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on: | 8/4/10 | 424B3, S-8 | ||
| For Period End: | 6/30/10 | |||
| 4/1/10 | ||||
| List all Filings | ||||
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