RE:RE:RE:RE:RE:RE:RE:RE:VMD Share Price The ability to amend the Phantom Share Plan is in their own hands. Surely they can amend it to limit the expense fluctuations from quarter to quarter. I withheld votes for the compensation committee who oversee the plan and could easilty spearhead an appropriate amendment.
| 12. | Amendment or Termination of the Plan |
The Board shall have complete power and authority to terminate or amend this Plan at any time in writing in its sole discretion and make payments and such payments will be in accordance with Treasury Regulation 1.409A-3(j)(4)(ix) to the extent applicable; provided that no amendment will reduce the economic amount payable under an outstanding Award without the Participant’s written consent, except a Plan amendment for compliance with Code Section 409A.