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AMENDMENT TO THE ALPHARMA INC. EXECUTIVE BONUS PLAN

Employee Benefits Plan Agreement

AMENDMENT TO THE ALPHARMA INC.  EXECUTIVE BONUS PLAN | Document Parties: ALPHARMA INC You are currently viewing:
This Employee Benefits Plan Agreement involves

ALPHARMA INC

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Title: AMENDMENT TO THE ALPHARMA INC. EXECUTIVE BONUS PLAN
Date: 3/16/2006
Industry: Biotechnology and Drugs     Sector: Healthcare

AMENDMENT TO THE ALPHARMA INC.  EXECUTIVE BONUS PLAN, Parties: alpharma inc
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AMENDMENT TO THE ALPHARMA INC.
EXECUTIVE BONUS PLAN

 

           

The Alpharma Inc. Executive Bonus Plan (the "Plan") is hereby amended effective as of August 15, 2005, as follows:

1.          Section 11 is hereby amended replacing Section 11 in its entirety as set forth below:

11.       Partial Year Employees.

            If any employee of the Company or an SBU meets all of the conditions set forth within the definition of "Eligible Employee" (i) as of the last day of an Incentive Year except the requirement that he or she have been employed by the Company or an SBU for the entire Incentive Year or (ii) his or her employment was terminated, or interrupted, during th


 
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