Blueprint
Exhibit 10.1
AMENDMENT TO THE
RUMBLEON, INC.
2017 STOCK INCENTIVE PLAN
WHEREAS, RumbleOn, Inc., a Nevada
corporation (the “Company”) currently maintains and
sponsors the RumbleOn, Inc. 2017 Stock Incentive Plan (the
“Plan”); and
WHEREAS, Section 14(k) of the Plan
provides that the Board of the Directors of the Company
(“Board”) may amend the Plan from time to time;
and
WHEREAS, the Board has determined it to
be in its best interests to amend the Plan as set forth herein;
and
NOW, THEREFORE, effective upon the
Company’s Stockholders’ approval as set forth in
Section 14(k) of the Plan, the
following amendment to the Plan is hereby
adopted:
1. The
last sentence of Section 5(a) of the Plan shall be amended and restated to
read as follows:
“The
maximum number of shares of Common Stock that may be issued
pursuant to Awards granted under the Plan shall be
2,000,000.”
2. Section
5(b)(i) of the Plan shall be amended and restated to
read as follows:
“(i)
With respect to the shares of Common Stock issuable pursuant to
this Section, a maximum of 2,000,000 of such shares may be subject
to grants of Incentive Stock Options;”
3. Except
as modified by this Amendment, all of the terms and conditions of
the Plan shall remain valid and in full force and
effect.
IN WITNESS WHEREOF, the undersigned, a
duly authorized officer of the Company, has executed this
instrument as of the 25th day of June 2018, on behalf of the
Company.
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RUMBLEON, INC.
By:
/s/ Steven R.
Berrard
Name:
Steven R.
Berrard
Title:
Chief Financial
Officer
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