<SEC-DOCUMENT>0000950123-11-040452.txt : 20110428
<SEC-HEADER>0000950123-11-040452.hdr.sgml : 20110428
<ACCEPTANCE-DATETIME>20110428060541
ACCESSION NUMBER:		0000950123-11-040452
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20110428
DATE AS OF CHANGE:		20110428
EFFECTIVENESS DATE:		20110428

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST INDUSTRIAL REALTY TRUST INC
		CENTRAL INDEX KEY:			0000921825
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				363935116
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13102
		FILM NUMBER:		11785436

	BUSINESS ADDRESS:	
		STREET 1:		311 S WACKER DRIVE
		STREET 2:		SUITE 3900
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3123444300

	MAIL ADDRESS:	
		STREET 1:		311 S WACKER DRIVE
		STREET 2:		SUITE 3900
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>c64379adefa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
<HTML>
<HEAD>
<TITLE>defa14a</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->



<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="center" style="font-size: 14pt; margin-top: 6pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>SCHEDULE 14A</B>
</DIV>

<DIV align="center" style="font-size: 12pt; margin-top: 12pt">Proxy Statement Pursuant to Section&nbsp;14(a) of the Securities<BR>
Exchange Act of 1934 (Amendment No.&nbsp;&nbsp;)</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Filed by the Registrant <FONT face="wingdings" size="2">&#254;</FONT><BR>
Filed by a Party other than the Registrant <FONT face="wingdings" size="2">&#111;</FONT>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box:

</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Preliminary Proxy Statement</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD><B>Confidential, for Use of the Commission Only (as permitted by Rule&nbsp;14a-</B><B>6(e)(2)</B><B>)</B></TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Definitive Proxy Statement</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#254;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Definitive Additional Materials</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Soliciting Material Pursuant to &#167;240.14a-12</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center" style="font-size: 10pt; margin-top: 6pt">&nbsp;</DIV>

<DIV align="center">
FIRST INDUSTRIAL REALTY TRUST, INC.</DIV>
<DIV align="center" style="font-size: 10pt"><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(Name of Registrant as Specified In Its Charter)</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt">&nbsp;</DIV>

<DIV align="center">
</DIV>
<DIV align="center" style="font-size: 10pt"><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Payment of Filing Fee (Check the appropriate box):

</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#254;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>No fee required.</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Fee computed on table below per Exchange Act Rules&nbsp;14a-6(i)(4) and 0-11.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(1)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Title of each class of securities to which transaction applies:</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(2)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Aggregate number of securities to which transaction applies:</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(3)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Per unit price or other underlying value of transaction computed pursuant to Exchange Act
Rule&nbsp;0-11 (set forth the amount on which the filing fee is calculated and state how it was
determined):</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(4)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Proposed maximum aggregate value of transaction:</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(5)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Total fee paid:</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Fee paid previously with preliminary materials.</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="1%" nowrap align="left" valign="top">
<FONT face="wingdings" size="2">&#111;</FONT></TD>
<TD width="1%">&nbsp;</TD>
<TD>Check box if any part of the fee is offset as provided by Exchange Act Rule&nbsp;0-11(a)(2)
and identify the filing for which the offsetting fee was paid previously. Identify the
previous filing by registration statement number, or the Form or Schedule and the date of its
filing.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(1)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Amount Previously Paid:</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(2)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Form, Schedule or Registration Statement No.:</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(3)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Filing Party:</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">(4)</TD>
<TD width="1%">&nbsp;</TD>
<TD>Date Filed:</TD>
</TR>

<TR>
<TD style="font-size: 6pt">&nbsp;</TD>
</TR>

<TR>
<TD width="2%">&nbsp;</TD>
<TD width="3%">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD style="font-size: 10pt"><DIV align="left">

</DIV></TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<TD width="2%" style="background: transparent">&nbsp;</TD>
<TD width="3%" nowrap align="left">&nbsp;</TD>
<TD width="1%">&nbsp;</TD>
<TD><DIV style="border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt">
</DIV>


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>



<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="c64379an6437900.gif" alt="(FIRST LOGO)">
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>FIRST INDUSTRIAL REALTY TRUST, INC.<BR>
311 South Wacker Drive<BR>
Suite&nbsp;3900<BR>
Chicago, Illinois 60606</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">Supplement to the Proxy Statement Dated April&nbsp;5, 2011<BR>
for the Annual Meeting of Stockholders to be Held on May&nbsp;12, 2011
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">April&nbsp;28, 2011
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On April&nbsp;5, 2011, First Industrial Realty Trust, Inc. (the &#147;Company&#148;) filed a definitive Proxy
Statement on Schedule&nbsp;14A (the &#147;Proxy Statement&#148;) in connection with its 2011 Annual Meeting of
Stockholders to be held on May&nbsp;12, 2011 (the &#147;Annual Meeting&#148;). At the Annual Meeting, the Company
is requesting that the stockholders of the Company approve the First Industrial Realty Trust, Inc.
2011 Stock Incentive Plan (the &#147;Plan&#148;), as set forth in Proposal III of the Proxy Statement. A copy
of the Plan is attached as Appendix&nbsp;B to the Proxy Statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">After mailing the Proxy Statement, the Board of Directors approved an amendment (the &#147;Amendment&#148;)
to the proposed Plan to clarify that awards outstanding under the Plan may not be repriced by the
Company without stockholder approval. The Amendment was approved in response to a report issued by
ISS on April&nbsp;22, 2011 in which ISS recommended that the Company&#146;s stockholders vote &#147;Against&#148; the
approval of the Plan because they believed that the Plan specifically permitted the repricing of
equity awards (such as underwater stock options or SARs) without stockholder approval. Although we
do not believe that the Plan, as originally drafted, permitted repricing of awards without
stockholder approval, and management has no history of, or intention to ever undertake, a repricing
without stockholder approval, the Board of Directors executed the Amendment to revise the language
in the Plan to more closely conform to ISS&#146;s policies. We expect that ISS will revise its report
to recommend a vote &#147;For&#148; the Plan. Other than the change described above, all other terms of the
Plan remain the same as those described in the Proxy Statement. The text of the Amendment is
included as Annex A to this Supplement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Plan, as amended, will be presented for stockholder approval at the Company&#146;s Annual Meeting
and its effectiveness remains conditioned on the receipt of such approval. If a stockholder returns
his or her proxy card at any time (either prior to or after the date of this Supplement) indicating
in favor of Proposal III, such vote will constitute a vote in favor of such Proposal, as amended by
this Supplement. If any stockholder has already returned his or her properly executed proxy card
and would like to change his or her vote on any matter, such stockholder may revoke his or her
proxy before it is voted at the Annual Meeting by submission of a proxy bearing a later date by
mail or by attending the Annual Meeting in person and casting a ballot. If any stockholder would
like a new proxy or has any questions, he or she should contact Art Harmon, the Company&#146;s Senior
Director of Investor Relations, at (312)&nbsp;344-4320.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The information provided above may be deemed &#147;additional soliciting materials&#148; within the meaning
of the Securities Exchange Act of 1934, as amended.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-left: 75%; margin-top: 6pt">John H. Clayton<BR>
<I>Secretary</I>
</DIV>





<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>ANNEX A</B></U>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>AMENDMENT NO. 1<BR>
TO THE<BR>
FIRST INDUSTRIAL REALTY TRUST, INC.<BR>
2011 STOCK INCENTIVE PLAN</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>AMENDMENT NO. 1 </B>(the &#147;<B>First Amendment</B>&#148;) to the First Industrial Realty Trust, Inc. 2011 Stock
Incentive Plan (the &#147;<B>Plan</B>&#148;), established and maintained by First Industrial Realty Trust, Inc. (the
&#147;<B>Company</B>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, Section 13(a) of the Plan reserves to the Board of Directors of the Company (the
&#147;<B>Board</B>&#148;) the right to amend the Plan at any time; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, the Board desires to amend the Plan to clarify that repricing of awards under the
Plan is not permitted without the approval of the stockholders of the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW, THEREFORE, BE IT RESOLVED, that the Plan is hereby amended by the First Amendment as
follows:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>1.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Amendment to Plan</B>.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The following Section 4(c) is hereby added to the Plan:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 6%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;(c) <U>Repricing Prohibited</U>. Notwithstanding any provision in the Plan
to the contrary, no adjustment or reduction of the exercise price of any outstanding
Stock Option or SAR in the event of a decline in Stock price is permitted without
approval by the Company&#146;s stockholders or as otherwise specifically provided under
Section 3(d) above. The foregoing prohibition includes (i)&nbsp;reducing the exercise
price of outstanding Stock Options or SARs, (ii)&nbsp;cancelling outstanding Stock
Options or SARs in connection with granting of Stock Options or SARs with a lower
exercise price to the same individual, (iii)&nbsp;cancelling a Stock Option or SAR in
exchange for a cash or other payment, and (iv)&nbsp;take any other action that would be
treated as a repricing of a Stock Option or SAR under the rules of the primary stock
exchange on which the Stock is listed.&#148;
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>2.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Effective Date of Amendment; Ratification and Confirmation</B>.</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The First Amendment shall become effective upon approval by the Board. In all
other respects, the Plan is hereby ratified and confirmed.
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>3.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Governing Law</B>.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>THE FIRST AMENDMENT SHALL BE GOVERNED BY NEW YORK LAW WITHOUT REGARD TO THE PRINCIPLES OF
CONFLICT OF LAWS THEREOF, EXCEPT TO THE EXTENT SUCH LAW IS PREEMPTED BY FEDERAL LAW.</I></B>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>c64379an6437900.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 c64379an6437900.gif
M1TE&.#EAC``O`-4_`$5%1=;6UA`0$#8V-K#)FB4E)?CX^*VMK7Q\?)Z>GO7U
M]=_?W]K:VFIJ:N;FYN[N[K2TM,7%Q:2DI.GPXKN[NU-34^KJZH*"@HJ*BLG)
MR<_/S^'AX6%A8<+"PI24E'!P<%I:6KS2J?'Q\?W]_7BC49>X>E:,)K/0D<S<
MON/MUL'5L/+W[-WITL;;K&R<0_G[]V&4-<W=OXZS;H"I7%")'^COXJ#$=]/D
MO\?9M]#?POO[^YK`;0```$N%&/_______R'Y!`$``#\`+`````",`"\```;_
MP)]O2"P:C\BD<LEL.I_%D<%B<5A$(RCRMZIYO^"P.+P:K<[HM#K]2AH<B[A\
M'G<8B(_Y?:B#T^56"EE'(R(,$`@?'P@)#`\Z(R-Y?Y0+#@H_,S0]G)V>GZ">
M)1,G.Z:GJ*FF-C=)$04\L;*SL04:1`T"L0(11`P#M+,%`!@=#T8*%+G!`B`0
M(@H7P=.Q`!"9FZ':VZ.EJM^GK$D=L-2RMD0?L@(=OL#FM1X.1`H'Y=0#&0;2
M\+/6V-L"@NH&KJ`X)*_Z\4`W9!D/7NX4+DR@8TB&"O`$?+C$3^(_30)#<B)8
M\-O!(^36"2C`LN6P`.G6M1OR:UV!`0-8ZI(%8MZ^_YT/;^;456&#%`\N"P`-
MVK)"!X`B!9(LF>JDD82Q!F!(P+5K@@/'&NZ$2//=0@D9-$1(4`'H@'8,0,RJ
M0,'``PH@`&BH."*#5P\`UGWP"L$!U*C<2%%59;5(RE@5%C11MVNFCYI9;Q')
M8+;``1\=`M>"4$2$T20/*#\D;>0PXE!3%Z]JA?!>Y"8.R5XV.T#SD`"BSX(V
M*P"#B">ISWUN#?*UMMBR&Q-YS$.O@^O8+Q51S2YB+0K8`R"5-8!T`(SD/418
MH(!)\EW+B[AV+DJQ['"TCV!=V`"!__\(9%!$;KV4M0X'_GU0P3W5P:0``DL)
M,$`#'E#PP"!'O/=0?$3,1__?2/;=MX-T0U!G3@+;R>1=/P)<L`<%Z`4SP`49
M5)0A=ZS)U]R']7DC(HD^['?B@&,5N)M"!5P@&1\!?,#@+`,<T)X1&GIVA(<?
M0K<8D"92@V),E:TXC0`5>,#`$0Q(@```3_)0U(WK<#C$#S;,0,*=>.:IYYYY
M$K!""R<$*NB@A`K*@BOW%%`!!XPVRH%E/A"XH@`-.+F.!WL@\4`&'C2@U#F0
M#J&A`'+Z\`,+**2JZJJLMLIJ"@9,D,*LM-9J*ZTKC',/`!TPX.NO#!P'YD.6
M8<9#;R)PU\`&36P@`7%?%C%JCAT2(,.UV&:K[;;:AK""M=R&*T,),2`JRVU,
M2&K_8&8C4-"9!U,2H4,`81&!P5@8P%E+J5C2-PH)SIE`@*[G+KD$=\7R)N`#
M]\H"``5&:`""DC8ZP,%8$NB[X94[\@@BP*\);"YD!BNA[I&9612<1O,,X0"$
MBC*"`0A`,20M=_QV[/&_`0^,!'7H'JSBNL<*Z`/#-2^G0P+$L40+"!9H+`"U
M<^K,(\\A^ZR?;24G<;*QO1$108QNPF1!`_T4T$&F>*AF)7/9>/QQSP23/-G0
M*!=-CP1`%:>``1E\L)0_'<1[<YP<QRTWUHB)C$0`"#3J0=1,2-!H`V>Z?$&C
M"#!+Q`*;2QZU#AMXL*`N*X&00``8(F,YHQ_XUJ'564X`_W+C6B.S0`"\V]&$
M`PSPSD"\!NS.^P)L&[`![[QOD.D#&E``P0$0=$!OZT:,X`#SPR<N=R>,1^6X
M%N27;W[Y_3H7ODCCG^_^^_";2KN_MM.-A`@!1*T`[_%:H,$Q"\B``#.P@$%H
M+P."\($.=M>>$00@`1Z0P#PV,,`!!D!Y%;2`C0+`@$P53W;%RYR.%+>S^F4M
M"1D`P6<TP($"2&!*!WB8#RZ0DY9P@'4&0(H&LB"""X#@@A&HH0!NB)2D@&`#
M&*CA32#0'@Y\@'*7`<``C+0!_WCO>SU87TC:YQ@`H"@#@1D`Q'R0`"M]H#P:
M@(#@(A,-'M3(!\GJS0(:,``)K/\E`0IP@`98"``):(`!.D#``#R@`0D,XQ8`
MZ`D1^$:ISS6``U?\GA8%PL7I>#%(4AS`#<E8`-)\``!G4L`&G(1':60@"ZD9
M`.\J4!1)0'&&%3#2FD@C`A"HS0<54.00%F1+S\T1!)%<G`EQ-XY+@O$"%RC`
M1@SYF0:`L@@#`$`;WQC'_V'@6!@P&A$0$,MM:@41`@``3!+9,@H4P`,=T,@0
MY@A)N&$QB\,47^ZZB*((`.`"#_"4!\KH27$6H0(`T($I4?G)'5H``;`H``(R
MQ4U9"N"A0WQC+EL&@@%88D%18V<P2W@[>1;SBP!`0%\J,",K.5.$#E#4-"N2
MREN,((__3'O+-KLY!$$>`$(2P((/R#F"#2P$`&P2`(HTZLZHP*`$.$BJ4I/*
M@A=TE'WSM&0][^D#`\10*9[LS0,>`)PZCJ`#/$B`!?:72`,H+UA(%.-,96D-
M!TBQ`Q69J`@NQLJ\%`!JO]SJ`T10D?2!P@4A>(%@!RM82#QUBU$MD3%#*JJ&
M?<9)'\"`((MS(0/@!`,'H!F*&,"!"B0@B7I9ZS:M,8(R-D`RY-2`A*YC`08D
M4P)SU`H&ML(LOW["!2I8PF$IF5A,9NPB^1J"!0`P-1\@]*$36AL11$#<E03W
M`65\J#6*,#-M7D"&/K@8!'0``@X@L;A$V$`!O"LXB$Y1?B0,_PAN=6N_^+GW
MO4ZPK2?6JX3=!J22\,VO?N7;"?HFP;[;P*]^!QP__G+"OT@`L#8$K`4#0(+`
MYY,"]D:(&`0?0<&A$/#^-+"!*7TP`/%JEP:(!^(A2&*/)5;>`A[``,\=08\:
M0-YO]FB!+)!N'@RHL0(7<(`1BPK%[3%P#RQL!`R#0L`=R`D(9G*>EQ#!`='T
MS0(*4"`%0``6%O6!`ZZ;1`0DX5[*7-(`'HJ!]C@`!/D"`*9\8`%;5D`S5P[G
M+81,Y"(8^1-(!NHE?7`>8K2,DZ3:@W@+5(AT'F`/#&#3#X>PX2F=#0$7'(*B
M-'F,,Z=YS<.M@`0H]P`:4B#(\PM%G?^)<&=/(#DGV&UR!3)G``X0MP$M6X!,
M/R<`;3ZH`-%R@`<0\&<$3(X(0RFSEM'L@T'>001)G#4955FU]&YCU$,H=2=.
MK1'/G8<#$`C++S)Y2A],60(N=D"MBY"`T(H*`A*HUP4P`,4QDZHB%L.<`"1P
M!P4D`*$76"2S324#$_C[WP`/N`E(@(,ES$#@"`<X#'H;`1"P\@`5X>P]6Q;#
MV7HF"QL8``@\$%Z;^4`"JUX"!CQ0+XU/Z!@/$*23N@UE@,9'`L\T50Y"0/.:
MV_SF(<#!!)80`YS[W.8J2$$2+-"!#$`@`BSMP%?"$CT%Z``";ZQ'`L8(QP.\
DD@$4$%82-!`9Z2$</0)2\H'V))"`'.D@`Q*HR^>>,80@```[
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
