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EXHIBIT 4.7
AMENDMENT #1 TO
1999 COMBINED INCENTIVE AND NON-STATUTORY STOCK OPTION PLAN
Pursuant to the duly authorized and executed resolutions of the Board
of Directors of HyperFeed Technologies, Inc. (the "Company"), Section 3 of the
Company's 1999 Combined Incentive and Non-Statutory Stock Option Plan is amended
as follows:
3. STOCK SUBJECT TO THE PLAN. Subject to the provisions of
Section 12 of the Plan, the maximum aggregate number of Shares which
may be subject to option and sold under the Plan is five million
Shares. The Shares may be authorized but unissued, or reacquired Common
Stock.
If an Option or Stock Purchase Right expires or becomes
unexercisable without having been exercised in full, or is surrendered
pursuant to an Option Exchange Program, the unpurchased Shares which
were subject thereto shall become available for future grant or sale
under the Plan (unless the Plan has terminated). However, Shares that
have actually been issued under the Plan, upon exercise of either an
Option or Stock Purchase Right, shall not be returned to the Plan and
shall not become available for future distribution under the Plan,
except that if Shares of Restricted Stock are repurchased by HyperFeed
Technologies, Inc. at their original purchase price, such Shares shall
become available for future grant under the Plan.
HyperFeed Technologies, Inc.
By: /s/ John Juska
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Its: Chief Financial Officer
