Annual Report 2009/2010 Geschäftsbericht 2009/2010 ... - biolitec AG

62 Management Report Konzernlagebericht
accordance to the above mentioned resolution in connection with the resolutions being made by the
executive and supervisory board on the determination of each the warrant price or conversion price.
With the general meeting of November 20th, 2007 the company has resolved to partially cancel the
conditional capital I (Stock Option Plan 2000, issuing of options possible up until October 30th, 2005,
exercising of options not possible anymore) and the creation of a new conditional capital 2007 to serve
any option rights in connection with the authorization to grant stock options (“Stock Option program
2007”). The subscribed capital was conditionally raised up to EUR 25,000 by issuing a maximum of
25,000 no-par value bearer shares in order to serve stock option rights, which were being issued in connection
with the resolution of the general meeting of October 17th, 2000. With the ending of the fiscal
year 2007/2008 the pending 25,000 options expired.
The executive board is authorized with the approval of the supervisory board to issue once or repeatedly
until October 31st, 2012 stock options to purchase up to 900,000 no-par bearer shares. The supervisory
board decides whether stock options are being granted to members of the executive board.
Subscription rights of stockholders do not exist.
Jena, 18 January 2011
Dr. Wolfgang Neuberger