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Employee Stock Purchase Plan

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Title:

Employee Stock Purchase Plan

Entities:

IMPATH Inc.

Date:

2002

Size:

27KB total

Price:

$40

ID:

#386551

► Plans ► Purchase ► Stock ► Employee Stock Purchase Plans
► Healthcare ► Healthcare Facilities

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IMPATH INC.

EMPLOYEE STOCK PURCHASE PLAN

Effective October 1, 2001


Article 1. PURPOSE		1

Article 2. DEFINITIONS		1

Article 3. GENERAL RULES		2

3.01 Committee		2
3.02 Number of Shares Subject to Plan		3
3.03 Determination of Fair Market Value		4
3.04 Effective Date		4

Article 4. ELIGIBILITY AND PARTICIPATION		5

4.01 Eligible Employees		5
4.02 Restrictions on Participation		5
4.03 Participation in Offering		5
4.04 Termination of Participation		5

Article 5. PAYROLL DEDUCTIONS		6

5.01 Authorization to Make Payroll Deductions		6
5.02 Amount of Payroll Deduction		6
5.03 Reduction of Payroll Deductions During Offering Period		6
5.04 Deductions During Approved Leave of Absence		7
5.05 Participant's Account		7

Article 6. OFFERING AND PURCHASE OF STOCK		7

6.01 Offering Period		7
6.02 Purchase Price		7
6.03 Automatic Exercise		7
6.04 Number of Shares Purchased Upon Exercise		8
6.05 Carry Forward of Unused Balance of Participant's Account		8
6.06 Delivery of Stock		8
6.07 Restrictions on Stock		8

Article 7. WITHDRAWAL FROM OFFERING		9

7.01 Voluntary Withdrawal Prior to Close of Offering		9
7.02 Termination of Employment		9
7.03 Termination of Employment Due to Death		9
7.04 Payment of Interest		9

Article 8. AMENDMENT AND TERMINATION		10



Article 9. MISCELLANEOUS PROVISIONS		10

9.01 Designation of Beneficiary		10
9.02 Non-Transferability		10
9.03 Use of Funds		11
9.04 Participant's Interest in Stock		11
9.05 No Interest Payable		11
9.06 No Effect on Employment Rights		11
9.07 Governing Law		11
9.08 Effective Date		11

ARTICLE 1. PURPOSE

The IMPATH Inc. Employee Stock Purchase Plan is intended to provide an incentive to eligible employees of IMPATH Inc. (the Company) and affiliated companies to have a greater interest in the Companys growth by providing them with the opportunity to purchase shares of the Companys common stock at a favorable price by means of payroll deductions. The Plan is intended to qualify as an employee stock purchase plan under Section 423 of the Internal Revenue Code of 1986, as amended.

ARTICLE 2. DEFINITIONS

Whenever used in the Plan, the following words and phrases shall have the meanings set forth below, unless a different meaning is plainly required by the context:

Administrator means the person or persons appointed by the Committee to administer the Plan in accordance with Article 3.

Board or Board of Directors means the Board of Directors of the Company.

Code means the Internal Revenue Code of 1986, as amended.

Committee means the Compensation Committee of the Board or any other committee designated by the Board to administer the Plan.

Company means IMPATH Inc., or any successor corporation.

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IMPATH INC.

EMPLOYEE STOCK PURCHASE PLAN

Effective October 1, 2001

Table of Contents

ARTICLE 1. PURPOSE

ARTICLE 2. DEFINITIONS