MATERIAL CONTRACTS
Published on
Pitney Bowes Inc. - Form 10-Q
Nine Months Ended September 30, 1997
Page 17 of 20
Exhibit (i)
SECOND AMENDMENT TO
PITNEY BOWES 1991 STOCK PLAN
The Pitney Bowes 1991 Stock Plan (the "Plan") is hereby amended,
effective September 8, 1997, as follows:
There is added to the Plan a new paragraph 3 (c) which reads in its entirety as
follows:
The Committee may delegate to one or more executive officers of the
Company or to a committee of executive officers of the Company the authority to
grant Awards to Employees who are not officers or directors of the Company and
to amend, modify, cancel or suspend Awards to such Employees.