HOTJOBS COM LTD
1999 EMPLOYEE STOCK PURCHASE PLAN
<DOCUMENT>
<TYPE>EX-10.10
<SEQUENCE>2
<FILENAME>0002.txt
<DESCRIPTION>1999 EMPLOYEE STOCK PURCHASE PLAN
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                                                                   EXHIBIT 10.10

                               HOTJOBS.COM, LTD.

                       1999 EMPLOYEE STOCK PURCHASE PLAN

                                AMENDMENT NO. 1

The HotJobs.com, Ltd. 1999 Employee Stock Purchase Plan (the "Plan") is hereby
amended as follows:

  1.  Paragraph B of Section III of the Plan is hereby redesignated as Paragraph
C, and new Paragraph III.B. is hereby added to the Plan to read as follows:

     "B. The number of shares of Common Stock available for issuance under the
     Plan shall automatically increase on the first trading day of January each
     calendar year during the term of the Plan, beginning with the 2001 calendar
     year, by an amount equal to one percent (1%) of the shares of Common Stock
     outstanding on the last trading day in December of the immediately
     preceding calendar year, but in no event shall such annual increase exceed
     Five Hundred Thousand (500,000) shares."

  2.  Redesignated Paragraph III.C. of the Plan is hereby amended and restated
in its entirety, to read as follows:

     "E. Should any change be made to the Common Stock by reason of any stock
     split, stock dividend, recapitalization, combination of shares, exchange of
     shares or other change affecting the outstanding Common Stock as a class
     without the Corporation's receipt of consideration, appropriate adjustments
     shall be made by the Committee to (i) the maximum number and class of
     securities issuable under the Plan, (ii) the number and class of securities
     by which the share reserve is to increase each calendar year pursuant to
     the automatic share increase provisions of the Plan, (iii) the maximum
     number and class of securities purchasable per Participant and in the
     aggregate on any one Purchase Date and (iv) the number and class of
     securities and the price per share in effect under each outstanding
     purchase right in order to prevent the dilution or enlargement of benefits
     thereunder."

  3.  Except as modified by this Plan Amendment, all the terms and provisions of
the Plan shall continue in full force and effect.

IN WITNESS WHEREOF, HotJobs.com, Ltd. has caused this Amendment No. 1 to be
executed on its behalf by its duly authorized officer as of the 17th day of May,
2000.

                            HOTJOBS.COM, LTD.

                            BY:  /s/  Richard S. Johnson
                               -----------------------------
                                  Name:   Richard S. Johnson
                                  Title:   President and Chief Executive Officer
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