Exhibit 10.7(b)

 

Amendment to the e.l.f. Beauty, Inc. 2014 Equity Incentive Plan

Effective March 15, 2017

This Amendment to the e.l.f. Beauty, Inc. 2014 Equity Incentive Plan (as
amended, the “Plan”) is effective as of the date first set forth above, such
amendment having been approved by the Board of Directors of e.l.f. Beauty, Inc.,
a Delaware corporation (the “Company”), on March 15, 2017 in accordance with
Section 10.1 of the Plan.

As of result of the foregoing approval, the Plan is hereby amended as follows:

1.Section 11.3 of the Plan is hereby amended and restated in its entirety to
read as follows:

“11.3Removed and Reserved.”

 

2.Section 13.7 of the Plan is hereby amended and restated in its entirety to
read as follows:

 

“13.7Removed and Reserved.”

 

(Signature Page Follows)

 

 

 

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The undersigned, being the duly appointed and acting Corporate Secretary of the
Company, hereby certifies that the foregoing amendment was duly approved and
adopted by the Board of Directors of the Company effective as of the date first
referenced above.

 

 

 

By:

/s/ Scott K. Milsten

 

 

 

Name:

Scott K. Milsten

 

 

 

Title:

Corporate Secretary