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DOCUMENT TITLE:
2010 EMPLOYEES, DIRECTORS, OFFICERS AND CONSULTANTS STOCK OPTION AND STOCK AWARD PLAN
.
ACTIONS:
Here are the clause headings in the document. To view the clause, click the clause heading.To view the full document, click the "View Document" button.
Clause Heading
SECTION 1. - PURPOSE OF THE PLAN.
(a) - Composition of Committee.
(b) - Committee Action.
(c) - Committee Expenses.
SECTION 3. - STOCK RESERVED FOR THE PLAN.
SECTION 4. - ELIGIBILITY.
SECTION 5. - GRANT OF OPTIONS.
SECTION 6. - TERMS AND CONDITIONS.
(a) - Option Period.
(b) - Option Price.
(c) - Exercise Period.
(d) - Procedure for Exercise.
(e) - Termination of Employment.
(f) - Disability or Death of Participant
(g) - Assignability.
(h) - Restricted Stock Awards.
(j) - Bonuses and Past Salaries and Fees Payable in Unrestricted Stock.
(k) - No Rights as Stockholder.
(l) - Extraordinary Corporate Transactions.
(m) - Changes in Companys Capital Structure.
(n) - Acceleration of Options.
SECTION 7. - RELINQUISHMENT OF OPTIONS.
SECTION 8. - AMENDMENTS OR TERMINATION.
SECTION 9. - COMPLIANCE WITH OTHER LAWS AND REGULATIONS.
SECTION 10. - PURCHASE FOR INVESTMENT.
SECTION 11. - TAXES.
SECTION 12. - REPLACEMENT OF OPTIONS.
SECTION 13. - NO RIGHT TO COMPANY EMPLOYMENT.
SECTION 14. - LIABILITY OF COMPANY.
(a) - The Non-Issuance of Shares.
(b) - Tax Consequences .
SECTION 15. - EFFECTIVENESS AND EXPIRATION OF PLAN.
SECTION 16. - NON-EXCLUSIVITY OF THE PLAN.
SECTION 17. - GOVERNING LAW.
SECTION 18. - CASHLESS EXERCISE.
SECTION 19. - PROCEEDS FROM EXERCISE
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