The California Executive Officer Restricted Stock Loan Plan of Merry Land and Investment, Inc. is a program designed specifically for executive officers within the company. This plan allows these executives to leverage their restricted stock holdings to obtain loans for various purposes. Merry Land and Investment, Inc. understands that as an executive officer, individuals may have significant investments in the company's stock, which may be subject to certain restrictions. The California Executive Officer Restricted Stock Loan Plan enables these executives to access liquidity and unlock the value of their restricted stock holdings without the need to sell the shares outright. There are several types of California Executive Officer Restricted Stock Loan Plans offered by Merry Land and Investment, Inc., which cater to the different needs and circumstances of its executive officers. These variations may include: 1. Standard California Executive Officer Restricted Stock Loan Plan: This plan offers executives the flexibility to borrow against their restricted stock without any specific restrictions or customization. 2. Low-Interest California Executive Officer Restricted Stock Loan Plan: Merry Land and Investment, Inc. offers this plan with reduced interest rates, allowing executive officers to access capital at a more affordable cost. 3. Customizable California Executive Officer Restricted Stock Loan Plan: This plan offers executives the option to tailor the terms and conditions of their loan to their specific requirements. It allows for personalization, such as adjusting interest rates, repayment periods, and loan amounts based on the executive's needs and financial goals. 4. Performance-Based California Executive Officer Restricted Stock Loan Plan: This plan is specifically designed for executive officers who have shares of restricted stock tied to performance metrics. It provides executives the opportunity to borrow against their restricted stock when certain performance targets are met, providing an incentive for enhanced performance and alignment with company objectives. The California Executive Officer Restricted Stock Loan Plan of Merry Land and Investment, Inc. aims to empower its executive officers with financial flexibility and an alternative method for capital utilization. This program recognizes the value of executive officers' restricted stock holdings and provides an opportunity to leverage those assets strategically while maintaining ownership in the company. Please consult with Merry Land and Investment, Inc. for detailed information and eligibility criteria related to each specific plan.