The Colorado Restricted Stock Plan of RPM, Inc. is a comprehensive employee incentive program that aims to reward, motivate, and retain key personnel within the organization. This plan offers unique benefits and opportunities to eligible employees who meet specific criteria. Under this plan, eligible employees are granted restricted stock as an incentive. Restricted stock refers to company shares that are granted to employees but are subject to certain restrictions and conditions. These restrictions can vary depending on the specific type of Colorado Restricted Stock Plan offered by RPM, Inc. Examples of different types of plans may include: 1. Performance-based Restricted Stock Plan: This type of plan is designed to reward employees based on performance metrics achieved by both the individual and the company. It incentivizes employees to achieve certain performance targets, which determine the vesting and release of the restricted stock. 2. Long-Term Incentive Restricted Stock Plan: This plan focuses on retaining employees for the long-term by providing them with company stock that is subject to a specific vesting schedule. The goal is to align employees' interests with the long-term success of RPM, Inc. by encouraging them to remain with the company over an extended period, thereby increasing their personal investment in its success. 3. Acquisition-related Restricted Stock Plan: In the event of an acquisition or merger involving RPM, Inc., this type of plan may be implemented to provide a retention bonus to key employees. The restricted stock grants are intended to incentivize these employees to stay with the company during the transitional period, ensuring a smooth integration process and continuity of operations. 4. Equity-Based Incentive Plan: This plan offers employees an opportunity to acquire ownership in RPM, Inc. by granting them restricted stock. It serves as an effective tool for attracting and retaining top talent, as employees have a vested interest in the overall success and growth of the company. 5. Restricted Stock Unit Plan: This plan enables employees to receive units that are equivalent to actual shares of company stock. These units will convert into shares over a predetermined vesting period or upon the achievement of specific performance milestones. In conclusion, the Colorado Restricted Stock Plan of RPM, Inc. comprises various types of incentive programs tailored to reward and motivate employees through the allocation of restricted stock. These plans aim to align the interests of employees with the company's objectives, fostering loyalty, and ultimately driving the success of RPM, Inc.