The Colorado Stock Option Plan of Star States Corporation is a comprehensive compensation program designed to attract and retain talented individuals within the organization. Registered under the state laws of Colorado, this plan offers employees the opportunity to purchase company stocks at a predetermined price known as the exercise price. One of the types of stock option plans offered by Star States Corporation is the Incentive Stock Option (ISO) Plan. Under this plan, eligible employees can purchase stocks at a favorable tax rate. The ISO plan is governed by specific rules outlined in the Internal Revenue Code (IRC) and is subject to certain restrictions and limitations. Another type of stock option plan provided by Star States Corporation is the Non-Qualified Stock Option (NO) Plan. Unlike SOS, Nests do not have to comply with the strict IRC regulations and are available to a broader range of employees. Non-executive employees often benefit from this plan as it provides them with flexibility and favorable tax treatment. Star States Corporation's Colorado Stock Option Plan is designed to align the interests of the employees with the success and growth of the company. By granting stock options, the corporation aims to create a sense of ownership and motivation among its workforce. This provides employees with a long-term incentive to contribute to the organization's financial success and value creation. Participation in the Colorado Stock Option Plan is typically subject to certain requirements, such as the completion of a specific period of employment or the achievement of predetermined performance targets. The vesting period, during which the employee must stay with the company before exercising the options, is determined by the plan's guidelines. Employees who participate in the Colorado Stock Option Plan will receive regular communications regarding the current value and status of their stock options. This transparency allows employees to monitor the performance of their investments and make informed decisions about exercising their options. It is important to note that the specifics of the Colorado Stock Option Plan of Star States Corporation may vary and may be subject to change over time. It is recommended that participants thoroughly review the plan documents and consult with their financial advisors or the designated administrators for detailed information tailored to their situation.