The Guam Stock Option Plan of Star States Corporation is a comprehensive and strategic approach to employee compensation and incentives. This plan offers employees of Star States Corporation located in Guam the opportunity to acquire company stock options, allowing them to become shareholders and benefit from the company's growth and success. The Guam Stock Option Plan serves as a powerful tool for attracting, motivating, and retaining talented individuals within the organization. By offering stock options, Star States Corporation aims to align employees' interests with the company's long-term performance, fostering a sense of ownership and dedication among its workforce. There are various types of stock options available under the Guam Stock Option Plan: 1. Non-Qualified Stock Option (NO): This type of stock option does not meet specific IRS requirements for preferential tax treatment. Employees have the flexibility to exercise this option at any time after vesting, subject to the terms and conditions set by the company. 2. Incentive Stock Option (ISO): Offered to key employees, SOS provide certain tax advantages compared to Nests. To qualify for the preferential tax treatment, employees must meet specific IRS criteria, including holding the options for a minimum period after exercising them. 3. Restricted Stock Units (RSS): RSS are another form of equity compensation offered under the Guam Stock Option Plan. Instead of granting employees the right to purchase shares at a specified price, RSS entitle employees to receive a specific number of shares after a vesting period. The Guam Stock Option Plan is designed to create a mutually beneficial relationship between Star States Corporation and its employees. It provides employees with an opportunity to participate in the company's financial success while motivating them to contribute their best efforts towards achieving the organization's goals. As employees become more engaged and invested in the company's performance, Star States Corporation aims to enhance its overall competitiveness and create a culture of shared success. By utilizing the Guam Stock Option Plan, Star States Corporation aims to attract and retain top talent, foster a sense of loyalty and commitment, and drive the company towards sustained growth and profitability.