The Indiana Amended and Restated Stock Option Plan of L. Luria and Son, Inc. is a comprehensive employee benefits program designed to incentivize and reward the company's workforce. This plan offers various types of stock options to eligible employees, granting them the opportunity to purchase company stock at a predetermined price. One type of stock option available under the Indiana Amended and Restated Stock Option Plan is the Non-Qualified Stock Option (NO). This option gives employees the flexibility to buy company shares at a specified exercise price. Nests have no special tax advantages but provide employees with the potential to profit from the appreciation in the stock's value. Another type of stock option offered is the Incentive Stock Option (ISO). SOS are typically granted to key employees and carry certain tax advantages. When exercised, these options may qualify for long-term capital gains tax rates, which can be more favorable than ordinary income tax rates. Under this plan, employees are usually required to meet certain criteria, such as maintaining a specified level of employment or achieving performance targets, to be eligible for stock option grants. The number of shares that can be purchased through the options, the exercise price, and the vesting schedule are all detailed within the plan. The Indiana Amended and Restated Stock Option Plan of L. Luria and Son, Inc. aims to align the interests of employees with the company's success by giving them a vested interest in the organization's performance. By providing the opportunity to purchase company stock at a discounted price, the plan seeks to motivate employees to contribute to the growth and profitability of L. Luria and Son, Inc. Overall, the Indiana Amended and Restated Stock Option Plan of L. Luria and Son, Inc. is a comprehensive employee benefit initiative that offers various types of stock options to eligible employees. This plan encourages employee retention, fosters loyalty, and provides an opportunity for financial growth, all while aligning the workforce with the company's goals and objectives.