The Indiana Proposed Stock Option and Award Plan of Fresco, Inc., is a comprehensive and strategic compensation program designed for employees and executive officers of the company. This plan aims to attract, retain, and motivate top talent by providing them with an opportunity to participate in the company's growth and success through the allocation of stock options and awards. The Indiana Proposed Stock Option and Award Plan of Fresco, Inc., offers various types of stock-based incentives to align the interests of employees and executives with the shareholders. These include: 1. Stock Options: The plan offers stock options, giving eligible participants the right to purchase a specific number of shares at a predetermined price within a prescribed time frame. These options can be exercised at a future date when the stock price has appreciated, providing participants with potential financial gains. 2. Restricted Stock Units (RSS): The plan grants RSS, which represent a promise to deliver a specified number of shares at a future date, subject to certain conditions. Once these conditions are met, the RSS convert into common stock, allowing participants to share in the company's performance and value. 3. Performance Stock Units (Plus): The plan also includes Plus, which provide participants with the opportunity to earn additional shares based on predetermined performance goals and targets. These goals may include financial metrics, market share, or other predetermined criteria, encouraging participants to actively contribute towards achieving company objectives. 4. Stock Appreciation Rights (SARS): The Indiana Proposed Stock Option and Award Plan may also incorporate SARS, allowing participants to receive the appreciation in the company's stock price in the form of cash or additional stock, without actually purchasing the underlying shares. The Indiana Proposed Stock Option and Award Plan of Fresco, Inc., ensures that employees and executives possess a vested interest in the long-term success of the company. By linking their financial gains to the company's performance, the plan cultivates a sense of ownership, commitment, and dedication among participants. It serves as a valuable tool to incentivize and reward key contributors, fostering a high-performing and motivated workforce. Disclaimer: The information provided here is for informational purposes only and should not be considered as legal or financial advice.