The Missouri Approval of Abase Corporation's Stock Incentive Plan is a crucial step towards motivating and incentivizing employees by providing them with stock-based compensation. This plan aims to align the interests of Abase Corporation's employees with the overall success and growth of the company. The plan ensures that employees are rewarded for their dedication, hard work, and contributions to the corporation's performance. Under the Missouri Approval, Abase Corporation offers various types of stock incentive plans to its employees. These plans are designed to meet the diverse needs and goals of employees, ensuring they are fairly compensated and motivated to excel in their roles. Some different types of stock incentive plans offered by Abase Corporation include: 1. Restricted Stock Units (RSS): RSS grant employees the right to receive shares of Abase Corporation's stock after a certain vesting period. These stocks are subject to restrictions until the vesting conditions are met, such as continued employment or achieving specific performance targets. 2. Stock Options: Stock options offer employees the opportunity to purchase company stock at a predetermined price, known as the exercise price, within a specified timeframe. This provides employees with the potential to profit from the increase in the stock's value over time. 3. Performance-Based Stock Awards: These awards are tied to the achievement of predetermined performance goals set by Abase Corporation. They may be granted in the form of RSS or stock options, rewarding employees for exceptional performance and driving the company's success. 4. Employee Stock Purchase Plan (ESPN): The ESPN allows employees to purchase Abase Corporation's common stock at a discounted price. Through regular payroll deductions, employees can accumulate shares and become partial owners of the company. By obtaining the Missouri Approval for its Stock Incentive Plan, Abase Corporation can provide its employees with attractive and competitive compensation packages. This, in turn, enhances the retention, motivation, and loyalty of talented individuals within the organization. The plan strengthens the company's ability to attract top talent and promotes a culture of ownership and shared success among its employees.