The Oklahoma Amended and Restated Stock Option Plan of L. Luria and Son, Inc. is a comprehensive program designed to provide employees of the company with incentives in the form of stock options. This plan allows employees to purchase company stock at a predetermined price, known as the exercise price, for a certain period of time. The Oklahoma Amended and Restated Stock Option Plan ensures that employees have the opportunity to benefit from the success and growth of L. Luria and Son, Inc. It is an integral part of the company's compensation package, aiming to motivate and retain talented individuals within the organization. Under this plan, there are multiple types of stock options available to employees. These include: 1. Non-Qualified Stock Options (Nests): Nests are the most common type of stock option offered. They are not eligible for special tax treatment and are typically granted at the current market value of the company's stock. 2. Incentive Stock Options (SOS): SOS are special stock options that offer potential tax benefits to the employees. They are subject to specific rules and regulations outlined by the Internal Revenue Service (IRS). SOS often have strict eligibility criteria and are typically granted with a lower exercise price. 3. Restricted Stock Units (RSS): RSS are a type of stock-based compensation where employees receive the company's stock as units. These units convert into actual stock shares over a vesting period determined by the company. RSS offers a way for employees to own company stock without having to purchase it directly. 4. Performance Stock Units (Plus): Plus are similar to RSS, but their vesting is contingent upon meeting predetermined performance goals or milestones. This type of stock option plan often aligns employee rewards with the company's performance objectives. The Oklahoma Amended and Restated Stock Option Plan provides employees with the opportunity to participate in the company's growth and success. By utilizing innovative stock-based compensation methods, L. Luria and Son, Inc. aims to attract, retain, and motivate talented individuals who contribute to the company's overall achievement.