The Oregon Nonqualified Stock Option Plan of Banker's Note, Inc. is a comprehensive employee compensation program designed to provide incentives and rewards to employees of the company. Under this plan, employees are granted the opportunity to purchase company stock at a predetermined price. The nonqualified stock option plan aims to motivate, retain, and attract talented employees by offering them the chance to participate in the company's growth and success. It provides employees with the right to purchase a specific number of company shares at a discounted price, also known as the exercise price or strike price. There are different types of Oregon Nonqualified Stock Option Plans offered by Banker's Note, Inc. These include: 1. Standard Nonqualified Stock Option Plan: This is the basic version of the plan, where employees receive options that can be exercised over a specified time period. 2. Performance-Based Nonqualified Stock Option Plan: This type of plan is based on achieving certain performance targets or goals. Employees are granted options conditional upon meeting specific performance metrics, such as revenue targets, profit margins, or market share growth. 3. Executive Nonqualified Stock Option Plan: This plan is specifically designed for high-level executives and top management personnel. It provides additional benefits and incentives to attract and retain key executives, aligning their interests with the long-term success of the company. 4. Rolling Nonqualified Stock Option Plan: The rolling plan is designed to provide continuous grants of stock options to employees. As existing grants are exercised or expire, new grants are issued to ensure a consistent flow of incentives and rewards. 5. Reload Nonqualified Stock Option Plan: This plan allows employees to receive additional options when they exercise their existing options. Upon exercising the initial options, employees are granted additional options at the current market price, providing ongoing opportunities for stock ownership. The Oregon Nonqualified Stock Option Plan of Banker's Note, Inc. complies with the relevant laws and regulations governing employee stock incentive plans in the state. It is a valuable tool for promoting employee loyalty, boosting morale, and aligning the interests of employees with the company's success. By participating in this plan, employees have the potential to share in the future growth and financial rewards of Banker's Note, Inc.