The Oregon Approval of Abase Corporation's Stock Incentive Plan is a crucial aspect of the company's overall compensation strategy. It is a comprehensive plan formulated to attract and retain talented individuals by offering them incentives in the form of stock options or grants. This plan is designed to incentivize key employees, executives, and directors, aligning their interests with those of Abase Corporation's shareholders. The primary goal of the Oregon Approval of Abase Corporation's Stock Incentive Plan is to motivate and reward employees for their contributions towards the company's success, driving increased shareholder value in the long term. By aligning employees' interests with those of the shareholders, this plan serves as a valuable tool for boosting productivity, retaining top talent, and fostering organizational loyalty. This stock incentive plan offers different types of equity-based compensation, providing participants with various options to suit their individual needs and financial goals. These may include stock options, restricted stock units (RSS), performance-based awards, or stock appreciation rights (SARS). Each type of incentive is carefully designed to align the participant's efforts with the company's performance and maximize shareholder value. The Oregon Approval of Abase Corporation's Stock Incentive Plan ensures compliance with all relevant state regulations and secures the necessary approval from Oregon's regulatory authorities. This approval represents a critical step in the implementation of the plan and ensures that Abase Corporation remains in full compliance with the state's requirements. By obtaining Oregon's approval, Abase Corporation demonstrates its commitment to transparency, accountability, and adherence to legal and regulatory standards. This approval guarantees that the stock incentive plan is fair, equitable, and abides by the state's guidelines on executive compensation. In conclusion, the Oregon Approval of Abase Corporation's Stock Incentive Plan is an essential aspect of the company's overall compensation strategy. It offers various types of equity-based incentives to reward and motivate employees, aligning their interests with those of the shareholders. Obtaining approval from Oregon ensures compliance with state regulations and underscores Abase Corporation's commitment to transparency and accountability in compensation practices.