The Virgin Islands Proposal to Approve Adoption of Stock Option and Long-Term Incentive Plan of The Golf Technology Holding, Inc. is an important decision that requires careful consideration. This proposal aims to introduce a comprehensive stock option and long-term incentive plan for the company's employees and executives, aiming to align their interests with the overall growth and success of the organization. Keywords: Virgin Islands, Proposal, Adoption, Stock Option, Long-Term Incentive Plan, Golf Technology Holding, Inc. This proposal includes various types of incentives and benefits that will be granted to eligible employees and executives within The Golf Technology Holding, Inc. Depending on their roles and contributions to the company, different categories of individuals may be eligible for different types of incentives. Types of the Virgin Islands Proposal to Approve Adoption of Stock Option and Long-Term Incentive Plan of The Golf Technology Holding, Inc. could include, but are not limited to: 1. Employee Stock Options: Under this plan, eligible employees and executives will have the opportunity to acquire company stocks at a predetermined price over a specific period. This allows them to become shareholders, aligning their interests with the company's success, and potentially benefiting from any increase in stock value. 2. Long-Term Performance-Based Incentives: This type of incentive offers eligible employees and executives the possibility of earning additional financial rewards based on the company's long-term performance metrics. These incentives may be tied to key performance indicators or specific goals set by the company and can be accrual-based or granted at specified time intervals. 3. Restricted Stock Units (RSS): This component of the proposal grants eligible employees and executives a certain number of shares that will vest over a predetermined period. Once the vesting conditions are met, these shares will be fully owned by the recipient, providing them with a proportional stake in the company. 4. Performance Share Units (Plus): This incentive type is directly linked to the company's performance and allows eligible employees and executives to receive a specific number of shares based on the achievement of predetermined goals or targets. The shares granted under this plan usually vest over a specified period. 5. Stock Appreciation Rights (SARS): SARS provide employees and executives with the opportunity to benefit from the increase in company stock value over a specified period. The value of SARS is generally determined by the difference between the stock price at the time of exercise and the price at the time of grant. The Virgin Islands Proposal to Approve Adoption of Stock Option and Long-Term Incentive Plan highlights the company's commitment to attracting, retaining, and motivating top talent. By offering various forms of incentives, The Golf Technology Holding, Inc. aims to create a competitive compensation package that rewards employees and executives for their outstanding contributions to the company's growth and success. This proposal signifies a proactive approach to aligning the interests of stakeholders and fostering a culture of shared success within the company.