The San Antonio Texas Stock Option Plan is a program designed to provide employees of Pacific Animated Imaging Corp. with the opportunity to purchase company stock at a predetermined price, known as the exercise price. By offering this plan, the company aims to incentivize and reward employees for their hard work, loyalty, and commitment to the company's growth and success. The Incentive Stock Option Plan is one type of stock option plan that can be approved under the San Antonio Texas Stock Option Plan. This plan provides certain tax advantages to employees who exercise their stock options. It is primarily targeted towards key employees and is intended to encourage them to contribute to the company's long-term growth and profitability. Under this plan, employees have the right to purchase company stock at a predetermined price, the exercise price, within a specified period. Another type of stock option plan that can be considered under the San Antonio Texas Stock Option Plan is the Non-Qualified Stock Option Plan. This plan is different from the Incentive Stock Option Plan in terms of tax treatment and eligibility requirements. Non-qualified stock options are typically offered to a wider range of employees and do not come with the same tax advantages as incentive stock options. However, they still provide employees with the opportunity to purchase company stock at a predetermined price over a specified period. The approval of the San Antonio Texas Stock Option Plan and its various types is crucial for Pacific Animated Imaging Corp. It serves as a powerful tool for attracting and retaining talent, motivating employees to perform at their best, and aligning their interests with those of the company. By participating in these stock option plans, employees have the potential to benefit from the company's success and potential future growth.