The Maricopa Arizona Stock Option Plan of Sunrise Assisted Living, Inc. is a program designed to offer both Incentive Stock Options (SOS) and Nonqualified Stock Options (SOS) to employees, consultants, and advisers of the company. This plan is aimed at incentivizing and rewarding individuals who contribute to the growth and success of Sunrise Assisted Living, Inc. Under this plan, eligible individuals have the opportunity to purchase company stock at a predetermined price within a specified time frame. The stock options granted can be either SOS or SOS, depending on the individual's eligibility and compliance with the plan's requirements. SOS, also known as statutory stock options, are typically granted to employees and have certain tax advantages. These options are subject to specific criteria outlined in the plan, such as a maximum exercise price and a holding period before the stock can be sold. On the other hand, SOS are granted to consultants and advisers, as well as employees who do not meet the requirements for SOS. They offer more flexibility in terms of exercise price and timing of exercise, but are not eligible for favorable tax treatment like SOS. The Maricopa Arizona Stock Option Plan is a valuable tool for attracting and retaining talented individuals in the competitive market. It aligns the interests of employees, consultants, and advisers with those of the company, as they become shareholders and benefit from the company's success. By offering both SOS and SOS, Sunrise Assisted Living, Inc. ensures that a diverse range of individuals can participate in the stock option plan, regardless of their employment status or eligibility for SOS. This inclusivity promotes a sense of ownership and loyalty, motivating individuals to contribute their best to the company's growth. Please note that the specific details and terms of the Maricopa Arizona Stock Option Plan may vary and should be referred to directly for accurate and up-to-date information.
Maricopa Arizona Stock Option Plan of Sunrise Assisted Living, Inc., for grant of Incentive Stock Options and Nonqualified Stock Options to employees, consultants and advisers
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