The Hillsborough Florida Proposed Stock Option and Award Plan of Fresco, Inc. is a comprehensive and well-structured program that aims to benefit the employees and stakeholders of Fresco, Inc. This proposal outlines various types of stock options and awards provided by the company to its eligible participants. Under this plan, Fresco, Inc. offers several key types of stock options and awards to its employees. The first type is the Non-Qualified Stock Option (NO), which gives employees the right to purchase company shares at a predetermined price at a specified future date. This type of option offers flexibility and can be tailored to meet the individual needs of the employees. Another type of option available is the Incentive Stock Option (ISO), which is designed to reward outstanding performance and drive long-term commitment among employees. SOS offer tax advantages, provided certain conditions are met, and encourage employee retention and loyalty. Additionally, the proposed plan includes Restricted Stock Units (RSS) that assist in motivating employees. RSS grant participants actual shares of company stock upon meeting specified performance targets or vesting criteria. These awards align the interests of employees with those of the company, fostering a sense of ownership and commitment. The proposed Hillsborough Florida Stock Option and Award Plan also introduces Performance Share Units (Plus). Plus reward employees based on the achievement of predetermined performance goals, such as financial targets or specific milestones. These awards encourage employees to strive for excellence and contribute to the overall success of Fresco, Inc. Furthermore, the plan includes an Employee Stock Purchase Plan (ESPN) enabling eligible employees to purchase company shares at a discounted price. This plan fosters employee participation and provides them with an opportunity to share in the growth and success of Fresco, Inc. In conclusion, the Hillsborough Florida Proposed Stock Option and Award Plan of Fresco, Inc. aims to provide a compelling incentive package for employees, aligning their interests with the growth and prosperity of the company. Through various stock options such as Nests and SOS, along with awards like RSS and Plus, Fresco, Inc. seeks to motivate and retain its workforce while fostering a sense of ownership and commitment to the organization. The ESPN further encourages employee participation and allows them to benefit from the company's success.