The Montgomery Maryland Proposed Stock Option and Award Plan of Fresco, Inc. is a comprehensive plan designed to provide incentives and rewards to employees of the company. This plan aims to attract and retain top talent by offering them an opportunity to participate in the company's growth and success. The proposed stock option plan offers employees the right to purchase a specified number of shares of Fresco, Inc. stock at a predetermined price, known as the exercise price. This allows employees to benefit from any increase in the company's stock value over time. By aligning the interests of employees with the performance of the company, the stock option plan promotes motivation and loyalty among the workforce. Additionally, the proposed award plan aims to recognize and reward exceptional performance by employees. It offers different types of awards, including stock grants, stock appreciation rights, and cash bonuses. These awards are based on predetermined criteria, such as achieving specific performance goals or reaching milestones set by the company. The proposed Montgomery Maryland Stock Option and Award Plan of Fresco, Inc. is carefully designed to provide flexibility and maximize its effectiveness. It includes provisions for stock options to be offered to employees at different levels, including executive officers, senior management, and employees. This ensures that the plan is inclusive and caters to employees across the organizational hierarchy. Furthermore, the plan includes provisions for stock option vesting, which determines when employees can exercise their stock options. Vesting schedules may differ based on various factors, such as the employee's position and tenure with the company. This helps incentivize employees to remain with the company for the long term and contribute to its ongoing success. Overall, the Montgomery Maryland Proposed Stock Option and Award Plan of Fresco, Inc. is a comprehensive and flexible framework that aims to attract, motivate, and retain top talent by offering them the opportunity to participate in the company's growth and success through stock options and various awards. Its careful design makes it an effective tool for aligning the interests of employees with the goals of the company.