San Antonio Texas Proposed Stock Option and Award Plan of Fresco, Inc. The San Antonio Texas Proposed Stock Option and Award Plan of Fresco, Inc. is a comprehensive compensation program designed to incentivize and reward employees for their contributions to the company's success. This innovative plan offers various types of stock options and awards to meet the diverse needs and goals of employees. One type of stock option available under the plan is the incentive stock option (ISO). This option allows employees to purchase company stock at a predetermined price, known as the exercise price. SOS provide tax advantages as they are typically taxed at a lower rate when the stock is sold. Employees must meet certain criteria to qualify for SOS. Another type of stock option offered is the non-qualified stock option (NO). SOS are more flexible than SOS as they are not subject to the strict eligibility requirements. SOS provide employees with the opportunity to purchase company stock at a predetermined price, however, they may be subject to higher tax rates upon sale. The San Antonio Texas Proposed Stock Option and Award Plan also includes restricted stock awards. These awards grant employees actual company stock as opposed to options. However, the stock is typically subject to a vesting schedule, requiring employees to work for a certain period or meet specific performance goals before gaining full ownership. Performance stock options are another component of the plan, providing employees with the opportunity to earn stock options based on their individual or company-wide performance. These options are contingent on achieving predetermined goals or benchmarks and can serve as a powerful motivator for employees to excel in their roles. Additionally, the plan may include employee stock purchase plans (ESPN). ESPN allow employees to purchase company stock at a discounted price, often through payroll deductions. This provides employees with a convenient and affordable way to invest in the company's growth. Overall, the San Antonio Texas Proposed Stock Option and Award Plan of Fresco, Inc. demonstrates the company's commitment to attracting and retaining top talent by offering a comprehensive range of stock options and awards. By aligning employee interests with company performance, this plan aims to drive engagement, loyalty, and long-term success for both individuals and the organization.