San Bernardino California Proposed Stock Option and Award Plan of Fresco, Inc. is a comprehensive employee benefit scheme introduced by Fresco, Inc. in San Bernardino, California. This plan aims to reward and motivate employees by providing them with the opportunity to own company stock and participate in various performance-based awards. The San Bernardino California Proposed Stock Option and Award Plan features multiple types of stock options and awards, tailored to suit the needs of different employees. These options and awards are designed to align the interests of employees with the long-term growth and success of Fresco, Inc. One type of stock option available under this proposed plan is the Non-Qualified Stock Option (NO). This option grants employees the right to purchase a predetermined number of shares at a specified price within a defined timeframe. Nests can be exercised after a vesting period, typically based on the tenure of the employee. Another type of stock option offered is the Incentive Stock Option (ISO). SOS are subject to specific tax regulations and provide employees with advantageous tax treatment compared to Nests. They also require individuals to hold the option for a specific period before exercising it. This encourages long-term commitment and loyalty among employees. Additionally, the San Bernardino California Proposed Stock Option and Award Plan includes various performance-based awards, which are granted based on predetermined performance criteria. These awards motivate employees to achieve specific targets while contributing to the overall growth and success of the company. Performance Share Units (Plus) are one type of award granted to employees. These units represent the right to receive a specific number of shares in the future, contingent upon achieving predetermined milestones. The performance goals can be based on financial performance, operational targets, or other key performance indicators (KPIs) relevant to Fresco, Inc. Restricted Stock Units (RSS) are also part of this proposed plan. RSS grant employees the right to receive company shares after a vesting period, typically dependent on an employee's continued service or the achievement of performance conditions. By offering a diverse range of stock options and awards, the San Bernardino California Proposed Stock Option and Award Plan of Fresco, Inc. provides employees in the San Bernardino, California region with valuable incentives to contribute to the company's growth, long-term sustainability, and overall success.