Orange California Stock Option Plan is a comprehensive and beneficial employee incentive program offered by Star States Corporation in Orange, California. The plan is designed to reward and motivate employees by granting them the opportunity to purchase company stock at a predetermined price within a specific timeframe. This allows employees to become stakeholders in the company and benefit from its growth and success. The Orange California Stock Option Plan of Star States Corporation provides employees with the option to purchase company stocks at a predetermined exercise price. This exercise price is typically set below the market price at the time of grant, providing employees with a discount on the shares. By granting stock options, Star States Corporation aims to align the interests of its employees with the performance of the company, fostering a sense of ownership and dedication among its workforce. There are multiple types of stock option plans available under the Orange California Stock Option Plan of Star States Corporation, including: 1. Incentive Stock Options (SOS): These are exclusively offered to employees and provide certain tax advantages. SOS are subject to specific rules and regulations set forth by the Internal Revenue Service (IRS), including holding requirements and exercise limitations. 2. Non-Qualified Stock Options (Nests): Nests are available to both employees and non-employee directors. Unlike SOS, Nests do not qualify for any special tax treatment. However, they offer more flexibility in terms of exercise prices and timing. 3. Restricted Stock Units (RSS): In addition to stock options, Star States Corporation may also offer RSS to its employees. RSS represents the right to receive a specific number of company shares after a designated vesting period. Unlike stock options, RSS do not require employees to purchase shares, as they are granted outright. 4. Performance Stock Options: This type of stock option is granted based on the achievement of specific performance goals or targets. Performance Stock Options further incentivize employees to contribute towards the company's growth and success. It is important to note that the specifics of the Orange California Stock Option Plan may vary depending on the individual employee's position, performance, and seniority within Star States Corporation. Employees are encouraged to carefully review the plan documents, consult with financial advisors, and fully understand the terms and conditions associated with their stock options.