Equity Incentive Plan

An equity incentive plan provides incentives to eligible recipients in the form of incentive stock options, nonstatutory stock options, stock appreciation rights, restricted stock awards, restricted stock unit awards, performance stock awards and performance cash awards. The plan specifies who is eligible for such awards, as well as how the award vests, whether the award is transferable, and how the award is treated upon the termination of service.

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Equity Incentive Plan