AMENDED AND RESTATED 2015 EQUITY INCENTIVE PLAN
ADOPTED BY THE BOARD OF DIRECTORS: JANUARY 29, 2015
APPROVED BY THE STOCKHOLDERS: JANUARY 29, 2015
AMENDED BY THE BOARD OF DIRECTORS: MAY 12, 2015
APPROVED BY THE STOCKHOLDERS: MAY 12, 2015
AMENDED AND RESTATED BY THE BOARD OF DIRECTORS: OCTOBER 3, 2016
AMENDED BY THE BOARD OF DIRECTORS: OCTOBER 10, 2017
APPROVED BY THE STOCKHOLDERS: OCTOBER 10, 2017
AMENDED BY THE BOARD OF DIRECTORS: JUNE 3, 2018
APPROVED BY THE STOCKHOLDERS: JUNE 4, 2018
AMENDED BY THE BOARD OF DIRECTORS: JULY 9, 2018
APPROVED BY THE STOCKHOLDERS: JULY 12, 2018
AMENDED BY THE BOARD OF DIRECTORS: MARCH 5, 2020
APPROVED BY THE STOCKHOLDERS: MARCH 10, 2020
TERMINATION DATE: JANUARY 28, 2025
(a) Eligible Stock Award Recipients. Employees, Directors and Consultants are eligible to receive Stock Awards.
(b) Available Stock Awards. The Plan provides for the grant of the following types of Stock Awards: (i) Incentive Stock Options, (ii) Nonstatutory Stock Options, (iii) Stock Appreciation Rights, (iv) Restricted Stock Awards, (v) Restricted Stock Unit Awards and (vi) Other Stock Awards.
(c) Purpose. The Plan, through the granting of Stock Awards, is intended to help the Company secure and retain the services of eligible award recipients, provide incentives for such persons to exert maximum efforts for the success of the Company and any Affiliate and provide a means by which the eligible recipients may benefit from increases in value of the Common Stock.
(a) Administration by Board. The Board will administer the Plan. The Board may delegate administration of the Plan to a Committee or Committees, as provided in Section 2(c).
(b) Powers of Board. The Board will have the power, subject to, and within the limitations of, the express provisions of the Plan:
(i) To determine (A) who will be granted Stock Awards; (B) when and how each Stock Award will be granted; (C) what type of Stock Award will be granted; (D) the provisions of each Stock Award (which need not be identical), including when a person will be permitted to exercise or otherwise receive cash or Common Stock under the Stock Award; (E) the number of shares of Common Stock subject to a Stock Award; and (F) the Fair Market Value applicable to a Stock Award.