Document:

f8k062712ex10xiii_wonhehigh.htm

Exhibit 10.13

 

深   圳   市

劳

动

合

同

(适用全日制用工)

Shenzhen

Contract

(Apply to full-time work)

  

1

  

 

深圳市劳动和社会保障局编制

 Compiled by Shenzhen Labor and Social Security Administration

	
甲方(用人单位)

	
乙方(员工)

	
Party A (Employer)

	
Party B (Employee)

	
名称 深圳市网合科技股份有限公司 

	
姓名: 袁茶花

	
Name: Shenzhen Wonhe Technology Co.Ltd.

	

Name:Chahua Yuan

	
住所深圳市南山区松坪山路1号源兴科技大厦南座1001室

	
性别:女

	
Address: Room 1001, South Block, Yuanxing Technology Plaza, No.1, Beisongpingshan Road, North Area, High-tech zone,  Nanshan District, Shenzhen

	
Gender: Female

	
法定代表人

	
身份证(护照)号码 360427198110240823

	
(主要负责人)                            

	  
	
Legal representative

	
IDnumber (Passport):360427198110240823

	
(Principal)

	  
	
联系人                           

	
住址                            

	
Contact                        

	
Address                     

	
联系电话                       

	
联系电话 15999561120

	
Contact Number                      

	
Contact Number 15999561120

  

2

  

 

根据《中华人名共和国劳动法》(一下简称《劳动法》)、《中华人民共和国劳动合同法》(以下简称《劳动合同法》)等有关法律法规的规定,甲乙双方遵循合法、公平、平等自愿、协商一致、诚实信用的原则,签订本合同,共同遵守本合同所列条款。

The contract is hereby concluded by both parties in accordance with Labor Law of the People's Republic of China (“Labor Law”), Labor Contract Law of the People’s Republic of China(“Labor Contact Law”), in the principles of fairness, legitimacy, equality, voluntariness, consensus through negotiation and good faith.

 

一、  合同期限

I   Term

 

(一)  甲乙双方同意按以下第1种方式确定本合同期限。

A. Both parties agree to determine the contract term as the first way below.

 

1、有固定期限:从2011年12月2日起至2012年12月1日止。

a. Fixed term: from Dec.2st, 2011 to Dec. 1st, 2012.

 

2、无固定期限:从年月日起。

b. non-fixed term: from  \  to   \ .

 

3、以完成一定工作任务为期限:从 \ 年\ 月\日起至\  工作任务完成时止。

完成工作任务的标志是        \

c. The term is based on the completion of a specific amount of work: from   \  to the completion of the work.

The symbol of the completion of the work is   \   .

 

  

3

  

 

(二)试用期为无(试用期包括在合同期限内,如无试用期,则填写“无”)。

B. Qualifying period: None (qualifying period is within the term of contract. If not, please mark “none”.)

 

二、工作内容和工作地点

II  Job duties and work address

 

乙方的工作内容(岗位或工种) 主管会计,负责监督工作

Job duties of Party B (position or type of work)  Chief account,

 

乙方的工作地点  深圳

Work address of Party B: Shenzhen

 

三、工作时间和休息休假

III  working time and rest time

 

(一)  甲乙双方同意按以下第1种方式确定乙方的工作时间。

A.  Both parties agree to determine the working time as the first way below.

 

1、标准工时制,即每日工作8小时(不超过8小时),每周工作40小时(不超过40小时),每周至少休息一日。

a.  Standard working hours system, i.e. 8 hour(s)/day (at most 8 hours), 40 hour(s)/week (at most 40 hours), at least one day off per week.

 

  

4

  

 

2、  不定时工作制,即经劳动保障行政部门审批,乙方所在岗位实行不定时工作制。

b.  Non-fixed working hours system approved by the labor and social security department.

 

3、  综合计算工时工作制,即经劳动保障行政部门审批,乙方所在岗位实行综合计算工时工作制。

c.  Cumulative working hour system approved by the labor and social security department.

 

(二)  甲方由于生产经营需要延长工作时间的,按《劳动法》第四十一条执行。

B.  If Party A needs to prolong the working time because of operation, execute Article 41 of the Labor Law.

 

(三)  乙方依法享有法定节假日、婚假、产假、丧假等假期。

C.  Party B shall be entitled to holidays and leaves as stipulated by State, marriage leave, maternity leave, funeral leave, etc.

 

(一)  乙方的其他休息休假安排 。

D.  Other arrangements of holidays of Party B   \

 

  

5

  

 

四、劳动报酬

IV   Compensation

 

(一)  甲方依法制定工资分配制度,并告知乙方,甲方支付给乙方的工资不得低于市政府公布的当年度最低工资。

A.  Party A set the payment distribution system by law, and notices Party B. Party A pays to Party B must not be lower than the minimum wage standards set forth by the local authorities.

 

(二)  乙方每月工资2000.00元(其中试用期每月工资 \ 元)或按\执行。

B.  The monthly salary of Party B is 2000.00 Yuan (qualifying period  \ Yuan/month) or implement according to \  .

 

(三)  甲方每月10日发放工资,甲方至少每月以货币形式向乙方支付一次工资。

C.   Party A shall pay the wage on the 10th of every month, and at least once a month, Party A shall pay to Party B in cash.

 

(四)  乙方加班工资、假期工资及特殊情况下的工资支付按有关法律、法规的规定执行。

D.  In the case of overtime wage, vacation wage and payment in special situations, execute as relevant laws and regulations.

 

(五)  甲乙双方对工资的其它约定 \    。

F. Other agreements about salary by both parties \   .

 

  

6

  

 

五、社会保险和福利待遇

V social insurance and welfare

 

(一)  甲乙双方按照国家和省、市有关规定,参加社会保险。缴纳社会保险费。

A. Party A and Party B shall pay premiums for social security insurance in accordance with the relevant national and local regulations.

 

(二)乙方患病或非因公负伤,甲方应按国家和省、市的有关规定给予乙方享受医疗期和医疗待遇。

B. In case of illnesses or injuries unrelated to work, the salary during the remedial period as well as medical treatment shall be paid in accordance with relevant national and local laws and regulations.

 

(三)乙方患职业病、因公负伤的,甲方按《职业病防治法》、《工商保险条例 》等有关法律法规的规定执行。

C. The salary and Medicare benefits of Party B in case of occupational diseases or work-related injuries shall be paid in accordance with chemical control for occupational disease and industry and commerce insurance regulations.

 

(四)甲方为乙方提供以下福利待遇   \  。

D. Party A shall provide welfare as follows for Party B   \  .

 

 

  

7

  

 

六、劳动保护、劳动条件和职业危害防护

VI Labor protection, labor condition and protection of occupational hazard

 

(一)  甲方按国家和省、市有关劳动保护规定,提供符合国家安全卫生标准的劳动作业场所和必要的劳动防护用品,切实保护乙方在生产工作中的安全和健康。

A. according to laws and regulations related to labor production provided by nation, principle and city, Party A shall provide working conditions and articles of labor protection corresponding with National safety and health standards to ensure Party B’s safety and health during production work.

 

(二)  甲方按国家和省、市有关规定,做好女员工和未成年工的特殊劳动保护工作。

B. Party A shall be through with special labor protection work for women and under age workers according to relevant regulations of State, province and city.

 

(三)乙方从事 \ 作业,可能生产 \ 职业危害,甲方应采取 \ 防护措施,并每年组织乙方健康检查 \次。

C. Party B’s job is \ , which may cause \   occupational hazard. Party A should take \ protection measure, and organize to have health examination for Party B   times/year.

 

(四)乙方有权拒绝甲方的违章指挥,强令冒险作业;对甲方危害生命安全和身体健康的行为,乙方有权要求改正或向有关部门举报。

D. Party B has the right to refuse commands against rules or force operating risks from Party A.

 

  

8

  

 

七、规章制度

VII. Rules and Regulations

 

(一)  甲方依法制定的规章制度,应当告知乙方。

A. Party A should notice Party B about the rules and regulations made by laws.

 

(二)乙方应遵守国家和省、市有关法律法规和甲方乙方制定的规章制度,按时完成工作任务,提高职业技能,遵守安全操作规程和职业道德。

B. Party B should finish tasks on time, improve the professional skills and abide by rules of safe operations and professional ethics.

 

(三)乙方自觉遵守国家和省、市计划生育的有关规定。

C. Party B should abide by the rules and regulations relevant to family planning of the State, province and city.

 

八、合同变更

VIII. Modification of the Contract

 

甲乙双方经协商一致,可以变更合同。变更合同采用书面形式。变更后的合同文本双方各执一份。

The contract may be modified through both parties’ consensus. The modified contract should be in writing and each party holds one.

 

九、合同解除和终止

IX. Cancellation and termination of the contract

 

(一)  甲乙双方协商一致,可以解除合同。

A. The contract may be cancelled through both parties’ consensus.

 

  

9

  

 

(二)乙方提前三十日以书面形式通知甲方,可以解除劳动合同;乙方试用期内提前三日通知甲方,可以解除劳动合同。

B. Party B may cancel the contract by noticing Party A in writing 30 days in advance. Party B may cancel the contract by noticing Party A 3 days in advance during probation period.

 

(三)甲方有下列情形之一的,乙方可以通知甲方解除劳动合同;

C. Party B may notify Party A of terminating the contract, in case any of the following occurs:

 

1、未按照劳动合同规定提供劳动保护或者劳动条件的;

a. not provide labor protection or labor condition in accordance with the contract;

 

2、未及时足额支付劳动报酬的;

b. not pay for the full salary in time;

 

3、未依法为乙方交纳劳动报酬的;

c. not pay for the salary for Party B by laws;

 

4、甲方的规章制度违反法律、法规的规定,损害乙方权益的;

d. the rules and regulations of Party A are against laws, and harm the Party B’s rights and interests;

 

5、甲方以欺诈、胁迫的手段或者乘人之危,使乙方在违背真实意思的情况下订立或者变更本合同,致使劳动合同无效的;

e. Party A uses such means as fraud, coercion or taking advantage of party B’s unfavorable position to sign the labor contract against his or her genuine will, so that the contract becomes invalid;

 

  

10

  

 

6、甲方免除自己的法定责任、排除乙方权利,致使劳动合同无效的;

f. Party A avoids the statutory duty of his/her own and neglects Party B’s right, which made the contract invalid;

 

7、甲方违反法律、行政法规强制性规定,致使劳动合同无效的。

g. Other situations that Party B may dissolve the contract in case that Party A disregards of laws.

 

8、法律、行政法规规定乙方可以解除劳动合同的其他情形。

h. Party B may terminate the labor contract in the permission of related laws, administrative rules and regulations.

 

(四)甲方以暴力、威胁或者非法限制人身自由的手段强迫乙方劳动的,或者甲方违章指挥、强令冒险作业危及乙方人身安全的,乙方可以解除劳动合同,不需事先告知甲方。

D. In case that Party A forces Party B to work by violence, threat or illegal limitations in violation of Party B’s freedom, or Party A breaks rules and regulations to command and force Party B to do dangerous work which endangers Party B’s personal safety, Party B may dissolve contract without notice Party A in advance.

 

(五)乙方有下列情形之一的,甲方可以解除劳动合同:

E. Party A may notify Party B of terminating the contract, in case any of the following occurs:

 

1、在试用期间被证明不符合录用条件的;

a. Party B is proven to be unqualified for Party A’s employment conditions during probation period;

 

2、严重违反甲方的规章制度的;

b. Party B seriously violates rules and regulations;

 

  

11

  

 

3、严重失职,营私舞弊,给甲方造成重大损害的;

c. Party B seriously neglects his/her duty and grafts resulting in Party A’s great loss.

 

4、乙方同时与其他用人单位建立劳动关系,对完成本单位的工作任务照成严重影响,或者经甲方提出,拒不改正的;

d. Party B establishes labor relations with other employing unit simultaneously, which seriously influences on finishing the work of his/her own unit, or put forward by Party A, but refuse to correct.

 

5、乙方以欺诈、胁迫的手段或者乘人之危,使甲方在违背真实意思的情况下订立或者变更本合同,致使劳动合同无效的;

e. Party B uses such means as fraud, coercion or taking advantage of party A’s unfavorable position to sign the labor contract against his or her genuine will, so that the contract becomes invalid;

 

6、被依法追究刑事责任的。

f. The Employee is being charged with criminal offences

 

(六)有下列情形之一的,甲方提前三十日以书面形式通知乙方或者额外支付乙方一个月工资后,可以解除劳动合同:

F. Party A may cancel the contract upon 30 days’ prior written notice to Party B (Probation: 3 days in advance), in case any of the following occurs:

 

1、乙方患病或非因工受伤,在规定的医疗期满后不能从事原工作,也不能从事甲方另行安排的工作的;

a. Party B, due to sickness or injury inflicted off the job, cannot resume his/her work or do the other job reassigned by Party A after specified period of medical treatment;

 

  

12

  

 

2、乙方不能胜任工作,经过培训或者调整工作岗位,仍不能胜任工作的;

b. Party B is unqualified, even after a training or job adjustment;

 

3、劳动合同订立时所依据的客观情况发生重大变化,致使劳动合同无法履行,经甲乙双方协商,未能就变更劳动合同内容达成协议的。

c. The basis for the conclusion of the contract has greatly changed so that the contract can no longer be carried out, while both parties cannot reach an agreement on modifying the contract by mutual negotiation.

 

(七)有下列情形之一,甲方需要裁减人员二十人以上或者裁减不走二十人但占甲方职工总数百分之十以上的,甲方应提前三十日向工会或者全体员工说明情况,在听取工会或者职工的意见,并将裁减人员方案向劳动行政部门报告后,可以裁减人员:

G. Party A needs to lay off 20 more employees or cannot lay off 20 employees but take more than 10% of the whole staff, Party A should express the situation to the labor union or the whole staff 30 days in advance. After consider about the suggestions from the Labor Union or the whole staff, Party A submit the report about laying off staff to the labor administrative department, and then can execute it:

 

1、依照企业破产法规定进行重整的;

a. Reforming in accordance with the Enterprise Bankruptcy Law;

 

  

13

  

 

2、生产经营发生严重困难的;

b. Having serious difficulty in operation;

 

3、企业转产、重大技术革新或者经营方式调整,经变更劳动合同后,仍需剪裁人员的;

c. Still needs to lay off staff after exchange of contract caused by changing the line of production, significant technology innovation or adjustment of business pattern;

 

4、其他因劳动合同订立时所依据的客观经济情况发生重大变化,致使劳动合同无法履行的。

d. The basis for the conclusion of the contract has greatly changed so that the contract can no longer be carried out.

 

(八)有下列情形之一的,劳动合同终止:

H. The contract will terminate in case any of the following occurs:

 

1、劳动合同期满的;

a. The labor contract expires;

 

2、乙方开始依法享受基本养老保险待遇的;

b. Party B begins to enjoy the basic old-age insurance treatments;

 

3、乙方死亡,或者被人民法院选购死亡或者宣告失踪的;

c. Party B is dead, pronounced dead or pronounced missing by the people's court;

 

  

14

  

 

4、甲方被依法宣告破产的:

d. Party A is declared bankruptcy legally;

 

5、甲方被吊销营业执照、责令关闭、撤销或者甲方决定提前解散的;

e. Party A’s business license is revoked; Party A is compelled to close down or dissolve; or Party A decides to dissolve in advance;

 

6、法律、行政法规定的其他情形。

e. Other situations stipulated in laws and administrative provisions.

 

十、经济补偿

X. Financial compensation

 

(一)符合下列情形之一的,甲方应当向乙方支付经济补偿:

A. Party A should pay financial compensation to Party B in case any of the following occurs:

 

1、甲方依据本合同第九条第(一)项规定向乙方提出解除劳动合同并与乙方协商一致解除劳动合同的;

a. Party A puts forward to dissolve the contract in accordance with Item A of Article IX, and the contract may be dissolved after both parties’ agreement through negotiation;

 

2、乙方依据本合同第九条第(三)项、第(四)项规定解除劳动合同的;

b. Party B puts forward to dissolve the contract in accordance with Item C and Item D of Article IX;

 

  

15

  

 

3、甲方依据本合同第九条第(六)项规定解除劳动合同的;

c. Party A puts forward to dissolve the contract in accordance with Item F of Article IX;

 

4、甲方依照本合同第九条第(七)项规定解除劳动合同的;

d. Party A puts forward to dissolve the contract in accordance with Item G of Article IX;

 

5、除甲方维持或者提高劳动合同约定条件续订劳动合同,乙方不同意续订的情形外,依据本合同第九条第(八)项第1目规定终止固定期限劳动合同的;

e. The fixed-term contract may be terminated in accordance with Item H of Article IX, except that Party A maintain or improve the terms of contract in order to renew it but Party B refuses;

 

6、依据本合同第九条第(八)项第4目、第5目规定终止劳动合同的;

f. The contract may be terminated in accordance with section d and e of Item H of Article IX;

 

7、法律、行政法规规定的其他情形。

g. Other situations by laws and administrative laws and regulations.

 

  

16

  

 

(二)甲乙双方解除或终止合同的,经济补偿的发放标准应按《劳动合同法》和国家和省、市有关规定执行。甲方依法应向乙方支付经济补偿的,应在乙方办结工作交接时支付。

B. When revocation or termination of contract occurs, the standard of financial compensation should be in accordance with Labor Contract Laws and National, provincial and municipal related regulations. Party A should pay the financial compensation to Party B by laws after Party B carries out his/her handover.

 

十一、合同解除和终止手续

XI. The Revocation and Termination of the contract

 

甲乙双方解除和终止本合同的,乙方应按双方约定,办理工作交接等手续。甲方应依法向乙方出具书面证明,并在十五日内为乙方办理档案和社会保险关系转移手续。

When revocation and termination occur, Party B should deal with some procedures like work handover according to the agreement. Party A should provide written document for Party B according to the law, and deal with the transformer procedure of files and social insurance within 15 days.

 

十二、争议处理

甲乙双方发生劳动争议的,应先协商解决。协商不成的,可以向本单位工会寻求解决或向本单位劳动争议调解委员会申请调解;也可以直接向劳动争议仲裁委员会申请仲裁。对仲裁裁决无异议的,双方必须履行;对仲裁裁决不服的,可以向人民法院起诉。

XII. If labor dispute occurs, both parties shall resolve it through consultation. In case of failing to reach an agreement, each party may submit the dispute to the labor union of the unit or the Committee of labor dispute mediation of the unit; or submit the dispute to Labor Dispute Arbitration Committee having jurisdiction. If accepting the award, each party must fulfill it; if rejecting the award, each party can take a proceeding.

 

  

17

  

 

十三、双方认为需要约定的其他事项:

XIII. Supplementary provisions:

 

1、  严格遵守《公司保密协议》及公司各项规章制度。

A.  Follow close to <Confidentiality Agreement> and regulations of the company.

 

2、  《公司保密协议》和公司各项规章制度具有同等效力。

B.  <Confidentiality Agreement> has the same effect as the regulations of the company.

 

十四、其它

XIV. Others

 

(一)  本合同未尽事宜或合同条款与现行法律法规规定有抵触的,按现行法律法规执行。

A.  The existing laws and regulations shall apply to any item which is not mentioned in this contract or against the existing laws and regulations.

 

(二)  本合同自甲乙双方签字盖章之日起生效,涂改或未经书面授权代签无效。

B.  This Contract shall become effective upon the date on which this Contract signed or seal affixed by both Parties, any alternation or signature without written authorization is invalid

 

  

18

  

 

(三)  本合同一式两份,甲乙双方各执一份。

C. the agreement in duplicate, each party holds one.

 

	
甲方:(盖章)

	
乙方:(签名): Chahua Yuan

	
Party A: (seal)

	
Party B: (signature)

	 	 
	
法定代表人:童南方

	  
	
Legal representative: Nanfang Tong

	  
	 	 
	
(主要负责人)

	  
	
(Principal)

	  
	 	 
	
Date: Oct. 9, 2011

	
Date: Oct. 9, 2011

 

 

 19NYXIO TECHNOLOGIES CORPORATION

2012 EQUITY INCENTIVE PLAN

 

1.Purpose.
The purpose of this Nyxio Technologies Corporation 2012 Equity Incentive Plan (the “Plan”) is to assist Nyxio Technologies
Corporation, a Nevada corporation (the “Company”), and its subsidiaries in attracting, retaining, and rewarding high-quality
executives, employees, and other persons who provide services to the Company and/or its Affiliates and Subsidiaries, by enabling
these persons to acquire or increase a proprietary interest in the Company. The Plan is intended to recognize the contributions
made to the Company by such persons who provide services to the Company and/or its Affiliates and Subsidiaries, to provide such
persons with additional incentive to devote themselves to the future success of the Company and/or its Affiliates and Subsidiaries,
and to improve the ability of the Company to attract, retain, and motivate individuals upon whom the Company’s sustained
growth and financial success depends. Through the Plan, the Company will provide such persons with an opportunity to acquire or
increase their proprietary interest in the Company, and to align their interest with the interests of Company shareholders, through
the receipt of rights to acquire equity interests in the Company and the issuance of Awards (as defined herein). In addition, the
Plan is intended as an additional incentive to directors of the Company who are not employees of the Company and/or its Affiliates
and Subsidiaries, to serve as directors and devote themselves to the future success of the Company by providing them with an opportunity
to acquire or increase their proprietary interest in the Company through the receipt of rights to acquire equity interests in the
Company. Furthermore, the Plan may be used to encourage consultants and advisors of the Company to further the success of the Company
and/or its Affiliates and Subsidiaries.

 

2.Definitions.
For purposes of the Plan, the following terms shall be defined as set forth below, in addition to such terms defined in Section
1 hereof:

 

(a)“Affiliate”
means an entity which is not a Subsidiary, but in which the Company has an equity interest, provided, however, that no entity will
be considered an Affiliate for purposes of an Award of Nonqualified Stock Options or SARs to an employee or director of, or consultant
to, the entity unless the Stock would be considered “service recipient stock” within the meaning of Code Section 409A,
in the context of such an Award.

 

(b)“Award”
means an award under the Plan of Options, SARs, Restricted Stock, Restricted Stock Units, Performance Shares, Performance Units
or Other Stock-Based Awards granted under the Plan.

 

(c)“Beneficiary”
means the person(s), trust(s) or estate who or which by designation of the Participant in his or her most recent written beneficiary
designation filed with the Company or by operation of law succeeds to the rights and obligations of the Participant under the Plan
and Award agreement upon such Participant’s death.

 

(d)“Board”
means the Board of Directors of the Company.

 

(e)“Cause”
means, unless otherwise defined in an Award agreement or in an Employment Agreement:

 

(1)the commission
by the Participant of (A) a felony or (B) any serious crime involving fraud, dishonesty or breach of trust;

 

(2) gross
negligence or intentional misconduct by the Participant with respect to the Company or any affiliate thereof or in the performance
of his duties to the Company or any affiliate thereof;

 

(3) failure
to follow a reasonable, lawful and specific direction of the President and CEO of the Company;

 

(4) failure
by the Participant to cooperate in any corporate investigation, or

 

(5) breach
by the Participant of any material provision of an employment agreement entered into between the Company or its subsidiaries and
the Participant, which breach is not corrected by the Participant within ten (10) calendar days after receipt by the Participant
of written notice from the Company or Affiliate of such breach.

    	 

    	 

    
 

For purposes of this definition, no
act or failure to act by the Participant shall be considered “intentional” unless done or omitted to be done by the
Participant in bad faith and without reasonable belief that the Participant’s action or omission was in the best interests
of the Company or Affiliate.

 

(f)“Change
of Control” means the happening of any of the following events:

 

(1)The acquisition
by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act (a “Person”))
of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 20% or more of either (A) the
then outstanding shares of Stock (the “Outstanding Company Common Stock”) or (B) the combined voting power of the then
outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company
Voting Securities”), provided, however, that the following acquisitions shall not constitute a Change of Control: (i) any
acquisition directly from the Company; (ii) any acquisition by the Company; (iii) any acquisition by any employee benefit plan
(or related trust) sponsored or maintained by the Company or any company controlled by the Company; or (iv) any acquisition by
any corporation pursuant to a transaction described in clauses (A), (B) and (C) of paragraph (3) of this Section 2(f); or

 

(2) Individuals
who, as of the effective date of the Plan, constitute the Board (the “Incumbent Board”) cease for any reason to constitute
at least a majority of the Board, provided, however, that any individual becoming a director subsequent to such effective date
whose election, or nomination for election by the stockholders of the Company, was approved by a vote of at least a majority of
the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent
Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual
or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation
of proxies or consents by or on behalf of a Person other than the Board; or

 

(3) Approval
by the stockholders of the Company of a reorganization, merger, share exchange or consolidation (a “Business Combination”),
unless, in each case following such Business Combination: (A) all or substantially all of the individuals and entities who were
the beneficial owners, respectively, of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately
prior to such Business Combination beneficially own, directly or indirectly, more than 50% of, respectively, the then-outstanding
shares of common stock and the combined voting power of the then-outstanding voting securities entitled to vote generally in the
election of directors, as the case may be, of the corporation resulting from such Business Combination (including, without limitation,
a corporation that as a result of such transaction owns the Company through one or more subsidiaries) in substantially the same
proportions as their ownership, immediately prior to such Business Combination of the Outstanding Company Common Stock and Outstanding
Company Voting Securities, as the case may be; (B) no Person (excluding any employee benefit plan (or related trust) of the Company
or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 25% or more of, respectively,
the then outstanding shares of common stock of the corporation resulting from such Business Combination or the combined voting
power of the then-outstanding voting securities of such corporation Company except to the extent that such Person owned 25% or
more of the Outstanding Company Common Stock or Outstanding Company Voting Securities prior to the Business Combination; and (C)
at least a majority of the members of the board of directors of the corporation resulting from such Business Combination were members
of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board, providing for such
Business Combination; or

    	2

    	 

    
 

(4) Approval
by the stockholders of the Company of (A) a complete liquidation or dissolution of the Company or (B) the sale or other disposition
of all or substantially all of the assets of the Company, other than to a corporation with respect to which, following such sale
or other disposition: (i) more than 50% of, respectively, the then-outstanding shares of common stock of such corporation and the
combined voting power of the then-outstanding voting securities of such corporation entitled to vote generally in the election
of directors is then beneficially owned, directly or indirectly, by all or substantially all of the individuals and entities who
were the beneficial owners, respectively, of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately
prior to such sale or other disposition in substantially the same proportion as their ownership, immediately prior to such sale
or other disposition, of the Outstanding Company Common Stock and Outstanding Company Voting Securities, as the case may be; (ii)
less than 25% of, respectively, the then outstanding shares of common stock of such Company and the combined voting power of the
then outstanding voting securities of such Company entitled to vote generally in the election of directors is then beneficially
owned, directly or indirectly, by any Person (excluding any employee benefit plan (or related trust) of the Company or such Company),
except to the extent that such Person owned 25% or more of the Outstanding Company Common Stock or Outstanding Company Voting Securities
prior to the sale or disposition; and (iii) at least a majority of the members of the board of directors of such corporation were
members of the Incumbent Board at the time of the execution of the initial agreement, or of the action of the Board, providing
for such sale or other disposition of assets of the Company or were elected, appointed or nominated by the Board.

 

(g)“Change
of Control Price” means the greater of (A) the highest Fair Market Value of a share of Stock during the 60-day period ending
on the date of the Change of Control, and (B) the highest price per share of Stock paid to holders of Stock in any transaction
(or series of transactions) constituting or resulting from the Change of Control, provided, however, that, in the case of ISOs,
unless the Committee otherwise provides, such price will be based only on transactions occurring on the date on which the ISOs
are cashed out.

 

(h)“Code”
means the Internal Revenue Code of 1986, as amended from time to time, including regulations thereunder and successor provisions
and regulations thereto.

 

(i)“Commission”
means the Securities and Exchange Commission or any successor agency.

 

(j)“Committee”
means the Compensation Committee of the Board, if formed, and in the absence of one, shall mean the Board or its delegate.

 

(k)“Common
Stock” or “Stock” means the common stock of the Company, and such other securities as may be substituted (or
resubstituted) for Common Stock pursuant to Section 13(d) hereof.

 

(l) “Company”
means Nyxio Technologies Corporation or any successor thereto.

 

(m) “Consultant”
means any person who is engaged by the Company or any Subsidiary to render consulting or advisory services to such entity, and
any natural person, including an advisor, who is engaged by the Company or any Subsidiary, to render bona fide consulting or advisory
services to such entity and who is compensated for the services.

 

(n) “Director”
means a member of the Board.

 

(o)“Disability”
or “Disabled” means the absence of the Participant from the Participant’s duties with the Company on a full time
basis for 180 consecutive days as a result of incapacity due to mental or physical illness which is determined to be total and
permanent by a physician selected by the Company or its insurers and reasonably acceptable to the Participant or the Participant’s
legal representative.

 

(p)“Effective
Date” means February 28, 2012.

 

(q)“Eligible
Employee” means such employees of the Company and its Subsidiaries or Affiliates, including each Executive Officer and employees
who may also be directors of the Company, that are selected by the Committee, in its sole discretion, from time to time to receive
an Award under the Plan. An employee on leave of absence may be considered as still in the employ of the Company, Subsidiary or
Affiliate for purposes of eligibility for participation in the Plan.

    	3

    	 

    
 

(r)“Employment
Agreement” means, with respect to any Participant, any written agreement executed by the Participant and the Company, Subsidiary
or Affiliate setting forth the specific terms and conditions of the Participant’s employment with the Company, Subsidiary
or Affiliate.

 

(s)“Exchange
Act” means the Securities Exchange Act of 1934, as amended from time to time, including rules thereunder and successor provisions
and rules thereto.

 

(t)“Executive
Officer” means an executive officer of the Company as defined under the Exchange Act.

 

(u)“Fair
Market Value” means, on any date, the average of the opening and closing sales prices of the Common Stock on the exchange
on which the Common Stock is traded on that date, or if no prices are reported on that date, on the last preceding date on which
such prices of the Common Stock are so reported. In the event the Common Stock is not publicly traded at the time a determination
of its value is required to be made hereunder, the determination of its fair market value shall be made by the Committee in such
manner as it deems appropriate, consistent with Treasury regulations and other formal Internal Revenue Service guidance under Code
Section 409A so that Awards of Nonqualified Stock Options or SARs granted under this Plan shall not constitute deferred compensation
subject to Code Section 409A.

 

(v)“Good
Reason” means the Termination of Employment by the Participant for any of the following reasons, the occurrence of which
has been properly noticed in writing and such “Good Reason” event has not been cured within ten (10) business days
after Participant’s receipt of such written notice:

 

(1)involuntary
reduction in the Participant’s Base Salary unless such reduction occurs simultaneously with a reduction in officers’
salaries generally applicable on a company-wide basis;

 

(2)involuntary
discontinuance or reduction in bonus award opportunities for the Participant under the Company’s incentive or bonus plan
unless a generally applicable company-wide reduction or elimination of all officers’ bonus awards occurs simultaneously with
such discontinuance or reduction;

 

(3)involuntary
discontinuance of the Participant’s participation in any employee benefit plans maintained by the Company, Subsidiary or
Affiliate unless such plans are discontinued by reason of law or loss of tax deductibility to the Company, Subsidiary or Affiliate
with respect to contributions to such plans, or are discontinued as a matter of Company policy applied equally to all participants
in such plans that are in the same classification of employees as the Participant;

 

(4)failure
to obtain an assumption of the Company’s, Subsidiary’s or Affiliate’s obligations under the Participant’s
Employment Agreement by any successor to the Company, Subsidiary or Affiliate (as applicable), regardless of whether such entity
becomes a successor as a result of a merger, consolidation, sale of assets, or other form of reorganization, except when the rights
and obligations of the Company, Subsidiary or Affiliate under such Employment Agreement are vested in the successor by operation
of law;

 

(5)involuntary
relocation of the Participant’s primary office as specified in the applicable Award agreement to a location more than fifty
(50) miles from the location of that office; and

 

(6)material
reduction of the Participant’s duties in effect on the effective date of the Participant’s most current Employment
Agreement, provided, however that a change in title or reporting line will not constitute Good Reason unless such change is coupled
with a material reduction in the actual duties of the Participant.

 

(w)“Incentive
Stock Option” or “ISO” means any Option intended to be and designated as an incentive stock option within the
meaning of Code Section 422 or any successor provision thereto.

    	4

    	 

    
 

(x)“Management
Objectives” means the measurable performance objective(s) for the Company or any Subsidiary, Affiliate or any unit, division,
geographic region, or function thereof or any individual that may be established by the Committee for a Performance Period with
respect to any performance-based Awards made under the Plan, including Options, SARs, Restricted Stock, Restricted Stock Units,
Performance Shares, Performance Units and Other Stock-Based Awards. Management Objectives may be described in terms of Company-wide
objectives or objectives that are related to the performance of the individual Participant or of the Affiliate, Subsidiary, division,
department, geographic region or function within the Company in which the Participant is employed. The Management Objectives for
Awards that are intended to constitute “performance-based” compensation within the meaning of Section 162(m) of the
Code will be based on one or more of the following criteria: earnings per share; total shareholder return; operating income; net
income; cash flow; free cash flow; return on equity; return on capital; revenue growth; earnings before interest, taxes, depreciation
and amortization (“EBITDA”); stock price; debt-to-capital ratio; stockholders’ equity per share; operating income
as a percent of revenue; gross profit as a percent of revenue; selling, general and administrative expenses as a percent of revenue;
operating cash flow; pre-tax profit; orders; revenue; customer value; or any of the foregoing criteria adjusted in a manner prescribed
within the time permitted under Section 162(m) of the Code by the Committee (i) to exclude one or more specified components of
the calculation thereof or (ii) to include one or more other specified items, including, but not limited to, exclusions under subsection
(i) or inclusions under subsection (ii) designed to reflect changes during the Performance Period in generally accepted accounting
principles or in tax rates, currency fluctuations, the effects of acquisitions or dispositions of a business or investments in
whole or in part, extraordinary or nonrecurring items, the gain or loss from claims or litigation and related insurance recoveries,
the effects of impairment of tangible or intangible assets, or the effects of restructuring or reductions in force or other business
recharacterization activities, income or expense related to defined benefit or defined contribution pension plans, uninsured losses
from natural catastrophes or political and legal developments affecting the Company’s business (including losses as a result
of war, terrorism, confiscation, expropriation, seizure, new regulatory requirements, business interruption or similar events).

 

(y)“Nonqualified
Stock Option” means any Option that is not an Incentive Stock Option.

 

(z)“Option” means
a right, granted to a Participant under Section 7 hereof, to purchase Common Stock at a specified price during specified
time periods.

 

(aa)“Other Stock-Based
Award” means an Award made pursuant to Section 12.

 

(bb)“Participant”
means an Eligible Employee, Director or Consultant who has been granted an Award under the Plan that remains outstanding, including
a person who is no longer an Eligible Employee, Director or Consultant.

 

(cc)“Performance Period”
means, in respect of a Performance Share or Performance Unit, a period of time established by the Committee pursuant to Section
11 of this Plan within which the Management Objectives relating to such Performance Share or Performance Unit are to be achieved.

 

(dd)“Performance Share”
means a bookkeeping entry that records the equivalent of one share of Common Stock awarded pursuant to Section 11 of this
Plan.

 

(ee)“Performance Unit”
means a bookkeeping entry that records a unit awarded pursuant to Section 11 of this Plan that has a value specified in
the agreement evidencing the Award.

 

(ff)“Plan”
means Nyxio Technologies Corporation 2012 Equity Incentive Plan, as set forth herein and as may be amended from time to time.

 

(gg)“Restricted
Stock” means Common Stock awarded to a Participant in accordance with the provisions of Section 9 of the Plan.

 

(hh)“Restricted
Stock Units” or “RSUs” means an Award made pursuant to Section 10 of this Plan of the right to receive
shares of Common Stock at the end of a specified Restriction Period.

    	5

    	 

    
 

(ii)“Spread
Value” means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value,
on the date such value is determined, over the Award’s exercise or grant price, if any.

 

(jj)“Stock
Appreciation Right” or “SAR” means a right granted pursuant to Section 8.

 

(kk)“Subsidiary”
shall have the meaning set forth in Code Section 424(f).

 

(ll)“Termination
of Employment” means the voluntary or involuntary termination of a Participant’s employment with the Company or a Subsidiary
or Affiliate or any reason, including death, Disability, or retirement. With respect to an Eligible Employee who is such solely
by virtue of his service on the Board, “Termination of Employment” means the Eligible Employee’s cessation of
service on the Board. The Committee, in it sole discretion, shall determine whether a Termination of Employment is a result of
Disability, and shall determine whether military or other government or eleemosynary service constitutes a Termination of Employment.
To the extent necessary, “Termination of Employment” will be limited to those circumstances that constitute a “separation
from service” within the meaning of Section 409A of the Code.

 

(mm) “Valuation
Date” means each day on which the exchange on which the Common stock is actively traded is open for business.

 

3.Administration.

 

(a)Authority
of the Committee. The Plan shall be administered by the Committee.  The Committee shall have full and final authority,
in each case subject to and consistent with the provisions of the Plan, to: interpret the provisions of the Plan; select Eligible
Employees, Directors and Consultants to become Participants; make Awards; determine the type, number and other terms and conditions
of, and all other matters relating to, Awards; prescribe Award agreements (which need not be identical for each Participant); adopt,
amend and rescind rules and regulations for the administration of the Plan; construe and interpret the Plan and Award agreements
and correct defects, supply omissions or reconcile inconsistencies therein; and make all other decisions and determinations as
the Committee may deem necessary or advisable for the administration of the Plan. Except as otherwise determined by the Board,
unless the context otherwise requires, all actions and determinations that the Plan contemplates that the Board may take may be
taken by the Committee in its stead.

 

(b)Manner
of Exercise of Committee Authority. Any action of the Committee shall be final, conclusive and binding on all persons, including
the Company, Affiliates, Subsidiaries, Participants, Beneficiaries, transferees under Section 13(c) hereof or other persons
claiming rights from or through a Participant, and shareholders. The Committee shall exercise its authority only by a majority
vote of its members at a meeting or without a meeting by a writing signed by a majority of its members. The express grant of any
specific power to the Committee, and the taking of any action by the Committee, shall not be construed as limiting any power or
authority of the Committee. The Committee may delegate to officers or managers of the Company, Affiliates or Subsidiaries, or committees
thereof, the authority, subject to such terms as the Committee shall determine, to perform administrative functions to the extent
permitted under applicable law. The Committee may appoint agents to assist it in administering the Plan.

 

(c)Limitation
of Liability. The Committee and each member thereof shall be entitled, in good faith, to rely or act upon any report or other
information furnished to it, him or her by any Executive Officer, other officer or employee of the Company or a subsidiary, the
Company’s independent auditors, consultants or any other agents assisting in the administration of the Plan. Members of the
Committee and any officer or employee of the Company or a subsidiary acting at the direction or on behalf of the Committee shall
not be personally liable for any action or determination taken or made in good faith with respect to the Plan, and shall, to the
extent permitted by law, be fully indemnified and protected by the Company with respect to any such action or determination.

    	6

    	 

    
 

4.Stock Subject
to Plan.

 

(a)Overall
Number of Shares Available for Delivery. Subject to adjustment as provided in Section 13(d) hereof, the total number
of shares of Common Stock reserved and available for delivery in connection with Awards under the Plan shall be 4,500,000, provided,
however, that the total number of shares of Common Stock with respect to which ISOs may be granted shall not exceed 4,500,000.
Any shares of Common Stock delivered under the Plan shall consist of authorized and issued or unissued shares. Subject to the adjustments
provided in Section 13(d) hereof, no contraction of the number of shares of Common Stock outstanding will affect the validity
or enforceability of any Awards then outstanding.

 

(b)Application
of Limitation to Grants of Awards. No Award may be granted if the number of shares of Common Stock to be delivered in connection
with such Award exceeds the number of shares of Common Stock remaining available under the Plan minus the number of shares of Common
Stock issuable in settlement of or relating to then-outstanding Options. The Committee may adopt reasonable counting procedures
to ensure appropriate counting, avoid double counting and make adjustments if the number of shares of Common Stock actually delivered
differs from the number of shares previously counted in connection with an Award.

 

(c)Availability
of Shares Not Delivered under Awards. Shares of Common Stock subject to an Award under the Plan which Award is canceled, expired,
forfeited or otherwise terminated without a delivery of shares to the Participant or with the return to the Company of shares previously
delivered, including the number of shares surrendered in payment of any taxes relating to any Award, hereof will again be available
for Awards under the Plan, except that if any such shares could not again be available for Awards to a particular Participant under
any applicable law or regulation, such shares shall be available exclusively for Awards to Participants who are not subject to
such limitation. Notwithstanding the foregoing, (i) shares of Stock tendered in payment of the exercise price of an Option, (ii)
shares of Stock withheld by the Company to satisfy any tax withholding obligation with respect to an Award, and (iii) shares of
Stock that are repurchased by the Company on the open market with the proceeds of the exercise of an Option, may not again be available
for issuance in connection with Awards under the Plan. Also notwithstanding the foregoing, if the Spread Value of a SAR is paid
in shares of Stock, the shares representing the excess, if any, of (a) the number of shares of Stock subject to the SAR over (b)
the number of shares of Stock delivered in payment of the Spread Value may not again be available for issuance in connection with
Awards under the Plan.

 

5.Eligibility.
Awards may be granted under the Plan to Eligible Employees, Directors and Consultants.

 

6.Awards –
General Terms and Limitations.

 

(a)Awards Granted at Fair
Market Value. The exercise price of an Option and the grant price of a SAR may not be less than 100% of the Fair Market Value
on the date of grant. In addition, to the extent that the value of an Other Stock-Based Award is based on Spread Value, the grant
price for the Other Stock-Based Award may not be less than 100% of the Fair Market Value on the date of grant. Notwithstanding
the foregoing, in connection with any reorganization, merger, consolidation or similar transaction in which the Company or any
Subsidiary or Affiliate of the Company is a surviving corporation, the Committee may grant Options, SARs or Other Stock-Based Awards
in substitution for similar awards granted under a plan of another party to the transaction, and in such case the exercise price
or grant price of the substituted Options, SARs or Other Stock-Based Awards granted by the Company may equal or exceed 100% of
the Fair Market Value on the date of grant reduced by any unrealized gain existing as of the date of the transaction in the option,
stock appreciation right or other award being replaced, with the adjusted exercise price determined in accordance with the requirements
of Section 409A of the Code (in the case of a Nonqualified Stock Option) or Section 425 of the Code (in the case of an Incentive
Stock Option).

 

(b)Annual Award Limitation.
The total number of Restricted Stock, RSUs and other shares of Stock subject to or underlying Options, SARs, Performance Shares,
Performance Units and Other Stock-Based Awards awarded to any Participant during any year may not exceed 500,000 shares. A Performance
Share or Performance Unit paid to a Participant with respect to any Performance Period may not exceed $250,000 times the number
of years in the Performance Period.

    	7

    	 

    
 

(c)Performance-Based Awards.
In the discretion of the Committee, any Award granted pursuant to the Plan may be designated as a performance-based award intended
to qualify, through the application of Management Objectives over a specified Performance Period, as “performance-based compensation”
within the meaning, and in accordance with the provisions, of Code Section 162(m).

 

7.Terms of Options.

 

(a)General.
Options may be granted on the terms and conditions set forth in this Section 7. In addition, the Committee may impose
on any Option or the exercise thereof, at the date of grant, such additional terms and conditions, not inconsistent with the provisions
of the Plan, as the Committee shall determine, including terms requiring forfeiture of Options in the event of the Participant’s
Termination of Employment and terms permitting a Participant to make elections relating to his or her Option. Options granted under
the Plan will be in the form of Incentive Stock Options or Nonqualified Stock Options. The Committee shall (subject to Section
13(i)) retain full power and discretion to accelerate, waive or modify, at any time, any term or condition of an Option that
is not mandatory under the Plan.

 

(b)Specific
Terms of Options. The Committee is authorized to grant Options to Participants on the following terms and conditions:

 

(1)Exercise
Price. The exercise price per share of Common Stock purchasable under an Option shall be determined by the Committee, provided
that such exercise price shall be not less than the Fair Market Value of a share of Common Stock on the date of grant of such Option.

 

(2)Vesting.
Each Participant shall acquire a nonforfeitable right to Options awarded to him in accordance with the provisions of the agreement
evidencing the Award of the Options.

 

(3)Time
and Method of Exercise. The Committee shall determine, at the date of grant or thereafter, the time(s) at which or the circumstances
under which an Option may be exercised in whole or in part (including based on completion of future service requirements), the
methods by which such exercise price may be paid or deemed to be paid, the form of such payment, including, without limitation,
cash or Common Stock held for more than six months, and the methods by or forms in which Common Stock will be delivered or deemed
to be delivered to Participants. The specific circumstances under which a Participant may exercise an Option will be set forth
in the agreement evidencing the Award of the Option to the Participant.

 

(4)ISOs.
Except as otherwise expressly provided in the Plan, the Committee may designate, at the time of grant, that the Option is an ISO
under Section 422 of the Code. ISOs may be granted only to those Eligible Employees who are entitled to acquire incentive stock
options from the Company under Code Section 422. The terms of any ISO granted under the Plan shall comply in all respects with
the provisions of Code Section 422. Anything in the Plan to the contrary notwithstanding, no term of the Plan relating to ISOs
shall be interpreted, amended or altered, nor shall any discretion or authority granted under the Plan be exercised, so as to disqualify
either the Plan or any ISO under Code Section 422, unless the Participant has first requested the change that will result in such
disqualification. If any provision of the Plan or any Option designated by the Committee as an ISO shall be held not to comply
with requirements necessary to entitle such Option to such tax treatment, then (1) such provision shall be deemed to have contained
from the outset such language as shall be necessary to entitle the Option to the tax treatment afforded under Section 422 of the
Code, and (2) all other provisions of the Plan and the Award agreement shall remain in full force and effect. An Option granted
under the Plan will be an ISO only if the agreement evidencing the award of the Option specifically states that the Option is to
be an ISO; if the Agreement does not so state, the Option will be a Nonqualified Stock Option. In addition, an Option may be an
ISO only if it is awarded within ten years after the Effective Date.

    	8

    	 

    
 

(5)Term
of Options. Options will terminate after the first to occur of the following:

 

(i)Expiration of the Option
as provided in the applicable Award agreement as determined by the Committee;

 

(ii)Termination of the Option
Award, as provided for in Section 7(b)(7), following the Participant’s Termination of Employment; or

 

(iii)Ten years from the date
of grant.

 

(6)Acceleration/Extension
of Exercise Time. The Committee, in its sole discretion, shall have the right (but shall not in any case be obligated) to permit
purchase of shares under any Option prior to the time such Option would otherwise vest under the terms of the applicable Award
agreement. In addition, the Committee, in its sole discretion, shall have the right (but shall not in any case be obligated) to
permit any Option granted under the Plan to be exercised after its termination date described in Section 7(b)(7), but in
no event later than the last day of the term of the Option as set forth in the applicable Award agreement. Notwithstanding the
foregoing, the Committee will not extend the exercise period of any Option to the extent that the extension would cause the Option
to be considered nonqualified deferred compensation subject to the provisions of Section 409A.

 

(7)Exercise
of Options Upon Termination of Employment, Death or Disability. Except as otherwise provided in this Section 7(b)(7)
or in Section 7(b)(6), or as otherwise expressly provided in a Participant’s Award agreement as authorized by the
Committee, the right of the Participant to exercise Options shall terminate upon the Participant’s Termination of Employment,
regardless of whether or not the Options were vested in whole or in part on the date of Termination of Employment.

 

(i)Termination of Employment.
Any Option or portion thereof that is not exercisable on the date of a Participant’s Termination of Employment shall immediately
expire, and any Option or portion thereof which is exercisable on the date of such Termination of Employment may be exercised during
a three-month period after such date (after which period the Option shall expire), but in no event may the Option be exercised
after its expiration under the terms of the Award agreement. Notwithstanding the foregoing, if the Participant’s Termination
of Employment is by the Company or an Affiliate for Cause or by the Participant other than for Good Reason, then any Option or
unexercised portion thereof granted to said Participant shall immediately expire upon such Termination of Employment.

 

(ii) Disability
or Death of Participant. In the event of the Disability or death of a Participant under the Plan while the Participant is employed
by the Company or an Affiliate, any Option or portion thereof which is not exercisable on the date of such Disability or death
shall immediately expire, and any Option or portion thereof which is exercisable on the date of such Disability or death may be
exercised at any time from time to time, within a one-year period after the date of such Disability or death, by the Participant,
the guardian of his estate, the executor or administrator of his estate or by the person or persons to whom his rights under the
Option shall pass by will or the laws of descent and distribution (after which period the Option will expire), but in no event
may the Option be exercised after its expiration under the terms of the Award agreement, and provided that an exercise of an Incentive
Stock Option later than three months after the date of the Participant’s death shall be treated as the exercise of a Nonqualified
Stock Option..

			

8.Terms of Stock Appreciation
Rights.

 

(a)General.
A SAR represents the right to receive a payment, in cash, shares of Stock or both (as determined by the Committee), equal to the
Spread Value on the date the SAR is exercised. The grant price of a SAR and all other applicable terms and conditions will be established
by the Committee in its sole discretion and will be set forth in the applicable Award agreement. Subject to the terms of the applicable
Award agreement, a SAR will be exercisable, in whole or in part, by giving written notice of exercise to the Company, but in no
event will a SAR be exercisable later than the tenth anniversary of the date on which it was granted.

    	9

    	 

    
 

(b)Specific
Terms of SARs. The Committee is authorized to grant SARs to Participants on the following terms and conditions:

 

(1)Term
of SARs. SARs will terminate after the first to occur of the following:

 

(i)Expiration
of the SAR as provided in the applicable Award agreement as determined by the Committee;

 

(ii)Termination
of the SAR Award, as provided for in Section 8(b)(2), following the Participant’s Termination of Employment; or

 

(iii) Ten
years from the date of grant.

 

(2)Exercise
of Stock Appreciation Rights Upon Termination of Employment, Death or Disability. Except as otherwise provided in this Section
8(b)(2), or as otherwise expressly provided in a Participant’s Award agreement as authorized by the Committee, the right
of the Participant to exercise the SAR shall terminate upon the Participant’s Termination of Employment, regardless of whether
or not the SAR was vested in whole or in part on the date of Termination of Employment.

 

(i)Termination
of Employment. Any SAR or portion thereof that is not exercisable on the date of a Participant’s Termination of Employment
shall immediately expire, and any SAR or portion thereof which is exercisable on the date of such Termination of Employment may
be exercised during a three-month period after such date (after which period the SAR shall expire), but in no event may the SAR
be exercised after its expiration under the terms of the Award agreement. Notwithstanding the foregoing, if the Participant’s
Termination of Employment is by the Company or an Affiliate for Cause or by the Participant other than for Good Reason, then any
SAR or unexercised portion thereof granted to said Participant shall immediately expire upon such Termination of Employment.

 

(ii) Disability
or Death of Participant. In the event of the Disability or death of a Participant under the Plan while the Participant is employed
by the Company or an Affiliate, any SAR or portion thereof which is not exercisable on the date of such Disability or death shall
immediately expire, and any SAR or portion thereof that is exercisable on the date of such Disability or death may be exercised
at any time from time to time, within a one-year period after the date of such Disability or death, by the Participant, the guardian
of his estate, the executor or administrator of his estate or by the person or persons to whom his rights under the SAR shall pass
by will or the laws of descent and distribution (after which period the SAR will expire), but in no event may the SAR be exercised
after is expiration under the terms of the Award agreement.

 

9.Terms of Restricted Stock Awards.

 

(a)General.
Shares of Restricted Stock may be granted on the terms and conditions set forth in this Section 9. In addition, the
Committee may impose on any Award of Restricted Stock, at the date of grant, such additional terms and conditions, not inconsistent
with the provisions of the Plan, as the Committee shall determine, including terms requiring forfeiture of shares of Restricted
Stock in the event of the Participant’s Termination of Employment and terms permitting a Participant to make elections relating
to his or her shares of Restricted Stock. The Committee shall (subject to Section 13(i)) retain full power and discretion
to accelerate, waive or modify, at any time, any term or condition of an Award of shares of Restricted Stock that is not mandatory
under the Plan. Except in cases in which the Committee is authorized to require other forms of consideration under the Plan, or
to the extent other forms of consideration must be paid to satisfy the requirements of Oregon law, no consideration other than
services may be required for the grant of any shares of Restricted Stock.

 

(b)Vesting.
Each Participant shall acquire a nonforfeitable right to shares of Restricted Stock awarded to him in accordance with the provisions
of the agreement evidencing the Award of the Restricted Stock.

    	10

    	 

    
 

(c)Ownership
Rights. Subject to the terms of the Plan, to divestment based on the forfeiture restrictions applying to an Award of Restricted
Stock and to the other terms of the Award agreement, (i) Restricted Stock granted pursuant to an Award shall for all purposes be
issued and outstanding shares of Common Stock, and (ii) the Participant shall be the record owner of the Restricted Stock granted
by the Award, shall have the right to vote the Restricted Stock as Common Stock on any matter upon which holders of Common Stock
are entitled to vote, and shall be entitled to dividends and distributions on the Restricted Stock which are payable with respect
to outstanding shares of Common Stock.

 

10.Terms of Restricted Stock
Units.

 

(a)Agreement
to Grant Stock. Each such grant or sale shall constitute the agreement by the Company to deliver shares of Common Stock to
the Participant in the future in consideration of the performance of services, but subject to the fulfillment of such conditions
during the Restriction Period as the Board may specify.

 

(b)Exercise
Price. Each such grant or sale may be made without additional consideration or in consideration of a payment by such Participant
that is less than the Fair Market Value at the date of grant.

 

(c)Restrictions.
Each such grant or sale shall be subject to such forfeiture and other restrictions as may be determined by the Board at the date
of grant, and may provide for the lapse or other modification of such restrictions in the event of a Change of Control.

 

(d)Voting
and Dividend Rights. While and to the extent that forfeiture restrictions apply to an Award, the Participant shall have no
right to transfer any rights under his or her Award and shall have no rights of ownership in the Restricted Stock Units and shall
have no right to vote them, but the Board may, at or after the date of grant, authorize the payment of dividend equivalents on
the shares underlying such units on either a current or deferred or contingent basis, either in cash, in additional shares of Common
Stock, or in other rights or property.

 

11.Performance Shares and Performance
Units. 

 

(a)Agreement to Grant Units.
Each grant shall specify the number of Performance Shares or Performance Units to which it pertains, which number may be subject
to adjustment to reflect changes in compensation or other factors.

 

(b)Performance Periods.
The Performance Period with respect to each Performance Share or Performance Unit shall be such period of time commencing with
the date of grant as shall be determined by the Board on the date of grant.

 

(c)Specification of Performance
Goals. Any grant of Performance Shares or Performance Units shall specify Management Objectives which, if achieved, will result
in payment or early payment of the Award, and each grant may specify in respect of such specified Management Objectives a minimum
acceptable level of achievement and shall set forth a formula for determining the number of Performance Shares or Performance Units
that will be earned if performance is at or above the minimum level, but falls short of full achievement of the specified Management
Objectives. The grant of Performance Shares or Performance Units shall specify that, before the Performance Shares or Performance
Units shall be earned and paid, the Board must certify that the Management Objectives have been satisfied.

 

(d)Time and Form of Payment.
Each grant shall specify the time and manner of payment of Performance Shares or Performance Units that have been earned. Any
grant may specify that the amount payable with respect thereto may be paid by the Company in cash, in shares of Common Stock or
in any combination thereof and may either grant to the Participant or retain in the Board the right to elect among those alternatives.

    	11

    	 

    
 

(e)Limitations on Awards.
Any grant of Performance Shares may specify that the amount payable with respect thereto may not exceed a maximum specified
by the Board at the Date of Grant. Any grant of Performance Units may specify that the amount payable or the number of shares of
Common Stock issued with respect thereto may not exceed maximums specified by the Board at the date of grant.

 

(f)Dividend Equivalents.
The Board may, at or after the date of grant of Performance Shares, provide for the payment of dividend equivalents to the
holder thereof on either a current or deferred or contingent basis, either in cash, in additional shares of Common Stock or in
other rights or property.

 

12.Other Stock-Based Awards.

 

(a)Other Stock-Based Awards.
The Committee may grant Awards, other than Options, SARs, Restricted Stock, RSUs, Performance Shares or Performance Units, that
are denominated in, valued in whole or in part by reference to, or otherwise based on or related to Stock. The purchase, exercise,
exchange or conversion of Other Stock-Based Awards granted under this Section 12 and all other terms and conditions applicable
to the awards will be determined by the Committee in its sole discretion and will be set forth in the applicable Award agreement.

 

13.General Provisions.

 

(a)Change
of Control. Notwithstanding any provision of the Plan to the contrary and unless otherwise provided in the applicable Award
agreement, in the event of any Change of Control:

 

(1)Any Option
carrying a right to exercise that was not previously exercisable and vested shall become fully exercisable and vested as of the
time of the Change of Control and shall remain exercisable and vested for the balance of the stated term of such Option without
regard to any Termination of Employment, subject only to (A) applicable restrictions set forth in Section 13(b) and (c)
hereof and (B) the Board’s right to cancel all Options and, if an Option in the Board’s judgment has value based on
its exercise price, provide for a payment of the aggregate spread in the cancelled Options. In addition, a Participant who is an
Executive Officer of the Company and whose employment is involuntarily terminated by the Company within 60 days after a Change
of Control will be permitted to surrender for cancellation within 60 days after the Change of Control any Option or portion of
an Option to the extent not exercised and to receive a payment of shares of Stock having an aggregate Fair Market Value on the
date the Participant surrenders the Option equal to the excess, if any, of (A) the Change of Control Price, over (B) the exercise
price of the Option. The provisions of this Section 13(a)(1) will not be applicable to any Options granted to a Participant
if the Change of Control results from the Participant’s beneficial ownership (within the meaning of Rule 13d(3) under the
Exchange Act) of Stock or Voting Securities;

 

(2)Any SARs
outstanding as of the date the Change of Control occurs will become fully vested and will be exercisable in accordance with procedures
established by the Committee. The provisions of this Section 13(a)(2) will not be applicable to any SARs granted to a Participant
if the Change of Control results from the Participant’s beneficial ownership (within the meaning of Rule 13d(3) under the
Exchange Act) of Stock or Voting Securities;

 

(3)Any restrictions
and other conditions applicable to any Restricted Stock or Restricted Stock Units held by the Participant will lapse and such Restricted
Stock or Restricted Stock Units will become fully vested as of the date of the Change of Control;

 

(4)Any Performance
Shares or Performance Units held by the Participant relating to Performance Periods before the Performance Period in which the
Change of Control occurs that have been earned but not paid will become immediately payable in cash. In addition, any Performance
Shares or Performance Units awarded to a Participant for a Performance Period that has not been completed at the time of the Change
of Control will be deemed satisfied at the target level for the Performance Period, and payment with respect to the Performance
Shares or Performance Units will be made in cash upon the Change of Control. Notwithstanding the foregoing, if the Committee in
its sole discretion determines that any Performance Shares or Performance Units awarded would be considered nonqualified deferred
compensation within the meaning of Section 409A of the Code, and if the Change of Control would not be considered a “change
in control” for purposes of Section 409A of the Code, then a Participant’s entitlement to payment with respect to the
Performance Shares or Performance Units will be determined as described above in Section 13(a)(4), but payment with respect
to such Performance Shares or Performance Units will be made on the date originally scheduled for payment or, if earlier, upon
the Participant’s Termination of Employment; and

    	12

    	 

    
 

(5)Any Other
Stock-Based Awards that vest solely on the basis of the passage of time will be treated in connection with a Change of Control
in the same manner as are Awards of Restricted Shares and RSUs, as described in Section 13(a)(3) above. Other Stock-Based
Awards that vest on the basis of satisfaction of performance criteria will be treated in connection with a Change of Control in
the same manner as are Performance Shares and Performance Units, as described in Section 13(a)(4) above, except that payment
will be made only in shares of Stock. Notwithstanding the foregoing, if the committee in its sole discretion determines that any
Other Stock-Based Award would be considered nonqualified deferred compensation within the meaning of Section 409A of the Code,
and if the Change of Control would not be considered a “change in control” for purposes of Section 409A of the Code,
then a Participant’s entitlement to payment with respect to the Other Stock-Based Award will be determined as described above
in this Section 13(a)(5), but payment with respect to such Other Stock-Based Award will be made on the date originally scheduled
for payment, or, if earlier, upon the Participant’s Termination of Employment.

 

(b)Compliance
with Legal and Other Requirements. The Company may, to the extent deemed necessary or advisable by the Committee, postpone
the issuance or delivery of Common Stock or payment of other benefits under any Award until completion of such registration or
qualification of such Common Stock or other required action under any federal or state law, rule or regulation, listing or other
required action with respect to any stock exchange or automated quotation system upon which the Common Stock or other securities
of the Company may in the future be listed or quoted, or compliance with any other obligation of the Company, as the Committee
may consider appropriate, and may require any Participant to make such representations, furnish such information and comply with
or be subject to such other conditions as it may consider appropriate in connection with the issuance or delivery of Common Stock
or payment of other benefits in compliance with applicable laws, rules, and regulations, listing requirements, or other obligations.

 

(c)Limits
on Transferability; Beneficiaries. No Award or other right or interest of a Participant under the Plan shall be pledged, hypothecated
or otherwise encumbered or subject to any lien, obligation or liability of such Participant to any party (other than the Company
or a subsidiary), or assigned or transferred by such Participant otherwise than by will or the laws of descent and distribution
or to a Beneficiary upon the death of a Participant, and Options, SARs or Other Stock-Based Awards that may be exercisable shall
be exercised during the lifetime of the Participant only by the Participant or his or her guardian or legal representative, except
that Options (other than ISOs), SARs and Other Stock-Based Awards may be transferred to one or more Beneficiaries or other transferees
during the lifetime of the Participant, and may be exercised by such transferees in accordance with the terms of such Option, SAR,
or Other Stock Based Award but only if and to the extent such transfers are permitted by the Committee pursuant to the express
terms of an Option, SAR or Other Stock-Based Award agreement (subject to any terms and conditions which the Committee may impose
thereon). A Beneficiary, transferee, or other person claiming any rights under the Plan from or through any Participant shall be
subject to all terms and conditions of the Plan and any Award agreement applicable to such Participant, except as otherwise determined
by the Committee, and to any additional terms and conditions deemed necessary or appropriate by the Committee.

 

(d)Adjustments.
In the event that any dividend or other distribution (whether in the form of cash, Common Stock, or other property), capital contribution,
recapitalization, forward or reverse split, reorganization, merger, acquisition, consolidation, spin-off, combination, repurchase,
share exchange, liquidation, dissolution or other corporate transaction or event affects the Common Stock such that an adjustment
is determined by the Committee to be appropriate under the Plan, then the Committee shall, in such manner as it may deem equitable,
adjust any or all of (1) the number and kind of shares of Common Stock which may be delivered in connection with Awards granted
thereafter, (2)  the number and kind of shares of Common Stock subject to or deliverable in respect of Awards and (3) the
exercise price, grant price or purchase price relating to any Award and/or make provision for payment of cash or other property
in respect of any outstanding Award. In addition, the Committee is authorized to make such adjustments in the terms and conditions
of, and the criteria included in, Awards as the Committee deems equitable in recognition of unusual or nonrecurring events (including,
without limitation, events described in the preceding sentence, as well as acquisitions and dispositions of businesses and assets)
affecting the Company, Subsidiary or any business unit, or the financial statements of the Company or Subsidiary, or in response
to changes in applicable laws, regulations, accounting principles, tax rates and regulations or business conditions or in view
of the Committee’s assessment of the business strategy of the Company, Subsidiary or business unit thereof, performance of
comparable organizations, economic and business conditions, personal performance of a Participant, and any other circumstances
deemed relevant.

    	13

    	 

    
 

(e)Payments
and Payment Deferrals. Payment of Awards may be in the form of cash, Stock, other Awards or combinations thereof as the Committee
may determine, and with such restrictions as it may impose. The Committee, either at the time of grant or by subsequent amendment,
may require or permit deferral of the payment of Awards under such rules and procedures as it may establish. It also may provide
that deferred settlements include the payment or crediting of interest or other earnings on the deferred amounts, or the payment
or crediting of dividend equivalents where the deferred amounts are denominated in Stock equivalents. Notwithstanding the foregoing,
no action will be taken or authorized pursuant to this Section 13(e) to the extent that it would violate the requirements
of Section 409A of the Code or cause any Award of Options or SARs to be considered to provide for the deferral of compensation
within the meaning of Section 409A of the Code.

 

The Committee may require that each
person acquiring shares of Stock pursuant to an Award to represent to and agree with the Company in writing that such person is
acquiring the shares without a view to the distribution thereof. The certificates for such shares may include any legend that the
committee deems appropriate to reflect any restrictions on transfer. All certificates for shares of Stock or other securities delivered
under the Plan will be subject to such stock transfer orders and other restrictions as the Committee may deem advisable under the
rules, regulations and other requirements of the Commission, any stock exchange upon which the Stock is then listed and any applicable
Federal, state or foreign securities law, and the Committee may cause a legend or legends to be put on any such certificates to
make appropriate reference to such restrictions.

 

(f)Award
Agreements. Each Award under the Plan will be evidenced by a written agreement (which need not be signed by the recipient unless
otherwise specified by the Committee or otherwise provided under the Plan) that sets forth the terms, conditions and limitations
for each Award. Such terms may include, but are not limited to, the term of the Award, vesting and forfeiture provisions, and the
provisions applicable in the event of the recipient’s Termination of Employment. The Committee may amend an Award agreement,
provided that no such amendment may materially and adversely affect an outstanding Award without the Award recipient’s consent.

 

(g)Foreign
Employees. In order to facilitate the making of any grant or combination of grants under this Plan, the Board may provide for
such special terms for Awards to Participants who are foreign nationals or who are employed by the Company or any Subsidiary outside
of the United States of America as the Board may consider necessary or appropriate to accommodate differences in local law, tax
policy or custom. Moreover, the Board may approve such supplements to or amendments, restatements or alternative versions of this
Plan as it may consider necessary or appropriate for such purposes, without thereby affecting the terms of this Plan as in effect
for any other purpose, and the secretary or other appropriate officer of the Company may certify any such document as having been
approved and adopted in the same manner as this Plan. No such special terms, supplements, amendments or restatements, however,
shall include any provisions that are inconsistent with the terms of this Plan as then in effect unless this Plan could have been
amended to eliminate such inconsistency without further approval by the stockholders of the Company.

 

(h)Taxes.
The Company and any Affiliate or Subsidiary is authorized to withhold from any payment to a Participant amounts of withholding
and other taxes due or potentially payable in connection with any transaction involving an Award, and to take such other action
as the Committee may deem advisable to enable the Company and Participants to satisfy obligations for the payment of withholding
taxes and other tax obligations relating to any Award. This authority shall include authority to withhold or receive Common Stock
or other property and to make cash payments in respect thereof in satisfaction of a Participant’s tax obligations (not to
exceed the minimum statutorily required tax withholding), either on a mandatory or elective basis in the discretion of the Committee.

    	14

    	 

    
 

(i)Changes
to the Plan and Awards. The Board, or the Committee acting pursuant to such authority as may be delegated to it by the Board,
may amend, alter, suspend, discontinue or terminate the Plan or the Committee’s authority to grant Awards under the Plan,
provided that, without the consent of an affected Participant, except as otherwise contemplated by the Plan or the terms of an
Award agreement, no such Board action may materially and adversely affect the rights of a Participant under any previously granted
and outstanding Award. Except as otherwise provided in the Plan, the Committee may waive any conditions or rights under, or amend,
alter, suspend, discontinue or terminate any Award theretofore granted and any Award agreement relating thereto, provided that,
without the consent of an affected Participant, except as otherwise contemplated by the Plan or the terms of an Award agreement,
no Committee action may materially and adversely affect the rights of such Participant under such Award.

 

(j)Limitation
on Rights Conferred under Plan. Neither the Plan nor any action taken hereunder shall be construed as (i) giving any Eligible
Employee or Participant the right to continue as an Eligible Employee or Participant or in the employ or service of the Company
or a subsidiary, (ii) interfering in any way with the right of the Company or a Subsidiary to terminate any Eligible Employee’s
or Participant’s employment or service at any time, (iii) giving an Eligible Employee or Participant any claim to be
granted any Award under the Plan or to be treated uniformly with other Participants and employees, or (iv) conferring on a
Participant any of the rights of a shareholder of the Company unless and until the Participant is duly issued or transferred shares
of Common Stock in accordance with the terms of an Option or an Award of Restricted Stock. To the extent that an employee of a
Subsidiary or Affiliate receives an Award under the Plan, that Award can in no event be understood or interpreted to mean that
the Company is the employee’s employer or that the employee has an employment relationship with the Company.

 

(k) Provisions
Held Invalid or Unenforceable. If any provision of the Plan is held invalid or unenforceable, the invalidity or unenforceability
will not affect the remaining parts of the Plan, and the Plan will be enforced and construed as if such provision had not been
included.

 

(l)Nonexclusivity
of the Plan. The adoption of the Plan by the Board shall not be construed as creating any limitations on the power of the Board
or a committee thereof to adopt such other compensation and incentive arrangements for employees, agents and brokers of the Company
and its subsidiaries as it may deem desirable.

 

(m)Payments
in the Event of Forfeitures; Fractional Shares. Unless otherwise determined by the Committee, in the event of a forfeiture
of a share of Common Stock, Option or SAR with respect to which a Participant paid cash or other consideration, the Participant
shall be repaid the amount of such cash or other consideration.

 

(n)Governing
Law. The validity, construction and effect of the Plan, any rules and regulations under the Plan, and any Award agreement shall
be determined in accordance with Oregon law, without giving effect to principles of conflicts of laws, and applicable federal law.

 

(o)Plan
Effective Date. The Plan has been adopted by the Board and the shareholders of the Company as of the Effective Date.

 

(p) Last
Grant Date. No Award may be granted under the Plan after February 28, 2022.

 

(q)Unfunded Status of Plan.
It is presently intended that the Plan constitute an “unfunded” plan for incentive and deferred compensation. The Committee
may authorize the creation of trusts or other arrangements to meet the obligations created under the Plan to deliver Stock or make
payments; however, unless the Committee otherwise determines, the structure of such trusts or other arrangements must be consistent
with the “unfunded” status of the Plan.

    	15

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}]]