Document:

Exhibit
10.1

Heska
Corporation

1997 Stock Incentive Plan

(As Amended March 6, 2007 and May 5, 2009,

Amended and Restated on February 22, 2012,

Further Amended on March 25, 2014

And Further Amended and Restated on May 6, 2014)

Table
of Contents

	ARTICLE 1. INTRODUCTION	1
	 	 	 
	ARTICLE 2. ADMINISTRATION	1 
	2.1	Committee
Composition	 1  
	2.2	Committee
Responsibilities	 2
	 	 	 
	ARTICLE 3. SHARES AVAILABLE FOR GRANTS	2
	3.1	Basic
Limitation	 2
	3.2	Annual
Increase in Shares	 2
	3.3	Additional
Shares	 3
	3.4	One
Time Increase	 3
	 	 	 
	ARTICLE 4. ELIGIBILITY	 3
	4.1	Nonstatutory
Stock Options and Restricted Shares	 3
	4.2	Incentive
Stock Options	 3
	 	 	 
	ARTICLE 5. OPTIONS	3
	5.1	Stock Option Agreement	3
	5.2	Number of Shares	3
	5.3	Exercise Price	4
	5.4	Exercisability and Term	4
	5.5	Effect
of Change in Control	4
	5.6	Modification
or Assumption of Options	4
	5.7	Buyout
Provisions	4
	 	 	 
	ARTICLE 6. PAYMENT FOR OPTION SHARES	5
	6.1	General
Rule	5
	6.2	Surrender
of Stock	5
	6.3	Exercise/Sale	5
	6.4	Exercise/Pledge	5
	6.5	Promissory
Note	5
	6.6	Other
Forms of Payment	5
	 	 	 
	ARTICLE 7. [RESERVED]	6
	 	 	
	ARTICLE 8. RESTRICTED SHARES	6
	8.1 
	Time,
Amount and Form of Awards	6
	8.2	Payment
for Awards	6
	8.3	Vesting
Conditions	6
	8.4	Voting
and Dividend Rights	6

 

    	 

    	 

    

	8.5	Section 162(m) Performance Restrictions	6
	 	 	 
	ARTICLE 9. PROTECTION AGAINST DILUTION	9
	9.1	Adjustments	9
	9.2	Dissolution
or Liquidation	9
	9.3	Reorganizations	9
	 	 	 
	ARTICLE 10. AWARDS UNDER OTHER PLANS	10
		 	 
	ARTICLE 11. LIMITATION ON RIGHTS	10
	11.1	Retention
Rights	10
	11.2	Stockholders’
Rights	10
	11.3	Regulatory
Requirements	10
	 	 	 
	ARTICLE 12. WITHHOLDING TAXES	10
	12.1	General	10
	12.2	Share Withholding	10
	12.3	Section 280G	11
	 	 	 
	ARTICLE 13. FUTURE OF THE PLAN	11
	13.1	Term
of the Plan	11
	13.2	Amendment
or Termination	11
	 	 	
	ARTICLE 14. DEFINITIONS	11
	14.1	Affiliate	11
	14.2	Award	12
	14.3	Board	12
	14.4	Change in Control	12
	14.5	Code	12
	14.6	Committee 
	12
	14.7	Common Share	12
	14.8	Company	13
	14.9	Consultant	13
	14.10	Employee	13
	14.11
	Exchange Act	13
	14.12	Exercise Price	13
	14.13	Fair Market Value	13
	14.14	ISO	13
	14.15	NQO	13
	14.16	Option	13
	14.17	Optionee	13
	14.18	Outside Director	13
	14.19	Parent	13
	14.20	Participant	13
	14.21	Plan	13
	14.22	Predecessor
Plans	14
	14.23	Restricted
Share	14
	14.24	Reverse
Stock Split	14
	14.25	Stock
Award Agreement	14

 

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	14.26	Stock
Option Agreement	14
	14.27	Subsidiary	14
	 	 	 
	ARTICLE 15. EXECUTION	14
	 	 
	 	 
	 	 

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HESKA
CORPORATION

1997 STOCK INCENTIVE PLAN

(As
Amended March 6, 2007 and May 5, 2009

and Amended and Restated on February 22, 2012,

Further
Amended on March 25, 2014

and Further Amended and Restated on May 6, 2014)

ARTICLE 1.

Introduction

The Plan was adopted by the Board
effective March 15, 1997, and was subsequently amended on each of March 6, 2007 and May 5, 2009. In connection with
completion of the Company’s 1-for-10 Reverse Stock Split on December 30, 2010, pursuant to Article 9 the Compensation
Committee of the Board approved adjustments to the Plan to reduce by a factor of ten the number of Options and Restricted
Shares, and related underlying Common Shares, available for issuance under the Plan. On February 22, 2012, the Board
approved, subject to stockholder approval, further amendments to the Plan to increase the aggregate number of Common Shares
available for issuance under the Plan. On March 25, 2014, the Board approved, subject to stockholder approval, further
amendments to the Plan to increase the aggregate number of Common Shares available for issuance under the Plan, and adding
provisions permitting the Committee to make Awards under the Plan that will meet the performance-based compensation exception
to Code Section 162(m).

The purpose of the Plan is to promote
the long-term success of the Company and the creation of stockholder value by (a) encouraging Employees, Outside Directors and
Consultants to focus on critical long-range objectives, (b) encouraging the attraction and retention of Employees, Outside Directors
and Consultants with exceptional qualifications and (c) linking Employees, Outside Directors and Consultants directly to stockholder
interests through increased stock ownership. The Plan seeks to achieve this purpose by providing for Awards in the form of Restricted
Shares or Options (which may constitute incentive stock options or nonstatutory stock options).

The Plan shall be governed by, and
construed in accordance with, the laws of the State of Colorado (except its choice-of-law provisions).

ARTICLE 2.

ADMINISTRATION.

		2.1	Committee Composition. The Plan shall be administered by the Committee.
The Committee shall consist exclusively of two or more directors of the Company, who shall be appointed by the Board. In addition,
the composition of the Committee shall satisfy:

		(a)	Such requirements as the Securities and Exchange Commission may establish for administrators acting under plans intended to
qualify for exemption under Rule 16b-3 (or its successor) under the Exchange Act; and

		(b)	Such requirements as the Internal Revenue Service may establish for outside directors acting under plans intended to qualify
for exemption under section 162(m)(4)(C) of the Code.

The Board may also appoint one or more separate
committees of the Board, each composed of one or more directors of the Company who need not satisfy the foregoing requirements,

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who may administer the Plan with respect to Employees
and Consultants who are not considered officers or directors of the Company under section 16 of the Exchange Act, may grant Awards
under the Plan to such Employees and Consultants and may determine all terms of such Awards.

		2.2	Committee Responsibilities. The Committee shall (a) select the
Employees, Outside Directors and Consultants who are to receive Awards under the Plan, (b) determine the type, number, vesting
requirements and other features and conditions of such Awards, (c) interpret the Plan and (d) make all other decisions relating
to the operation of the Plan. The Committee may adopt such rules or guidelines as it deems appropriate to implement the Plan. The
Committee’s determinations under the Plan shall be final and binding on all persons.

ARTICLE 3.

SHARES AVAILABLE FOR GRANTS.

		3.1	Basic Limitation. Common Shares issued pursuant to the Plan may
be authorized but unissued shares or treasury shares. Prior to December 30, 2010, the effective date of the Reverse Stock Split,
the aggregate number of Options and Restricted Shares awarded under the Plan were not to exceed: (a) 1,350,000; plus (b) the aggregate
number of Common Shares remaining available for grants under the Predecessor Plans on March 15, 1997; plus (c) the additional Common
Shares described in Sections 3.2(a) and 3.3; less (d) 250,000. From and after the effective date of the Reverse Stock Split, the
aggregate number of Options and Restricted Shares available for award under the Plan were reduced (pursuant to Article 9) by a
factor of ten as follows: (a) 135,000; plus (b) 10% of the aggregate number of Common Shares that remained available for grants
under the Predecessor Plans on March 15, 1997; plus (c) the additional Common Shares described in Sections 3.2(b) and 3.3 plus
10% of the additional Common Shares described in Section 3.2(a); less (d) 25,000. Subject to stockholder approval, from and after
the effective date of this amended and restated Plan, the aggregate number of Options and Restricted Shares that may be awarded
under the Plan shall be increased by 250,000. No additional grants have been or are permitted to be made under the Predecessor
Plans after March 15, 1997. The limitation of this Section 3.1 shall be further subject to adjustment pursuant to Article 9.

		3.2	Annual Increase in Shares.

		(a)	As of January 1 of each year, commencing with the year 1998 and continuing through January 1, 2007, the aggregate number of
Options and Restricted Shares that may be awarded under the Plan shall be increased by a number of Common Shares equal to the lesser
of (i) 5% of the total number of Common Shares outstanding as of the next preceding December 31 or (ii) 1,500,000. After the annual
increase on January 1, 2007, there shall be no further annual increases under the Plan pursuant to this Section 3.2(a) unless and
until stockholder approval of such increase has been obtained.

		(b)	Subject to stockholder approval, as of the Company’s Annual meeting of stockholders of each given year, commencing with
the Company’s Annual meeting of stockholders in 2012 and continuing through the Company’s Annual meeting of stockholders
in 2016, the aggregate number of Options and Restricted Shares that may be awarded under the Plan shall be increased by a number
of Common Shares

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equal to the lesser of (A) 45,000 and (B) the product
of 5,000 multiplied by the number of non-employee directors serving on the Board as of the Company’s Annual meeting of stockholders
in the particular year of determination. After the annual increase as of the Company’s Annual meeting of stockholders in
2016, there shall be no further annual increases under the Plan pursuant to this Section 3.2(b) unless and until stockholder approval
of such increase has been obtained.

		3.3	Additional Shares. If Options granted under this Plan or under
the Predecessor Plans are forfeited or terminate for any other reason before being exercised, then the corresponding Common Shares
shall become available for the grant of Options and Restricted Shares under this Plan. If Restricted Shares are forfeited, then
the corresponding Common Shares shall again become available for the grant of NQOs and Restricted Shares under the Plan. The aggregate
number of Common Shares that may be issued under the Plan upon the exercise of ISOs shall not be increased when Restricted Shares
are forfeited.

		3.4	One Time Increase. As of May 6, 2014, the aggregate number of Options
and Restricted Shares that may be awarded under the Plan is increased by 130,000 Common Shares. Following their initial grant,
such Common Shares will not again be available for grant under this Plan to the extent they are forfeited under the terms of the
corresponding Options and/or Restricted Shares.

ARTICLE 4.

ELIGIBILITY.

		4.1	Nonstatutory Stock Options and Restricted Shares. Only Employees,
Outside Directors and Consultants shall be eligible for the grant of NQOs and Restricted Shares.

		4.2	Incentive Stock Options. Only Employees who are common-law employees
of the Company, a Parent or a Subsidiary shall be eligible for the grant of ISOs. In addition, an Employee who owns more than 10%
of the total combined voting power of all classes of outstanding stock of the Company or any of its Parents or Subsidiaries shall
not be eligible for the grant of an ISO unless the requirements set forth in section 422(c)(6) of the Code are satisfied.

ARTICLE 5.

OPTIONS.

		5.1	Stock Option Agreement. Each grant of an Option under the Plan
shall be evidenced by a Stock Option Agreement between the Optionee and the Company. Such Option shall be subject to all applicable
terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The Stock Option Agreement shall
specify whether the Option is an ISO or an NQO. The provisions of the various Stock Option Agreements entered into under the Plan
need not be identical. Options may be granted in consideration of a cash payment or in consideration of a reduction in the Optionee’s
other compensation. A Stock Option Agreement may provide that a new Option will be granted automatically to the Optionee when he
or she exercises a prior Option and pays the Exercise Price in the form described in Section 6.2.

		5.2	Number of Shares. Each Stock Option Agreement shall specify the
number of Common Shares subject to the Option and shall provide for the adjustment of such number in

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accordance with Article 9. Options granted to any
Optionee in a single fiscal year of the Company shall not cover more than 50,000 Common Shares, except that Options granted to
a new Employee in the fiscal year of the Company in which his or her service as an Employee first commences shall not cover more
than 100,000 Common Shares. The limitations set forth in the preceding sentence shall be subject to adjustment in accordance with
Article 9.

		5.3	Exercise Price. Each Stock Option Agreement shall specify the Exercise
Price; provided that the Exercise Price under an ISO shall in no event be less than 100% of the Fair Market Value of a Common Share
on the date of grant and the Exercise Price under an NQO shall in no event be less than 85% of the Fair Market Value of a Common
Share on the date of grant. In the case of an NQO, a Stock Option Agreement may specify an Exercise Price that varies in accordance
with a predetermined formula while the NQO is outstanding.

		5.4	Exercisability and Term. Each Stock Option Agreement shall specify
the date when all or any installment of the Option is to become exercisable. The Stock Option Agreement shall also specify the
term of the Option; provided that the term of an ISO shall in no event exceed 10 years from the date of grant. A Stock Option Agreement
may provide for accelerated exercisability in the event of the Optionee’s death, disability or retirement or other events
and may provide for expiration prior to the end of its term in the event of the termination of the Optionee’s service. NQOs
may also be awarded in combination with Restricted Shares, and such an Award may provide that the NQOs will not be exercisable
unless the related Restricted Shares are forfeited.

		5.5	Effect of Change in Control. The Committee may determine, at the
time of granting an Option or thereafter, that such Option shall become exercisable as to all or part of the Common Shares subject
to such Option in the event that a Change in Control occurs with respect to the Company, subject to the following limitations:

		(a)	In the case of an ISO, the acceleration of exercisability shall not occur without the Optionee’s written consent.

		(b)	If the Company and the other party to the transaction constituting a Change in Control agree that such transaction is to be
treated as a “pooling of interests” for financial reporting purposes, and if such transaction in fact is so treated,
then the acceleration of exercisability shall not occur to the extent that the surviving entity’s independent public accountants
determine in good faith that such acceleration would preclude the use of “pooling of interests” accounting.

		5.6	Modification or Assumption of Options. Within the limitations of
the Plan, the Committee may modify, extend or assume outstanding options or may accept the cancellation of outstanding options
(whether granted by the Company or by another issuer) in return for the grant of new options for the same or a different number
of shares and at the same or a different exercise price. The foregoing notwithstanding, no modification of an Option shall, without
the consent of the Optionee, alter or impair his or her rights or obligations under such Option.

		5.7	Buyout Provisions. The Committee may at any time (a) offer to buy
out for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee to elect to

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cash out an Option previously granted, in either
case at such time and based upon such terms and conditions as the Committee shall establish.

ARTICLE 6.

PAYMENT FOR OPTION SHARES.

		6.1	General Rule. The entire Exercise Price of Common Shares issued
upon exercise of Options shall be payable in cash or cash equivalents at the time when such Common Shares are purchased, except
as follows:

		(a)	In the case of an ISO granted under the Plan, payment shall be made only pursuant to the express provisions of the applicable
Stock Option Agreement. The Stock Option Agreement may specify that payment may be made in any form(s) described in this Article
6.

		(b)	In the case of an NQO, the Committee may at any time accept payment in any form(s) described in this Article 6.

		6.2	Surrender of Stock. To the extent that this Section 6.2 is applicable,
all or any part of the Exercise Price may be paid by surrendering, Common Shares that are already owned by the Optionee. Such Common
Shares shall be valued at their Fair Market Value on the date when the new Common Shares are purchased under the Plan. The Optionee
shall not surrender Common Shares in payment of the Exercise Price if such action would cause the Company to recognize compensation
expense (or additional compensation expense) with respect to the Option for financial reporting purposes.

		6.3	Exercise/Sale. To the extent that this Section 6.3 is applicable,
all or any part of the Exercise Price and any withholding taxes may be paid by delivering (on a form prescribed by the Company)
an irrevocable direction to a securities broker approved by the Company to sell all or part of the Common Shares being purchased
under the Plan and to deliver all or part of the sales proceeds to the Company.

		6.4	Exercise/Pledge. To the extent that this Section 6.4 is applicable,
all or any part of the Exercise Price and any withholding taxes may be paid by delivering (on a form prescribed by the Company)
an irrevocable direction to pledge all or part of the Common Shares being purchased under the Plan to a securities broker or lender
approved by the Company, as security for a loan, and to deliver all or part of the loan proceeds to the Company.

		6.5	Promissory Note. To the extent that this Section 6.5 is applicable,
all or any part of the Exercise Price and any withholding taxes may be paid by delivering (on a form prescribed by the Company)
a full-recourse promissory note; provided that the par value of the Common Shares being purchased under the Plan shall be paid
in cash or cash equivalents.

		6.6	Other Forms of Payment. To the extent that this Section 6.6 is
applicable, all or any part of the Exercise Price and any withholding taxes may be paid in any other form that is consistent with
applicable laws, regulations and rules.

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article 7.

[Reserved]

ARTICLE 8.

RESTRICTED SHARES.

		8.1	Time, Amount and Form of Awards. Awards under the Plan may be granted
in the form of Restricted Shares. Restricted Shares may also be awarded in combination with NQOs, and such an Award may provide
that the Restricted Shares will be forfeited in the event that the related NQOs are exercised. The maximum aggregate number of
Common Shares that may be granted in the form of Restricted Shares in any one calendar year to any one Participant is 45,000, except:
(a) with respect to the Restricted Shares granted in 2014 pursuant to Section 3.4, for which the annual limit is 130,000,
and (b) a new Employee may receive a grant of up to 75,000 Restricted Shares in the fiscal year of the Company in which his
or her service with the Company begins.

		8.2	Payment for Awards. To the extent that an Award is granted in the
form of newly issued Restricted Shares, the Award recipient, as a condition to the grant of such Award, shall be required to pay
the Company in cash, cash equivalents or any other form of legal consideration acceptable to the Company, including but not limited
to future services, an amount equal to the par value of such Restricted Shares. To the extent that an Award is granted in the form
of Restricted Shares from the Company’s treasury, no cash consideration shall be required of the Award recipients. Any amount
not paid in cash may be paid with a full recourse promissory note.

		8.3	Vesting Conditions.
Each Award of Restricted Shares may or may not be subject to vesting. Vesting shall occur, in full or in installments, upon satisfaction
of the conditions specified in the Stock Award Agreement. A Stock Award Agreement may provide for accelerated vesting in the event
of the Participant’s death, disability or retirement or other events. The Committee may determine, at the time of granting
Restricted Shares or thereafter, that all or part of such Restricted Shares shall become vested in the event that a Change in
Control occurs with respect to the Company, except as provided in the next following sentence. If the Company and the other party
to the transaction constituting a Change in Control agree that such transaction is to be treated as a “pooling of interests”
for financial reporting purposes, and if such transaction in fact is so treated, then the acceleration of vesting shall not occur
to the extent that the surviving entity’s independent public accountants determine in good faith that such acceleration
would preclude the use of “pooling of interests” accounting.

		8.4	Voting and Dividend Rights. The holders of Restricted Shares awarded
under the Plan shall have the same voting, dividend and other rights as the Company’s other stockholders. A Stock Award Agreement,
however, may require that the holders of Restricted Shares invest any cash dividends received in additional Restricted Shares.
Such additional Restricted Shares shall be subject to the same conditions and restrictions as the Award with respect to which the
dividends were paid.

		8.5	Section 162(m) Performance Restrictions.

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		(a)	In General. For purposes of qualifying grants of Restricted Shares as “performance-based compensation”
under Code Section 162(m), the Committee, in its discretion, may make Restricted Shares subject to vesting based on the achievement
of performance goals, in which case the Committee will specify in writing, by resolution or otherwise, the Participants eligible
to receive such an Award (which may be expressed in terms of a class of individuals) and the performance goals applicable to such
Awards within 90 days after the commencement of the period to which the performance goals relate, or such earlier time as required
to comply with Section 162(m) of the Code. No such Award shall be payable unless the Committee certifies in writing, by resolution
or otherwise, that the performance goals applicable to the Award were satisfied. In no case may the Committee increase the value
of an Award granted under this Section 8.5 above the maximum value determined under the performance formula by the attainment of
the applicable performance goals, but the Committee retains the discretion to reduce the value below such maximum.

		(b)	Performance Goals. Unless and until the Committee proposes for stockholder vote and the stockholders approve
a change in the general performance measures applicable to Awards, the performance goals upon which the payment or vesting of an
Award that is intended to qualify as performance based compensation are limited to the following Performance Measures:

		(1)	operating income;

		(2)	net earnings or net income (before or after taxes);

		(3)	basic or diluted earnings per share (before or after taxes);

		(4)	revenue, revenues, net revenue, net revenues, net revenue growth or net revenue growth;

		(5)	gross revenue or gross revenues;

		(6)	gross profit or gross profit growth;

		(7)	net operating profit (before or after taxes);

		(8)	return on assets, capital, invested capital, equity or sales;

		(9)	cash flow (including, but not limited to, operating cash flow, free cash flow, and cash flow return on capital);

		(10)	earnings before or after taxes, interest, depreciation and/or amortization;

		(11)	gross or operating margins;

		(12)	improvements in capital structure;

		(13)	budget and expense management;

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		(14)	productivity targets;

		(15)	economic value added or other value added measurements;

		(16)	share price (including, but not limited to, growth measures and total shareholder return);

		(17)	expense targets;

		(18)	margins;

		(19)	operating efficiency;

		(20)	working capital targets;

		(21)	enterprise value;

		(22)	safety record;

		(23)	completion of business acquisition, divestment or expansion;

		(24)	operating cash flow;

		(25)	book value;

		(26)	tangible book value;

		(27)	pretax income;

		(28)	net income plus deferred taxes;

		(29)	cash position;

		(30)	total shareholder return;

		(31)	contract or other development of relationship with identified suppliers, distributors or other business partners; or

		(32)	new product development (including but not limited to third-party collaborations or contracts, and with milestones that may
include but are not limited to contract execution, proof of concept, regulatory approval, product launch and targets such as unit
volume and revenue following product launch).

Any performance measures may be
used to measure the performance of the Company as a whole and/or any one or more regional operations and/or Affiliates of the Company
or any combination thereof, as the Committee may deem appropriate, and any performance measures may be used in comparison to the
performance of a group of peer companies, or a published or special index that the Committee, in its sole discretion, deems appropriate.
The Committee also has the authority to provide in an

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Award for accelerated vesting of an Award based on
the achievement of performance goals.

The Committee may provide in any
Award that any evaluation of attainment of a performance goal may include or exclude any of the following events that occurs during
the relevant period: (a) asset write downs; (b) litigation judgments or settlements; (c) the effect of changes in tax laws, accounting
principles, or other laws or regulations affecting reported results; (d) any reorganization or restructuring transactions; (e)
extraordinary nonrecurring items as described in Accounting Principles Board Opinion No. 30 and/or in management’s discussion
and analysis of financial condition and results of operations appearing in the Company’s Annual Report on Form 10-K for the
applicable year; and (f) significant acquisitions or divestitures.

In the event that applicable tax
and/or securities laws change to permit discretion by the Committee to alter the governing performance measures without obtaining
stockholder approval of such changes, the Committee shall have sole discretion to make such changes without obtaining stockholder
approval. In addition, in the event that the Committee determines that it is advisable to grant Awards that do not qualify as performance
based compensation, the Committee may make such grants without satisfying the requirements of Section 162(m) of the Code

ARTICLE 9.

PROTECTION AGAINST DILUTION.

		9.1	Adjustments. In the event of a subdivision of the outstanding Common
Shares, a declaration of a dividend payable in Common Shares, a declaration of a dividend payable in a form other than Common Shares
in an amount that has a material effect on the price of Common Shares, a combination or consolidation of the outstanding Common
Shares (by reclassification or otherwise) into a lesser number of Common Shares, a recapitalization, a spin-off or a similar occurrence,
the Committee shall make such adjustments as it, in its sole discretion, deems appropriate in one or more of (a) the number of
Options and Restricted Shares available for future Awards under Article 3, (b) the limitations set forth in Section 5.2, (c) the
number of Common Shares covered by each outstanding Option or (d) the Exercise Price under each outstanding Option. Except as provided
in this Article 9, a Participant shall have no rights by reason of any issue by the Company of stock of any class or securities
convertible into stock of any class, any subdivision or consolidation of shares of stock of any class, the payment of any stock
dividend or any other increase or decrease in the number of shares of stock of any class.

		9.2	Dissolution or Liquidation. To the extent not previously exercised,
Options shall terminate immediately prior to the dissolution or liquidation of the Company.

		9.3	Reorganizations. In the event that the Company is a party to a
merger or other reorganization, outstanding Options and Restricted Shares shall be subject to the agreement of merger or reorganization.
Such agreement may provide, without limitation, for the continuation of outstanding Awards by the Company (if the Company is a
surviving corporation), for their assumption by the surviving corporation or its parent or subsidiary, for the substitution by
the surviving corporation or its parent or subsidiary of its own awards for

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such Awards, for accelerated vesting and accelerated
expiration, or for settlement in cash or cash equivalents.

ARTICLE 10.

AWARDS UNDER OTHER PLANS.

The Company may grant awards under
other plans or programs. Such awards may be settled in the form of Common Shares issued under this Plan. Such Common Shares shall
be treated for all purposes under the Plan like Restricted Shares and shall, when issued, reduce the number of Common Shares available
under Article 3.

ARTICLE 11.

LIMITATION ON RIGHTS.

		11.1	Retention Rights. Neither the Plan nor any Award granted under
the Plan shall be deemed to give any individual a right to remain an Employee, Outside Director or Consultant. The Company and
its Parents, Subsidiaries and Affiliates reserve the right to terminate the service of any Employee, Outside Director or Consultant
at any time, with or without cause, subject to applicable laws, the Company’s certificate of incorporation and bylaws and
a written employment agreement (if any).

		11.2	Stockholders’ Rights. A Participant shall have no dividend
rights, voting rights or other rights as a stockholder with respect to any Common Shares covered by his or her Award prior to the
time when a stock certificate for such Common Shares is issued or, in the case of an Option, the time when he or she becomes entitled
to receive such Common Shares by filing a notice of exercise and paying the Exercise Price. No adjustment shall be made for cash
dividends or other rights for which the record date is prior to such time, except as expressly provided in the Plan.

		11.3	Regulatory Requirements. Any other provision of the Plan notwithstanding,
the obligation of the Company to issue Common Shares under the Plan shall be subject to all applicable laws, rules and regulations
and such approval by any regulatory body as may be required. The Company reserves the right to restrict, in whole or in part, the
delivery of Common Shares pursuant to any Award prior to the satisfaction of all legal requirements relating to the issuance of
such Common Shares, to their registration, qualification or listing or to an exemption from registration, qualification or listing.

ARTICLE 12.

WITHHOLDING TAXES.

		12.1	General. To the extent required by applicable federal, state, local
or foreign law, a Participant or his or her successor shall make arrangements satisfactory to the Company for the satisfaction
of any withholding tax obligations that arise in connection with the Plan. The Company shall not be required to issue any Common
Shares or make any cash payment under the Plan until such obligations are satisfied.

		12.2	Share Withholding. The Committee may permit a Participant to satisfy
all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Common Shares
that otherwise would be issued to him or her or by surrendering all or a portion of any Common Shares that he or she previously
acquired. Such

    	10

    	 

    

Common Shares shall be valued at their Fair Market
Value on the date when taxes otherwise would be withheld in cash.

		12.3	Section 280G. To the extent that any of the payments and benefits
provided for under the Plan or any other agreement or arrangement between the Company or its Affiliates and a Participant (collectively,
the “Payments”) (i) constitute a “parachute payment” within the meaning of Code Section 280G and (ii) but
for this paragraph would be subject to the excise tax imposed by Section 4999 of the Code, then the Payments shall be payable either
(i) in full or (ii) as to such lesser amount which would result in no portion of such Payments being subject to excise tax under
Section 4999 of the Code (determined in accordance with the reduction of payments and benefits paragraph set forth below); whichever
of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by
Section 4999, results in the participant’s receipt on an after-tax basis, of the greatest amount of benefits under this Plan,
notwithstanding that all or some portion of such benefits may be taxable under Section 4999 of the Code. Any determination required
under this provision will be made by accountants chosen by the Company, whose determination shall be conclusive and binding upon
the participant and the Company for all purposes.

Except to the extent, if any,
otherwise agreed in writing between a participant and the Company, reduction of payments and benefits hereunder, if applicable,
will be made by reducing, first, payments or benefits to be paid in cash in the order in which such payment or benefit would be
paid or provided (beginning with such payment or benefit that would be made last in time and continuing, to the extent necessary,
through to such payment or benefit that would be made first in time) and, then, reducing any benefit to be provided in-kind hereunder
in a similar order; provided, however, that any reduction or elimination of accelerated vesting of any equity award will first
be accomplished by reducing or eliminating the vesting of such awards that are valued in full for purposes of Section 280G of the
Code, then the reduction or elimination of vesting of other equity awards.

ARTICLE 13.

FUTURE OF THE PLAN.

		13.1	Term of the Plan. The Plan, as set forth herein, shall become effective
on March 14, 1997. The Plan shall remain in effect until it is terminated under Section 13.2, except that no ISOs shall be granted
after May 8, 2022.

		13.2	Amendment or Termination. The Board may, at any time and for any
reason, amend or terminate the Plan. An amendment of the Plan shall be subject to the approval of the Company’s stockholders
only to the extent required by applicable laws, regulations or rules. No Awards shall be granted under the Plan after the termination
thereof. The termination of the Plan, or any amendment thereof, shall not affect any Award previously granted under the Plan.

ARTICLE 14.

DEFINITIONS. 

		14.1	Affiliate means any entity other than a Subsidiary, if the Company and/or one or more Subsidiaries own not less
than 50% of such entity.

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		14.2	Award means any award of an Option or a Restricted Share under the Plan.

		14.3	Board means the Company’s Board of Directors, as constituted from time to time.

		14.4	Change in Control shall mean:

		(a)	The consummation of a merger or consolidation of the Company with or into another entity or any other corporate reorganization,
if more than 50% of the combined voting power of the continuing or surviving entity’s securities outstanding immediately
after such merger, consolidation or other reorganization is owned by persons who were not stockholders of the Company immediately
prior to such merger, consolidation or other reorganization;

		(b)	The sale, transfer or other disposition of all or substantially all of the Company’s assets;

		(c)	A change in the composition of the Board, a result of which fewer than 50% of the incumbent directors are directors who either
(i) had been directors of the Company on the date 24 months prior to the date of the event that may constitute a Change in Control
(the “original directors”) or (ii) were elected, or nominated for election, to the Board with the affirmative votes
of at least a majority of the aggregate of the original directors who were still in office at the time of the election or nomination
and the directors whose election or nomination was previously so approved; or

		(d)	Any transaction as a result of which any person is the “beneficial owner” (as defined in Rule 13d-3 under the Exchange
Act), directly or indirectly, of securities of the Company representing at least 30% of the total voting power represented by the
Company’s then outstanding voting securities. For purposes of this Paragraph (d), the term “person” shall have
the same meaning as when used in sections 13(d) and 14(d) of the Exchange Act but shall exclude (i) any person, or person affiliated
with said person, who, on March 15, 1997,is the beneficial owner of securities of the Company representing at least 20% of the
total voting power represented by the Company’s then outstanding voting securities (11,607,764), (ii) a trustee or other
fiduciary holding securities under an employee benefit plan of the Company or of a Parent or Subsidiary and (iii) a corporation
owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their ownership of the
common stock of the Company.

A transaction shall not constitute a Change in
Control if its sole purpose is to change the state of the Company’s incorporation or to create a holding company that will
be owned in substantially the same proportions by the persons who held the Company’s securities immediately before such transaction.

		14.5	Code means the Internal Revenue Code of 1986, as amended.

		14.6	Committee means a committee of the Board, as described in Article 2.

		14.7	Common Share means, as may be applicable, one share of Common Stock, par value $0.01 per share, of the Company
to the extent any remains outstanding at the time of determination,

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or one share of Public Common Stock, par value
$0.01 per share, of the Company, to the extent any remains outstanding at the time of determination.

		14.8	Company means either (a) Heska Corporation, a California corporation (prior to the formation of Heska Corporation,
a Delaware corporation), or (b) Heska Corporation, a Delaware corporation (following its formation).

		14.9	Consultant means a consultant or adviser who provides bona fide services to the Company, a Parent, a Subsidiary
or an Affiliate as an independent contractor. Service as a Consultant shall be considered employment for all purposes of the Plan,
except as provided in Section 4.2.

		14.10	Employee means a common-law employee of the Company, a Parent, a Subsidiary or an Affiliate.

		14.11	Exchange Act means the Securities Exchange Act of 1934, as amended.

		14.12	Exercise Price means the amount for which one Common Share may be purchased upon exercise of such Option, as
specified in the applicable Stock Option Agreement.

		14.13	Fair Market Value means the market price of Common Shares, determined by the Committee in good faith on such
basis as it deems appropriate. Whenever possible, the determination of Fair Market Value by the Committee shall be based on the
prices reported in The Wall Street Journal. Such determination shall be conclusive and binding on all persons.

		14.14	ISO means an incentive stock option described in section 422(b) of the Code.

		14.15	NQO means a stock option not described in sections 422 or 423 of the Code.

		14.16	Option means an ISO or NQO granted under the Plan and entitling the holder to purchase Common Shares.

		14.17	Optionee means an individual or estate who holds an Option.

		14.18	Outside Director shall mean a member of the Board who is not an Employee. Service as an Outside Director shall
be considered employment for all purposes of the Plan, except as provided in Section 4.2.

		14.19	Parent means any corporation (other than the Company) in an unbroken chain of corporations ending with the Company,
if each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all
classes of stock in one of the other corporations in such chain. A corporation that attains the status of a Parent on a date after
the adoption of the Plan shall be considered a Parent commencing as of such date.

		14.20	Participant means an individual or estate who holds an Award.

		14.21	Plan means this Heska Corporation 1997 Stock Incentive Plan, as amended from time to time.

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		14.22	Predecessor Plans means (a) the 1988 Heska Corporation Stock Plan and (b) the Heska Corporation 1994 Key Executive
Stock Plan.

		14.23	Restricted Share means a Common Share awarded under the Plan.

		14.24	Reverse Stock Split means the Company’s 1-for-10 reverse stock split of its then outstanding Common Shares,
which was approved by the Company’s stockholders and consummated and made effective December 30, 2010.

		14.25	Stock Award Agreement means the agreement between the Company and the recipient of a Restricted Share that contains
the terms, conditions and restrictions pertaining to such Restricted Share.

		14.26	Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions
and restrictions pertaining to his or her Option.

		14.27	Subsidiary means any corporation (other than the Company) in an unbroken chain of corporations beginning with
the Company, if each of the corporations other than the last corporation in the unbroken chain owns stock possessing 50% or more
of the total combined voting power of all classes of stock in one of the other corporations in such chain. A corporation that attains
the status of a Subsidiary on a date after the adoption of the Plan shall be considered a Subsidiary commencing as of such date.

ARTICLE 15.

EXECUTION.

To record the adoption of the Plan
by the Board, the Company has caused its duly authorized officer to execute this document in the name of the Company.

 

 

	 	HESKA CORPORATION
	 	 
	 	 
	 	 
	 	By: 	/s/ Jason A. Napolitano
	 	 	Executive
    Vice President and
Chief Financial Officer

 

 

    	14Exhibit 10.2 

Heska
Corporation 1997 Stock Incentive Plan

Stock Option Agreement

(employees
and consultants)

 

	Tax Treatment	This option is intended to be an incentive stock option under section 422 of the Internal Revenue Code or a nonstatutory option, as provided in the Notice of Stock Option Grant.
	
        Vesting/

        Exercisability
	
        This option vests and becomes exercisable
        in installments, as shown in the Notice of Stock Option Grant. In addition, this option shall vest and become exercisable in full
        if one of the following events occurs:

        ·       
        Your service as an Employee, Consultant or Outside Director of the Company or a Subsidiary terminates because of death,
        or

        ·       
The Company is a party to a merger or other reorganization while you are an Employee or Consultant of the Company or a
Subsidiary, this option is not continued by the Company and is not assumed by the surviving corporation or its parent, and the
surviving corporation or its parent does not substitute its own option for this option, or

        ·        
The Company is subject to a “Change in Control” while you are an Employee or Consultant of the Company or a
Subsidiary and, within 12 months after the Change in Control, the surviving entity terminates your service without your consent
and without Cause, as defined below. If the surviving entity demotes you to a lower position, materially reduces your authority
or responsibilities, materially reduces your total compensation or announces its intention to relocate your principal place of
work by more than 20 miles, then that action will be treated as a termination of your service.

        ·       “Cause” shall mean (i) your failure to perform your assigned duties or responsibilities as an Employee or Consultant
of the Company or a Subsidiary (other than a failure resulting from total and permanent disability, as discussed below) after
notice thereof from the Company describing your failure to perform such duties or responsibilities; (ii) your material breach
of any confidentiality agreement or invention assignment agreement between you and the Company or a Subsidiary; (iii) your engaging
in any act of dishonesty, fraud, misrepresentation, moral turpitude or misappropriation of material property that was or is materially
injurious to the Company or its affiliates; (iv) your violation of any federal or state law or regulation applicable to the Company’s
business; or (v) your being convicted of, or entering a plea of nolo contendere to, any crime.

        No additional shares become vested after
        your service as an Employee, Consultant or Outside Director of the Company or a Subsidiary has terminated for any reason other
        than those outlined herein.

    	 

    	 

    

 

	Term	This option expires in any event at the close of business at Company headquarters on the day before the 10th anniversary of the Date of Grant, as shown in the Notice of Stock Option Grant.  (It will expire earlier if your service terminates, as described below.)
	Regular 

Termination	If your service as an Employee, Consultant or Outside Director of the Company or a Subsidiary terminates for any reason except death or total and permanent disability, then this option will expire at the close of business at Company headquarters on the date three months after your termination date.  The Company determines when your service terminates for this purpose.
	Death	If your service as an Employee, Consultant or Outside Director of the Company or a Subsidiary terminates because of your death, then this option will expire at the close of business at Company headquarters on the date 12 months after the date of death.
	Disability	
        If your service as an Employee, Consultant
        or Outside Director of the Company or a Subsidiary terminates because of your total and permanent disability, then this option
        will expire at the close of business at Company headquarters on the date 12 months after your termination date.

        For all purposes under this Agreement,
        “total and permanent disability” means that you are unable to engage in any substantial gainful activity by reason
        of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted, or can
        be expected to last, for a continuous period of not less than one year.

	Leaves of Absence	
        Vesting of this option shall be suspended
        during any unpaid leave of absence unless continued vesting is required by the terms of the leave or by applicable law.

        For purposes of this option, your service
        does not terminate when you go on a military leave, a sick leave or another bona fide leave of absence, if the Company approved
        your leave in writing and if continued crediting of service is required by the terms of the leave or by applicable law.

        For purposes of incentive stock options,
        no such leave may exceed 90 days, unless reemployment upon expiration of such leave is guaranteed by the terms of the leave or
        by applicable law. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then three
        months following the 91st day of such leave, an incentive stock option shall cease to be treated as an incentive stock
        option and shall be treated for tax purposes as a nonstatutory option.

        Unless you immediately return to active
        work when the approved leave ends, your service will terminate.

	Restrictions on

                                                                                Exercise
	The Company will not permit you to exercise this option if the issuance of shares at that time would violate any law or regulation.

    	 

    	 

    

 

 

	Notice of Exercise	
        When you wish to exercise this option,
        you must notify the Company by filing the proper “Notice of Exercise” form at the address given on the form. Your notice
        must specify how many shares you wish to purchase. The exercise will be effective when the Company receives the Notice of Exercise
        with the option exercise payment described herein.

        If someone else wants to exercise this
        option after your death, that person must prove to the Company's satisfaction that he or she is entitled to do so.

	Form of Payment	
        When you submit your notice of exercise,
        you must include payment of the option exercise price for the shares you are purchasing. Payment may be made in one (or a combination
        of two or more) of the following forms:

        

        ·              Your personal check, a cashier's check or a money order.

        ·      
        Certificates for shares of Company stock that you own, along with any forms needed to affect a transfer of those shares
        to the Company. The value of the shares, determined as of the effective date of the option exercise, will be applied to the option
        exercise price. However, you may not surrender shares of Company stock in payment of the exercise price if your action would cause
        the Company to recognize compensation expense (or additional compensation expense) with respect to this option for financial reporting
        purposes.

        ·      
        Irrevocable directions to a securities broker approved by the Company to sell all or part of your option shares and to deliver
        to the Company proceeds from the sale in an amount sufficient to pay the option exercise price and any withholding taxes. (The
        balance of the sale proceeds, if any, will be delivered to you.) The directions must be given by signing a special “Notice
        of Exercise” form provided by the Company.

	Withholding Taxes

and Stock 

Withholding	You will not be allowed to exercise this option unless you make arrangements acceptable to the Company to pay any withholding taxes that may be due as a result of the option exercise.  These arrangements may include (with the Company’s approval) withholding shares of Company stock that otherwise would be issued to you when you exercise this option.  The value of these shares, determined as of the effective date of the option exercise, will be applied to the withholding taxes.
	Restrictions on 

Resale	By signing this Agreement, you agree not to sell any option shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale.  This restriction will apply as long as you are an Employee, Consultant or Outside Director of the Company or a Subsidiary.

    	 

    	 

    

 

 

	Transfer of Option	
        Prior to your death, only you may exercise
        this option. You cannot transfer or assign this option. For instance, you may not sell this option or use it as security for a
        loan. You may, however, dispose of this option in your will, by the laws of descent and distribution or through a beneficiary designation.

        Regardless of any marital property settlement
        agreement, the Company is not obligated to honor a notice of exercise from your former spouse, nor is the Company obligated to
        recognize your former spouse's interest in your option in any other way.

	Retention Rights	Neither your option nor this Agreement gives you the right to be employed or otherwise retained by the Company or a Subsidiary in any capacity.  The Company or a Subsidiary reserves the right to terminate your service at any time, with or without cause.
	Stockholder Rights	You, or your estate or heirs, have no rights as a stockholder of the Company until you have exercised this option by giving the required notice to the Company and paying the exercise price.  
	Applicable Law	This Agreement will be interpreted and enforced under the laws of the State of Colorado (without giving effect to its conflict of laws provisions).
	The Plan and 

Other Agreements	
        The 1997 Stock Incentive Plan is incorporated
        in this Agreement by reference. Unless otherwise defined herein, all capitalized terms herein have the same defined meanings as
        in the 1997 Stock Incentive Plan.

        This Agreement and the Plan constitute
        the entire understanding between you and the Company regarding this option. Any prior agreements, commitments or negotiations concerning
        this option are superseded. This Agreement may be amended only by another written agreement, signed by both parties.

By signing
the notice of stock option grant of this Agreement, you agree to all of the terms and conditions described above and in the
1997 Stock Incentive Plan.

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