Document:

EXHIBIT 10.3

  

Stock
Purchase Agreement

 

Stock
Purchase Agreement (the “Agreement”) is entered into this 23rd day of January 2014, by and between Pharmacy
Development Corporation (“PDC”), a California corporation, having its official address at 18013 Sky Park Cir Suite
D, Irvine, CA 92614 and Trestles Pain Specialists, LLC (“TPS”), a California Corporation having its official address
at 33171 Paseo Cerveza, Suite 207, San Juan Capistrano, CA 92675.

 

Whereas,
PDC is the owner of certain shares of The PAWS Pet Company, Inc. (“PAWS”) Series D Convertible Preferred Stock (the
“Series D Shares”) bearing a restrictive legend, free of all liens and encumbrances other than those contained within
that certain First Amended Securities Exchange Agreement 1 (the “SEA”) executed on December 31, 2013 by and between
PDC and PAWS and;

 

Whereas,
PDC is not an affiliate (as that term is defined under Rule 144 as Promulgated by the Securities and Exchange Commission (the
“SEC”) under its authority pursuant to the Securities Act of 1933 (the “Act”) of PAWS, and has not been
an affiliate during the past ninety (90) days; and

 

Whereas,
TPS is desirous of purchasing Series D Shares from PDC; and

 

Whereas,
PDC is desirous of maintaining an ongoing consultancy based relationship with TPS.

 

Now
Therefore, PDC and TPS agree as follows:

 

Section
1. Purchase. TPS will agree to purchase one hundred and sixty-six thousand, six hundred and sixty-four (166,664) Series D
Shares in four certificates of forty one thousand, six hundred and sixty six (41,666) shares each, said shares being currently
convertible into a total of one hundred and sixty-six million, six hundred and sixty-four thousand (166,664,000) shares of the
Common stock of The PAWS Pet Company, Inc., for in consideration of consulting services and business development assistance, the
receipt and sufficiency of which is hereby acknowledged, subject to the fulfillment of the following conditions:

 

	 	a.	Deliveries by
    PDC. On or prior to the Closing Date, the Company shall deliver or cause to be delivered to the Investor the following:

 

	 	1.	Delivery
    by PDC of one ( 1) certificate of Series D Shares in the amount of forty one thousand, six hundred and sixty-six (41,666)
    shares as soon as practicable and subject and pursuant to the relevant laws, rules and regulations of the SEC and the transfer
    restrictions contained within the certain First Amended Securities Exchange Agreement (“SEA”, a copy of which
    is publicly available on the SEC’s EDGAR Filing System) executed on December 31, 2013 by and between PDC and The PAWS
    Pet Company, Inc. (“PAWS”).
	 	 	 
	 	2.	Transfer
    by the PDC of one ( 1) certificate of Series D Shares in the amount of one hundred and twenty-four thousand, nine hundred
    and ninety-eight (124,998) shares in the name of TPS but held in escrow by PDC on behalf of TPS and only released to TPS,
    on a monthly basis, commencing on June 30, 2014 in an amount equal to twelve hundred and fifty (1,250) shares for each One
    Million Dollars (US$1,000,000) in billable and qualified prescriptions generated by the consultant pursuant to that certain
    Consulting Services Agreement (the “Consulting Services Agreement”) entered into on January 21, 2014, by and between
    the TPS and Mesa Pharmacy Inc. 

 

 

1 A
copy of the SEA is publicly available on the SEC’s EDGAR Filing System.

  

    	Page 1 of 3

    	 

    

  

		b.	Deliveries
                                         by TPS. On or prior to the Closing Date, the Company shall deliver or cause to be delivered
                                         to the Investor the following:

 

		1.	this
                                         Agreement duly executed by the TPS; and
	 	 	 
		2.	a
                                         fully executed copy of the Consulting Services Agreement to PDC.

 

Section
2. Closing Date. The consummation of the transfer of the Shares hereunder shall be held at the offices of SELLER at 5:00 p.m.,
on January 23, 2014 or at such other time and place as the PDC and TPS shall mutually agree upon in writing.

 

Section
3. Failure to Deliver Shares. In the event that PDC is unable to deliver the Series D Shares as a result of a failure to transfer
the shares pursuant to the transfer restrictions contained within the SEA, this entire agreement will be cancelled.

 

Section
4.Governing Law. This Agreement shall be governed in all respects by the laws of the State of California.

 

Section
5.Survival. The representations, warranties, covenants and agreements made herein shall survive the closing of the transactions
contemplated hereby.

 

Section
6.Successors and Assigns. Except as otherwise expressly provided herein, the provisions hereof shall inure to the benefit
of, and be binding upon, the successors, assigns, heirs, executors and administrators of the parties hereto.

 

Section
7.Entire Agreement; Amendment. This Agreement and the other documents delivered pursuant hereto constitute the full and
entire understanding and agreement among the parties with regard to the subjects hereof and thereof. Any term of this Agreement
may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and
either retroactively or prospectively), only with the written consent of the parties.

 

Section
8.Notices and Other Communications. Every notice or other communication required or contemplated by this Agreement by
either party shall be delivered either by (i) personal delivery, (ii) postage prepaid return receipt requested registered or certified
mail or the equivalent of registered or certified mail under the laws of the country where mailed, (iii) nationally recognized
overnight courier, such as Federal Express or UPS, or (iv) facsimile with a confirmation copy sent simultaneously by postage prepaid,
return receipt requested, registered or certified mail, in each case addressed to parties as the case may be at the addresses
listed above or at such other address as the intended recipient previously shall have designated by written notice to the other
party (with copies to counsel as may be indicated on the signature page). Notice by registered or certified mail shall be effective
on the date it is officially recorded as delivered to the intended recipient by return receipt or equivalent, and in the absence
of such record of delivery, the effective date shall be presumed to have been the fifth (5th) business day after it was deposited
in the mail. All notices delivered in person or sent by courier shall be deemed to have been delivered to and received by the
addressee and shall be effective on the date of personal delivery; notices delivered by facsimile with simultaneous confirmation
copy by registered or certified mail shall be deemed delivered to and received by the addressee and effective on the date sent.
Notice not given in writing shall be effective only if acknowledged in writing by a duly authorized representative of the party
to whom it was given.

 

    	Page 2 of 3

    	 

    

 

Section
9.Delays or Omissions. No delay or omission to exercise any right, power or remedy accruing to any holder of any Shares,
upon any breach or default of SELLER under this Agreement, shall impair any such right, power or remedy of such holder nor shall
it be construed to be a waiver of any such breach or default, or an acquiescence therein, or of or in any similar breach or default
thereafter occurring; nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default theretofore
or thereafter occurring. Any waiver, permit, consent or approval of any kind or character on the part of any holder of any breach
or default under this Agreement, or any waiver on the part of any holder of any provisions or conditions of this Agreement, must
be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies either under this
Agreement, or by law or otherwise afforded to any holder, shall be cumulative and not alternative.

 

Section
10.Severability of this Agreement. In case any provision of this Agreement shall be invalid, illegal or unenforceable,
the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 

Section
11.Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be an original, but
all of which together shall constitute one instrument. Execution and delivery of this Agreement by exchange of facsimile copies
bearing the facsimile signature of a party hereto shall constitute a valid and binding execution and delivery of this Agreement
by such party. Such facsimile copies shall constitute enforceable original documents.

 

Section
12.Attorney’s Fees. Ifany action or proceeding shall be commenced to enforce this Agreement or any right arising
in connection with this Agreement, the prevailing party in such action or proceeding shall be entitled to recover from the other
party, the reasonable attorneys’ fees, costs and expenses incurred by such prevailing party in connection with such action
or proceeding or negotiation to avoid such action or proceeding.

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the day and year set forth in the heading hereof.

  

PHARMACY
DEVELOPMENT CORPORATION

 

	By:	/s/
    Edward Kurtz	 
	Name:	Edward Kurtz	 
	Its:	Chief Operating
    Officer	 

  

TRESTLES
PAIN SPECIALISTS, LLC

 

	By:	/s/
    John Garbino	 
	Name:	John Garbino	 
	Its:	Managing Member	 

 

    	Page 3 of 3Exhibit 10.1

 

2014 INCENTIVE STOCK PLAN

 

SECTION 1

 

General Purpose of the Plan; Definitions

 

The name of the plan
is the Reliv International, Inc. 2014 Incentive Stock Plan (the “Plan”). The purpose of the Plan is to encourage and
enable officers and employees of, and other persons providing services to, Reliv International, Inc. (the “Company”)
and its Affiliates to acquire a proprietary interest in the Company. It is anticipated that providing such persons with a direct
stake in the Company’s welfare will assure a closer identification of their interests with those of the Company and its stockholders,
thereby stimulating their efforts on the Company’s behalf and strengthening their desire to remain with the Company.

 

The following terms
shall be defined as set forth below:

 

“Affiliate”
means a parent corporation, if any, and each subsidiary corporation of the Company, as those terms are defined in Section 424
of the Code.

 

“Award”
or “Awards”, except where referring to a particular category of grant under the Plan, shall include Incentive
Stock Options, Non-Statutory Stock Options, Restricted Stock Awards, and Unrestricted Stock Awards. Awards shall be evidenced by
a written agreement (which may be in electronic form and may be electronically acknowledged and accepted by the recipient) containing
such terms and conditions not inconsistent with the provisions of this Plan as the Committee shall determine.

 

“Board”
means the Board of Directors of the Company.

 

“Cause”
shall mean, with respect to any Award holder, a determination by the Company (including the Board) or any Affiliate that the Holder’s
employment or other relationship with the Company or any such Affiliate should be terminated as a result of (i) a material
breach by the Award holder of any agreement to which the Award holder and the Company (or any such Affiliate) are parties, (ii) any
act (other than retirement) or omission to act by the Award holder that may have a material and adverse effect on the business
of the Company, such Affiliate or any other Affiliate or on the Award holder’s ability to perform services for the Company
or any such Affiliate, including, without limitation, the proven or admitted commission of any crime (other than an ordinary traffic
violation), or (iii) any material misconduct or material neglect of duties by the Award holder in connection with the business
or affairs of the Company or any such Affiliate.

 

“Change of
Control” shall have the meaning set forth in Section 13.

 

    	 

    	 

    

  

“Code”
means the Internal Revenue Code of 1986, as amended, and any successor Code, and related rules, regulations and interpretations.

 

“Committee”
shall have the meaning set forth in Section 2.

 

“Disability”
means disability as set forth in Section 22(e)(3) of the Code.

 

“Effective
Date” means the date on which the Plan is approved by the Board of Directors as set forth in Section 15.

 

“Eligible
Person” shall have the meaning set forth in Section 4.

 

“Exchange
Act” shall mean the Securities Exchange Act of 1934, as amended.

 

“Fair Market
Value” on any given date means the closing price per share of the Stock on such date as reported by such registered national
securities exchange on which the Stock is listed, or, if the Stock is not listed on such an exchange, as quoted on NASDAQ; provided,
that, if there is no trading on such date, Fair Market Value shall be deemed to be the closing price per share on the last preceding
date on which the Stock was traded. If the Stock is not listed on any registered national securities exchange or quoted on NASDAQ,
the Fair Market Value of the Stock shall be determined in good faith by the Committee.

 

“Incentive
Stock Option” means any Stock Option designated and qualified as an “incentive stock option” as defined in
Section 422 of the Code.

 

“Independent
Director” means any director who meets the independence requirement of NASDAQ Marketplace Rule 5605(a)(2).

 

“Non-Employee
Director” means any director who: (i) is not currently an officer of the Company or an Affiliate, or otherwise currently
employed by the Company or an Affiliate, (ii) does not receive compensation, either directly or indirectly, from the Company
or an Affiliate, for services rendered as a consultant or in any capacity other than as a director, except for an amount that does
not exceed the dollar amount for which disclosure would be required pursuant to Rule 404(a) of Regulation S-K promulgated
by the SEC, (iii) does not possess an interest in any other transaction for which disclosure would be required pursuant to
Rule 404(a) of Regulation S-K, and (iv) is not engaged in a business relationship for which disclosure would be
required pursuant to Rule 404(b) of Regulation S-K.

 

“Non-Statutory
Stock Option” means any Stock Option that is not an Incentive Stock Option.

 

“Normal Retirement”
means retirement in good standing from active employment with the Company and its Affiliates in accordance with the retirement
policies of the Company and its Affiliates then in effect.

 

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“Option”
or “Stock Option” means any option to purchase shares of Stock granted pursuant to Section 5.

 

“Outside Director”
means any director who (i) is not an employee of the Company or of any “affiliated group,” as such term is defined
in Section 1504(a) of the Code, which includes the Company (an “Affiliated Group Member”), (ii) is not a
former employee of the Company or any Affiliated Group Member who is receiving compensation for prior services (other than benefits
under a tax-qualified retirement plan) during the Company’s or any Affiliated Group Member’s taxable year, (iii) has
not been an officer of the Company or any Affiliated Group Member and (iv) does not receive remuneration from the Company
or any Affiliated Group Member, either directly or indirectly, in any capacity other than as a director. “Outside Director”
shall be determined in accordance with Section 162(m) of the Code and the Treasury regulations issued thereunder.

 

“Restricted
Stock Award” means an Award granted pursuant to Section 6.

 

“SEC”
means the Securities and Exchange Commission or any successor authority.

 

“Stock”
means the common stock, no par value per share, of the Company.

 

“Unrestricted
Stock Award” means Awards granted pursuant to Section 7.

 

SECTION 2

 

Administration of Plan; Committee Authority
to

Select Participants and Determine Awards

 

(a)  Committee.
  The Plan shall be administered by the Compensation Committee of the Board (the “Committee”) consisting
of not less than three (3) persons each of whom qualifies as an Independent Director but the authority and validity of any
act taken or not taken by the Committee shall not be affected if any person administering or taking action with respect to the
Plan is not an Independent Director, an Outside Director or a Non-Employee Director. Except as the Board of Directors shall by
resolution provide otherwise, the Committee shall have full and final authority to operate, manage and administer the Plan on behalf
of the Company.

 

(b)  Powers
of Committee.   The Committee shall have the power and authority to grant and modify Awards consistent with the terms
of the Plan, including the power and authority:

 

(i) to
select the persons to whom Awards may from time to time be granted;

 

(ii) to
determine the time or times of grant, and the extent, if any, of Incentive Stock Options, Non-Statutory Stock Options, Restricted
Stock, and Unrestricted Stock, or any combination of the foregoing, granted to any one or more participants;

 

(iii) to
determine the number of shares to be covered by any Award;

 

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(iv) to
determine and modify the terms and conditions, including restrictions not inconsistent with the terms of the Plan, of any Award,
which terms and conditions may differ among individual Awards and participants, and to approve the form of written instruments
evidencing the Awards; provided, however, that no such action shall adversely affect rights under any outstanding Award without
the participant’s consent;

 

(v) to
accelerate the exercisability or vesting of all or any portion of any Award;

 

(vi) to
extend the period in which any outstanding Stock Option (other than a Non-Statutory Stock Option) may be exercised; and

 

(vii) to
adopt, alter and repeal such rules, guidelines and practices for administration of the Plan and for its own acts and proceedings
as it shall deem advisable; to interpret the terms and provisions of the Plan and any Award (including related written instruments);
to make all determinations it deems advisable for the administration of the Plan; to decide all disputes arising in connection
with the Plan; and to otherwise supervise the administration of the Plan.

 

(c) Minutes.  
The Compensation Committee shall keep minutes of all meetings at which Awards are made specifying the type of Award, number of
shares, date and terms.  Copies of such minutes shall be maintained with the minutes of the Board of Directors.

 

All decisions and interpretations
of the Committee shall be binding on all persons, including the Company and Plan participants. No member or former member of the
Committee or the Board shall be liable for any action or determination made in good faith with respect to this Plan.

 

SECTION 3

 

Shares Issuable under the Plan; Mergers;
Substitution

 

(a)  Shares Issuable.
  The maximum number of shares of Stock which may be issued in respect of Awards granted under the Plan, subject to adjustment
upon changes in capitalization of the Company as provided in this Section 3, shall be 1,000,000 shares. For purposes
of this limitation, the shares of Stock underlying any Awards which are forfeited, cancelled, reacquired by the Company or otherwise
terminated (other than by exercise) shares that are tendered in payment of the exercise price of any Award and shares that are
tendered or withheld for tax withholding obligations shall be added back to the shares of Stock with respect to which Awards may
be granted under the Plan. Shares issued under the Plan may be authorized but unissued shares or shares reacquired by the Company.

 

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 (b)  Stock
Dividends, Mergers, etc.   In the event that, after approval of the Plan by the stockholders of the Company in accordance
with Section 15, the Company effects a stock dividend, stock split or similar change in capitalization affecting the Stock,
the Committee shall make appropriate adjustments in (i) the number and kind of shares of stock or securities with respect
to which Awards may thereafter be granted (including without limitation the limitations set forth in Sections 3(a) and (b) above),
(ii) the number and kind of shares remaining subject to outstanding Awards, and (iii) the option or purchase price in
respect of such shares. In the event of any merger, consolidation, dissolution or liquidation of the Company, the Committee in
its sole discretion may, as to any outstanding Awards, make such substitution or adjustment in the aggregate number of shares reserved
for issuance under the Plan and in the number and purchase price (if any) of shares subject to such Awards as it may determine
and as may be permitted by the terms of such transaction, or accelerate, amend or terminate such Awards upon such terms and conditions
as it shall provide (which, in the case of the termination of the vested portion of any Award, shall require payment or other consideration
which the Committee deems equitable in the circumstances), subject, however, to the provisions of Section 13.

 

(c)  Substitute
Awards.   The Committee may grant Awards under the Plan in substitution for stock and stock-based awards held by
employees of another corporation who concurrently become employees of the Company or an Affiliate as the result of a merger or
consolidation of the employing corporation with the Company or an Affiliate or the acquisition by the Company or an Affiliate of
property or stock of the employing corporation. The Committee may direct that the substitute awards be granted on such terms and
conditions as the Committee considers appropriate in the circumstances.

 

SECTION 4

 

Eligibility

 

Awards may be granted
to officers, directors and employees of, and consultants and advisers to, the Company or its Affiliates (“Eligible Persons”).

 

SECTION 5

 

Stock Options

 

(a)        General
Provisions.

 

The Committee may grant
to Eligible Persons options to purchase Stock.

 

Any Stock Option granted
under the Plan shall be in such form and containing such terms as the Committee may from time to time approve, not inconsistent
with the provisions of this Plan, and, at a minimum, setting forth the exact number of shares subject to the Stock Option and the
exercise or grant price, which must be no less than Fair Market Value.

 

Stock Options granted
under the Plan may be either Incentive Stock Options (subject to compliance with applicable law) or Non-Statutory Stock Options.
Unless otherwise so designated, an Option shall be a Non-Statutory Stock Option. To the extent that any option does not qualify
as an Incentive Stock Option, it shall constitute a Non-Statutory Stock Option.

 

No Incentive Stock
Option shall be granted under the Plan after the tenth anniversary of the date of adoption of the Plan by the Board.

 

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The Committee may also
grant additional Non-Statutory Stock Options to purchase a number of shares to be determined by the Committee in recognition of
services provided by a Non-Employee Director in his or her capacity as a director, provided that such grants are in compliance
with the requirements of Rule 16b-3, as promulgated under the Securities Exchange Act of 1934, as amended from time to time
(“Rule 16b-3”).

 

The Committee in its
discretion may determine the effective date of Stock Options, provided, however, that grants of Incentive Stock Options shall be
made only to persons who are, on the effective date of the grant, officers or employees of the Company or an Affiliate. Stock Options
granted pursuant to this Section 5 shall contain such additional terms and conditions, not inconsistent with the terms of
the Plan, as the Committee shall deem desirable.

 

(b)   Exercise
Price.   The exercise price per share for the Stock covered by a Stock Option granted pursuant to this Section 5
shall be determined by the Committee at the time of grant but shall be not less than one hundred percent (100%) of Fair Market
Value on the date of grant. If an employee owns or is deemed to own (by reason of the attribution rules applicable under Section 424(d)
of the Code) more than ten percent (10%) of the combined voting power of all classes of stock of the Company or any subsidiary
or parent corporation and an Incentive Stock Option is granted to such employee, the option price shall be not less than one hundred
ten percent (110%) of Fair Market Value on the date of grant.

 

(c)  Option
Term.   The term of each Stock Option shall be fixed by the Committee, but no Incentive Stock Option shall be exercisable
more than ten (10) years after the date the option is granted. If an employee owns or is deemed to own (by reason of the attribution
rules of Section 424(d) of the Code) more than ten percent (10%) of the combined voting power of all classes of stock of the
Company or any subsidiary or parent corporation and an Incentive Stock Option is granted to such employee, the term of such option
shall be no more than five (5) years from the date of grant.

 

(d)  Exercisability;
Rights of a Stockholder.   Stock Options shall become vested and exercisable at such time or times, whether or not
in installments, as shall be determined by the Committee. The Committee, in its discretion, may accelerate the exercisability of
all or any portion of any Stock Option only in circumstances involving (i) a Change of Control of the Company, (ii) undue
hardship, including, but not limited to, death or disability of the option holder, and (iii) a severance arrangement with
a departing option holder. An optionee shall have the rights of a stockholder only as to shares acquired upon the exercise of a
Stock Option and not as to unexercised Stock Options.

 

(e)  Method
of Exercise.   Stock Options may be exercised in whole or in part, by delivering written notice of exercise to the
Company, specifying the number of shares to be purchased. Payment of the purchase price may be made by delivery of cash or bank
check or other instrument acceptable to the Committee in an amount equal to the exercise price of such Options, or, to the extent
provided in the applicable Option Agreement, by one or more of the following methods:

 

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(i) by
delivery to the Company of shares of Common Stock of the Company that either have been purchased by the optionee on the open market,
or have been beneficially owned by the optionee for a period of at least six months and are not then subject to restriction under
any Company plan (“mature shares”); such surrendered shares shall have a fair market value equal in amount to the exercise
price of the Options being exercised; or

  

(ii) if
the class of Common Stock is registered under the Securities Exchange Act of 1934 at such time, by delivery to the Company of a
properly executed exercise notice along with irrevocable instructions to a broker to deliver promptly to the Company cash or a
check payable and acceptable to the Company for the purchase price; provided that in the event that the optionee chooses to pay
the purchase price as so provided, the optionee and the broker shall comply with such procedures and enter into such agreements
of indemnity and other agreements as the Committee shall prescribe as a condition of such payment procedure (including, in the
case of an optionee who is an executive officer of the Company, such procedures and agreements as the Committee deems appropriate
in order to avoid any extension of credit in the form of a personal loan to such officer). The Company need not act upon such exercise
notice until the Company receives full payment of the exercise price; or

 

(iii) by
reducing the number of Option shares otherwise issuable to the optionee upon exercise of the Option by a number of shares of Common
Stock having a fair market value equal to such aggregate exercise price; provided, however, that the optionee otherwise holds an
equal number of mature shares; or

 

(iv) by
any combination of such methods of payment.

 

The delivery of certificates
representing shares of Stock to be purchased pursuant to the exercise of a Stock Option will be contingent upon receipt from the
Optionee (or a purchaser acting in his stead in accordance with the provisions of the Stock Option) by the Company of the full
purchase price for such shares and the fulfillment of any other requirements contained in the Stock Option or imposed by applicable
law.

 

(f)  Non-transferability
of Options.   Except as the Committee may provide with respect to a Non-Statutory Stock Option, no Stock Option shall
be transferable other than by will or by the laws of descent and distribution and all Stock Options shall be exercisable, during
the optionee’s lifetime, only by the optionee.

 

(g)  Annual
Limit on Incentive Stock Options.   To the extent required for “incentive stock option” treatment under
Section 422 of the Code, the aggregate Fair Market Value (determined as of the time of grant) of the Stock with respect to
which Incentive Stock Options granted under this Plan and any other plan of the Company or its Affiliates become exercisable for
the first time by an optionee during any calendar year shall not exceed $100,000.

 

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(h)  Lockup
Agreement.   Each Option shall provide that the optionee shall agree for a period of time (not to exceed 180 days)
from the effective date of any registration of securities of the Company (upon request of the Company or the underwriters managing
any underwritten offering of the Company’s securities) not to sell, make any short sale of, loan, grant any option for the
purchase of, or otherwise dispose of, any shares issued pursuant to the exercise of such Option, without the prior written consent
of the Company or such underwriters, as the case may be.

 

SECTION 6

 

Restricted Stock Awards

 

(a)  Nature
of Restricted Stock Award.   The Committee in its discretion may grant Restricted Stock Awards to any Eligible Person,
entitling the recipient to acquire, for such purchase price, if any, as may be determined by the Committee, shares of Stock subject
to such restrictions and conditions as the Committee may determine at the time of grant (“Restricted Stock”), including
continued employment and/or achievement of pre-established performance goals and objectives.

 

(b)  Acceptance
of Award.   A participant who is granted a Restricted Stock Award shall have no rights with respect to such Award
unless the participant shall have accepted the Award within sixty (60) days (or such shorter date as the Committee may specify)
following the award date by making payment to the Company of the specified purchase price, if any, of the shares covered by the
Award and by executing and delivering to the Company a written instrument that sets forth the terms and conditions applicable to
the Restricted Stock in such form as the Committee shall determine.

 

(c)  Rights
as a Stockholder.   Upon complying with Section 6(b) above, a participant shall have all the rights of a stockholder
with respect to the Restricted Stock, including voting and dividend rights, subject to non-transferability restrictions and Company
repurchase or forfeiture rights described in this Section 6 and subject to such other conditions contained in the written
instrument evidencing the Restricted Stock Award. Unless the Committee shall otherwise determine, certificates evidencing shares
of Restricted Stock shall remain in the possession of the Company until such shares are vested as provided in Section 6(e)
below.

 

(d)  Restrictions.
  Shares of Restricted Stock may not be sold, assigned, transferred, pledged or otherwise encumbered or disposed of except
as specifically provided herein. In the event of termination of employment by the Company and its Affiliates for any reason (including
death, Disability, Normal Retirement and for Cause), the Company shall have the right, at the discretion of the Committee, to repurchase
shares of Restricted Stock which have not then vested at their purchase price, or to require forfeiture of such shares to the Company
if acquired at no cost, from the participant or the participant’s legal representative. The Company must exercise such right
of repurchase or forfeiture within ninety (90) days following such termination of employment (unless otherwise specified in
the written instrument evidencing the Restricted Stock Award).

 

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(e)  Vesting
of Restricted Stock.   The Committee at the time of grant shall specify the date or dates and/or the attainment of
pre-established performance goals, objectives and other conditions on which the non-transferability of the Restricted Stock and
the Company’s right of repurchase or forfeiture shall lapse. Subsequent to such date or dates and/or the attainment of such
pre-established performance goals, objectives and other conditions, the shares on which all restrictions have lapsed shall no longer
be Restricted Stock and shall be deemed “vested.” Subject to Section 11, the Committee, in its discretion, may
accelerate the exercisability of all or any portion of any Restricted Stock Award only in circumstances involving (i) a Change
of Control of the Company, (ii) undue hardship, including, but not limited to, death or disability of the Restricted Stock
Award holder, and (iii) a severance arrangement with a departing Restricted Stock Award holder.

 

(f)  Waiver,
Deferral and Reinvestment of Dividends.   The written instrument evidencing the Restricted Stock Award may require
or permit the immediate payment, waiver, deferral or investment of dividends paid on the Restricted Stock.

 

SECTION 7

 

Unrestricted Stock Awards

 

(a)  Grant
or Sale of Unrestricted Stock.   The Committee in its discretion may grant or sell to any Eligible Person shares
of Stock free of any restrictions under the Plan (“Unrestricted Stock”) at a purchase price determined by the Committee.
Shares of Unrestricted Stock may be granted or sold as described in the preceding sentence in respect of past services or other
valid consideration.

 

(b)  Restrictions
on Transfers.   The right to receive Unrestricted Stock may not be sold, assigned, transferred, pledged or otherwise
encumbered, other than by will or the laws of descent and distribution.

 

SECTION 8

 

Termination of Stock Options

 

(a)  Incentive
Stock Options:

 

(i) 
Termination by Death.   If any participant’s employment by the Company and its Affiliates terminates by
reason of death, any Incentive Stock Option owned by such participant may thereafter be exercised to the extent exercisable at
the date of death, by the legal representative or legatee of the participant, for a period of one hundred eighty (180) days
(or such longer period as the Committee shall specify at any time) from the date of death, or until the expiration of the stated
term of the Incentive Stock Option, if earlier.

 

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(ii) 
Termination by Reason of Disability or Normal Retirement.

 

(A) Any
Incentive Stock Option held by a participant whose employment by the Company and its Affiliates has terminated by reason of Disability
may thereafter be exercised, to the extent it was exercisable at the time of such termination, for a period of ninety (90) days
(or such longer period as the Committee shall specify at any time) from the date of such termination of employment, or until the
expiration of the stated term of the Option, if earlier.

 

(B) Any
Incentive Stock Option held by a participant whose employment by the Company and its Affiliates has terminated by reason of Normal
Retirement may thereafter be exercised, to the extent it was exercisable at the time of such termination, for a period of ninety
(90) days (or such longer period as the Committee shall specify at any time) from the date of such termination of employment,
or until the expiration of the stated term of the Option, if earlier.

 

(C) The
Committee shall have sole authority and discretion to determine whether a participant’s employment has been terminated by
reason of Disability or Normal Retirement.

 

(iii) 
Termination for Cause.   If any participant’s employment by the Company and its Affiliates has been terminated
for Cause, any Incentive Stock Option held by such participant shall immediately terminate and be of no further force and effect;
provided, however, that the Committee may, in its sole discretion, provide that such Option can be exercised for a period of up
to thirty (30) days from the date of termination of employment or until the expiration of the stated term of the Option, if
earlier.

 

(iv) 
Other Termination.   Unless otherwise determined by the Committee, if a participant’s employment by the
Company and its Affiliates terminates for any reason other than death, Disability, Normal Retirement or for Cause, any Incentive
Stock Option held by such participant may thereafter be exercised, to the extent it was exercisable on the date of termination
of employment, for thirty (30) days (or such other period as the Committee shall specify) from the date of termination of
employment or until the expiration of the stated term of the Option, if earlier.

 

(b)  Non-Statutory
Stock Options.   Any Non-Statutory Stock Option granted under the Plan shall contain such terms and conditions with
respect to its termination as the Committee, in its discretion, may from time to time determine.

 

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SECTION 9

 

Tax Withholding

 

(a)  Payment
by Participant.   Each participant shall, no later than the date as of which the value of an Award or of any Stock
or other amounts received thereunder first becomes includable in the gross income of the participant for Federal income tax purposes,
pay to the Company, or make arrangements satisfactory to the Committee regarding payment of any Federal, state, local and/or payroll
taxes of any kind required by law to be withheld with respect to such income. The Company and its Affiliates shall, to the extent
permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the participant.

 

(b)  Payment
in Shares.   A Participant may elect, with the consent of the Committee, to have such tax withholding obligation
satisfied, in whole or in part, by (i) authorizing the Company to withhold from shares of Stock to be issued pursuant to an
Award a number of shares with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the
minimum withholding amount due with respect to such Award, or (ii) delivering to the Company a number of mature shares of
Stock with an aggregate Fair Market Value (as of the date the withholding is effected) that would satisfy the minimum withholding
amount due.

 

(c)  Notice
of Disqualifying Disposition.   Each holder of an Incentive Option shall agree to notify the Company in writing immediately
after making a disqualifying disposition (as defined in Section 421(b) of the Code) of any Stock purchased upon exercise of
an Incentive Stock Option.

 

SECTION 10

 

Transfer and Leave of Absence

 

For purposes of the
Plan, the following events shall not be deemed a termination of employment:

 

(a) a transfer
to the employment of the Company from an Affiliate or from the Company to an Affiliate, or from one Affiliate to another; and

 

(b) an approved
leave of absence for military service or sickness, or for any other purpose approved by the Company, if the employee’s right
to re-employment is guaranteed either by a statute or by contract or under the policy pursuant to which the leave of absence was
granted or if the Committee otherwise so provides in writing.

 

SECTION 11

 

Amendments and Termination

 

The Board may at any
time amend or discontinue the Plan and the Committee may at any time amend or cancel any outstanding Award (or provide substitute
Awards at the same or reduced exercise or purchase price or with no exercise or purchase price, but such price, if any, must satisfy
the requirements which would apply to the substitute or amended Award if it were then initially granted under this Plan) for the
purpose of satisfying changes in law or for any other lawful purpose, but no such action shall adversely affect rights under any
outstanding Award without the holder’s consent.

 

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This Plan shall terminate
as of the tenth anniversary of its effective date. The Board may terminate this Plan at any earlier time for any reason. No Award
may be granted after the Plan has been terminated. No Award granted while this Plan is in effect shall be altered or impaired by
termination of this Plan, except upon the consent of the holder of such Award. The power of the Committee to construe and interpret
this Plan and the Awards granted prior to the termination of this Plan shall continue after such termination.

 

 

SECTION 12

 

Status of Plan

 

With respect to the
portion of any Award which has not been exercised and any payments in cash, Stock or other consideration not received by a participant,
a participant shall have no rights greater than those of a general creditor of the Company unless the Committee shall otherwise
expressly determine in connection with any Award or Awards. In its sole discretion, the Committee may authorize the creation of
trusts or other arrangements to meet the Company’s obligations to deliver Stock or make payments with respect to Awards hereunder,
provided that the existence of such trusts or other arrangements is consistent with the provision of the foregoing sentence.

 

SECTION 13

 

Change of Control Provisions

 

(a) Upon the occurrence
of a Change of Control as defined in this Section 13:

 

(i) subject
to the provisions of clause (iii) below, after the effective date of such Change of Control, each holder of an outstanding
Stock Option, or Restricted Stock Award shall be entitled, upon exercise of such Award, to receive, in lieu of shares of Stock
(or consideration based upon the Fair Market Value of Stock), shares of such stock or other securities, cash or property (or consideration
based upon shares of such stock or other securities, cash or property) as the holders of shares of Stock received in connection
with the Change of Control;

 

(ii) the
Committee may accelerate, fully or in part, the time for exercise of, and waive any or all conditions and restrictions on, each
unexercised and unexpired Stock Option, and Restricted Stock Award, effective upon a date prior or subsequent to the effective
date of such Change of Control, as specified by the Committee; or

 

(iii) each
outstanding Stock Option and Restricted Stock Award, may be cancelled by the Committee as of the effective date of any such Change
of Control provided that (x) prior written notice of such cancellation shall be given to each holder of such an Award and
(y) each holder of such an Award shall have the right to exercise such Award to the extent that the same is then exercisable
or, in full, if the Committee shall have accelerated the time for exercise of all such unexercised and unexpired Awards, during
the thirty (30) day period preceding the effective date of such Change of Control.

 

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(b) “Change
of Control” shall mean the occurrence of any one of the following events:

 

(i) any
“person” (as such term is used in Sections 11(d) and 12(d)(2) of the Exchange Act) becomes, after the Effective
Date of this Plan, a “beneficial owner” (as such term is defined in Rule 13d-3 promulgated under the Exchange
Act) (other than the Company, any trustee or other fiduciary holding securities under an employee benefit plan of the Company,
or any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their
ownership of stock of the Company), directly or indirectly, of securities of the Company representing fifty percent (50%) or more
of the combined voting power of the Company’s then outstanding securities; or

 

(ii) the
stockholders of the Company approve a merger or consolidation of the Company with any other corporation or other entity, other
than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto
continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity)
more than fifty percent (50%) of the combined voting power of the voting securities of the Company or such surviving entity outstanding
immediately after such merger or consolidation; or

 

(iii) the
stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or disposition by
the Company of all or substantially all of the Company’s assets.

 

SECTION 14

 

General Provisions

 

(a)  No Distribution;
Compliance with Legal Requirements.   The Committee may require each person acquiring shares 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 distribution thereof.

 

No shares of Stock
shall be issued pursuant to an Award until all applicable securities laws and other legal and stock exchange requirements have
been satisfied. The Committee may require the placing of such stop orders and restrictive legends on certificates for Stock and
Awards as it deems appropriate.

 

(b)  Delivery
of Stock Certificates.   Delivery of stock certificates to participants under this Plan shall be deemed effected
for all purposes when the Company or a stock transfer agent of the Company shall have delivered such certificates in the United
States mail, addressed to the participant, at the participant’s last known address on file with the Company.

 

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(c)  Other
Compensation Arrangements; No Employment Rights.   Nothing contained in this Plan shall prevent the Board from adopting
other or additional compensation arrangements, including trusts, subject to stockholder approval if such approval is required;
and such arrangements may be either generally applicable or applicable only in specific cases. The adoption of the Plan or any
Award under the Plan does not confer upon any employee any right to continued employment with the Company or any Affiliate.

 

 

SECTION 15

 

Effective Date of Plan

 

This Plan shall become
effective upon its adoption by the Company’s Board of Directors. If the Plan shall not be approved by the stockholders of
the Company within twelve months following its adoption, this Plan shall terminate and be of no further force or effect.

 

SECTION 16

 

Governing Law

 

This Plan shall be
governed by, and construed and enforced in accordance with, the substantive laws of the State of Missouri without regard to its
principles of conflicts of laws.

 

Approved by the Board of Directors February
27, 2014.

 

Approved by the Stockholders May 22, 2014.

 

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