Document:

Filed by Bowne Pure Compliance

Exhibit 10.1

CHROMADEX, INC.

2000 NON-QUALIFIED

INCENTIVE STOCK OPTION PLAN

Purpose. This 2000 Non-qualified Incentive Stock Option Plan (the “Plan”) is
intended to promote the growth and general prosperity of CHROMADEX, INC. (the “Company”)
by encouraging and enabling selected employees and/or consultants of the Company whose
judgment, initiative and effort materially contribute to the successful conduct of the
Company’s business, to acquire and retain a proprietary interest in the Company by
ownership of its stock. Options granted under the Plan are intended to be options which
do not meet the qualified stock option requirements of Section 422 of the Internal
Revenue Code of 1986, as amended (the “Code”).

Definitions. As used in this Plan, capitalized terms shall have the meanings
set forth below or as elsewhere defined:

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

“Committee” means the body administering the Plan.

“Date of Grant” means the date on which an Option is granted under the Plan.

“Effective Date” means October 1, 2000.

“Exercise Price” means the price per share to be paid by the Option Holder to the
Company upon exercise of an Option.

“Expiration Date” means the date on which an Option expires if not exercised.

“Option” means an option to purchase Stock of the Company granted under the Plan.

“Option Period” means the period commencing on the Date of Grant and ending on
the Expiration Date.

“Option Holder” means a person to whom an Option has been granted under the Plan.

“Stock” means the Company’s voting common stock.

 

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1. Administration of Plan. The Plan shall be administered by the Board or by a
committee appointed by the Board (the “Committee”). If the Plan is administered by the Committee,
it shall report all actions taken by it to the Board. Options to members of the Committee may be
granted only by a majority of the disinterested members of the Board. The Committee shall have
full and final authority in its discretion, subject to the provisions of the Plan, to determine
the individuals to whom and the time or times at which Options shall be granted and the number of
shares and purchase price of Stock covered by each Option; to construe and interpret the Plan; to
determine the terms and provisions of the respective Option Agreements, which need not be
identical, including, but without limitation, terms covering the payment of the Option Price; and
to make all other determinations and take all other actions deemed necessary or advisable for the
proper administration of the Plan. All such actions and determinations shall be conclusively
binding for all purposes and upon all persons.

2. Stock Subject to Options. The aggregate number of shares of the Company’s Stock
which may be issued upon the exercise of Options granted under the Plan shall not exceed ten
percent (10.00%) of the issued and outstanding shares of Stock [calculated as if all Options are
exercised], subject to adjustment under the provisions of Section 10. The shares of Stock to be
issued upon the exercise of Options may be authorized but unissued shares, shares issued and
reacquired by the Company or shares bought on the market for the purposes of the Plan. In the event
any Option shall, for any reason, terminate or expire or be surrendered without having been
exercised in full, the shares subject to such Option but not purchased thereunder shall again be
available for Options to be granted under the Plan.

3. Participants. Options may be granted under the Plan to any person who is an
employee or consultant of the Company. The Company may, in its sole discretion, determine who may
be a participant in the Plan.

4. Stock Option Agreement. The terms and conditions of Options granted under the Plan
shall be evidenced by a Stock Option Agreement (hereinafter referred to as the “Option Agreement”)
executed by the Company and the Option Holder. Each Option Agreement shall contain the following
provisions approved by the Board (or the Committee):

	 	(a)	 	A provision fixing the number of shares which may be issued
upon exercise of the Option;

	 
	 	(b)	 	A provision establishing the Exercise Price;

	 
	 	(c)	 	A provision incorporating therein this Plan document by reference;

	 
	 	(d)	 	A provision fixing the maximum duration of the Option as not
more than ten (10) years from the Date of Grant;

	 
	 	(e)	 	A provision to accelerate the Exercise Date to the date ninety
(90) days after the termination date of the employment or consulting agreement
between the Company and the Option Holder;

	 
	 	(f)	 	A provision regarding vesting of the Options;

	 
	 	(g)	 	A provision authorizing the Company to re-purchase the Stock from
Option Holders on termination of the employment or consulting agreement
between the Company and the Option Holder.

 

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5. Exercise Price. Each Option Agreement shall state the Exercise Price (which may be
different for each Option Agreement) and all options will be issued at an exercise price that is
equal or greater than Fair Market Value (FMV) at the date of the grant. Fair Market Value will be
determined by the Board and the executive management of the company based on the current offering
price of shares to outside investors.

6. Period of Option. The Expiration Date of each Option shall be fixed by the Board or
Committee on or before the Date of Grant. Notwithstanding any provision of this Plan and/or of any
Option Agreement to the contrary and, regardless of the date of vesting, the Expiration Date of the
Options shall be the earliest of:

	 	(a)	 	the date the Option Holder’s employment or consulting Agreement
with the Company is terminated by the Company;

	 
	 	(b)	 	the date the Option Holder tenders his/her voluntarily
resignation of employment to the Company; or

	 
	 	(c)	 	the Expiration Date of the Options.

7. Vesting of Shareholder Rights. Neither an Option Holder nor an Option Holder’s
successor shall have any of the rights of a shareholder of the Company until the certificates
evidencing the shares purchased are properly delivered to such Option Holder or his successor.

8. Exercise of Option. Each Option shall be exercisable from time to time over a
period commencing on the Date of Grant and ending upon the Expiration Date. An Option shall be
deemed exercised when written notice of such exercise has been given to the Company at its
principal business office by the person entitled to exercise the Option and full payment in cash or
cash equivalents for the shares with respect to which the Option is exercised has been received by
the Company. Until the issuance of the stock certificates, no right to vote or receive dividends or
any other rights as a stockholder shall exist with respect to optioned shares notwithstanding the
exercise of the Option. No adjustment will be made for a dividend or other rights for which the
record date is prior to the date the stock certificate is issued. An Option may be exercised in
accordance with this Section 8 as to all or any portion of the shares covered by the Option from
time to time during the Option Period, but shall not be exercisable with respect to fractions of a
share. The Board or Committee may prescribe minimum increments in which an Option is exercisable.
As soon as practicable after any proper exercise of an Option in accordance with the provisions of
this Plan, the Company shall, without transfer or issue tax charged to the Option Holder, deliver
to the Option Holder at the main office of the Company, or such other place as shall be mutually
acceptable, a certificate or certificates representing the shares of Stock as to which the Option
has been exercised. The time of issuance and delivery of the Stock may be postponed by the Company
for such period as may be
required for it with reasonable diligence to comply with any applicable listing requirements of
any national or regional securities exchange and any law or regulation applicable to the issuance
and delivery of such shares.

 

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9. Non-transferability of Option. No option shall be transferable or assignable by an
Option Holder except for a transfer or assignment without consideration to: (a) a grantor trust of
which the Option Holder is a trustee or a co-trustee, (b) a spouse, child, sibling, parent, or
other individual who is a related party to the Option Holder as defined in Internal Revenue Code
Section 267, (c) an entity which is owned or controlled by the Option Holder and which is a related
party to the Option Holder as defined in Internal Revenue Code Section 267, or (d) by will or the
laws of descent and distribution of estates. Each option shall be exercisable, during the Option
Holder’s lifetime, only by him or by his permitted assign. No transfer or assignment of an option
shall be effective until the transferee or assignee shall have signed and delivered to the Company
such documents as the Company may require under which said transferee or assignee shall acknowledge
and be bound by all terms and conditions of the Plan and of the Option Agreement signed by the
Option Holder. No Option shall be subject to execution, attachment, or similar process except
with the express consent of the Committee.

10. Adjustments. In the event that the outstanding shares of Stock of the Company
are hereafter increased or decreased or changed into or exchanged for a different number or kind of
shares or other securities of the Company or of another corporation, by reason of a
recapitalization, reclassification, stock split, combination of shares, or dividend or other
distribution payable in capital stock, appropriate adjustment shall be made by the Board or
Committee in the number and kind of shares for the purchase of which Options may be granted under
the Plan. In addition, the Board or Committee may make appropriate adjustment, if any, as it may
deem appropriate, in the number and kind of shares as to which outstanding Options, or portions
thereof then unexercised, shall be exercisable, to the end that the proportionate interest of the
holder of the Option shall, to the extent practicable, be maintained as before the occurrence of
such event. Such adjustment in outstanding Options shall be made without change in the total price
applicable to the unexercised portion of the Option but with a corresponding adjustment in the
Option price per share. Adjustments and determinations under this Section 11 shall be made by the
Board or Committee, whose decisions as to what adjustments or determinations shall be made, and the
extent thereof, shall be final, binding and conclusive.

11. Restrictions on Issuing Shares. The exercise of each Option shall be subject to
the condition that if at any time the Company shall determine in its discretion that the
satisfaction of withholding tax or other withholding liabilities, or that the listing,
registration, or qualification of any shares otherwise deliverable upon such exercise upon any
securities exchange or under any state or federal law, or that the consent or approval of any
regulatory body, is necessary or desirable as a condition of, or in connection with, such exercise
or the delivery or purchase of shares pursuant thereto, then in any such event, such exercise shall
not be effective unless such withholding, listing, registration,
qualification, consent, or approval shall have been effected or obtained free of any conditions
not acceptable to the Company.

 

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12. Restrictions. The Board or Committee may impose such restrictions on any shares
sold pursuant to this Plan as it may deem advisable under the federal Securities Act of 1933, (the
“Act”) as amended, under the requirements of any stock exchange upon which such shares or shares of
the same class are then listed, and under any blue sky or securities laws applicable to such
shares.

13. Legends on Option Certificates. The Options granted hereunder have not been
registered under the Act. Transfer or sale of such securities or any interest therein is unlawful
except after registration, or pursuant to an exemption from the registration requirements, as
provided in the Act and the regulations thereunder. The sale of the securities which are the
subject of this Plan has not been qualified with any state and the issuance of such securities or
the payment or receipt of any part of the consideration therefor prior to such qualification is
unlawful, unless the sale of securities is exempt from the qualification by applicable state
securities laws. The rights of all parties are expressly conditioned upon such qualification being
obtained, unless the sale is so exempt. The Options granted hereunder are being granted in reliance
on perfection of an exemption from qualification. Each certificate of Stock Option shall be stamped
or otherwise imprinted with the following legends:

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. THEY
MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, OR HYPOTHECATED IN THE ABSENCE OF AN
EFFECTIVE REGISTRATION STATEMENT AS TO THESE SECURITIES UNDER THAT ACT OR AN
OPINION BY COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT
REQUIRED.

IT IS UNLAWFUL TO CONSUMMATE A SALE OR TRANSFER OF THIS SECURITY, OR ANY INTEREST
THEREIN, OR TO RECEIVE ANY CONSIDERATION THEREFOR, WITHOUT THE PRIOR WRITTEN
CONSENT OF THE COMMISSIONER OF CORPORATIONS OF THE STATE OF CALIFORNIA, EXCEPT AS
PERMITTED IN THE COMMISSIONER’S RULES.

14. Amendment, Suspension, and Termination of Plan. The Board may at any time suspend
or terminate the Plan or may amend it from time to time in such respects as the Board may deem
advisable in order that the Options granted hereunder may conform to any changes in the law or in
any other respect which the Board may deem to be in the best interests of the Company; provided,
however, that without approval by the shareholders of the Company representing a majority of the
voting power, no such amendment shall (a) increase the maximum number of shares for which Options
may be granted under the Plan, (b) change the provisions of Section 5 relating to the
establishment of the Exercise price, or (c) change the provisions of Section 6 relating to the
Expiration Date of each Option. The Plan shall terminate ten (10) years after the effective date
of the Plan unless terminated earlier by action of the Board. No Option may be granted during any
suspension or after the termination of the Plan. No amendment, suspension, or termination of the
Plan shall, without an Option Holder’s consent, alter or impair any of the rights or obligations
under any Option theretofore granted to such Option Holder under the Plan.

 

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15. Taxes Fees and Expenses. The Company shall pay all original issue and transfer
taxes (but not income taxes, if any) with respect to the grant of Options and/or the issue and
transfer of Stock pursuant to the exercise of such Options, and all other fees and expenses
necessarily incurred by the Company in connection therewith, and will from time to time use its
best efforts to comply with all laws and regulations which, in the opinion of counsel for the
Company, shall be applicable thereto.

16. Reservation of Shares of Stock. The Company, during the term of this Plan, will at
all times reserve and keep available such number of shares of its Stock as shall be sufficient to
satisfy the requirements of the Plan.

17. Registration of Options and Stock. The Company, during the term of this Plan,
shall have no obligation to obtain from the appropriate regulatory agencies (including the
Securities and Exchange Commission) any requisite authorization in order to grant the Options and
issue option certificates pursuant to this Plan or to register the options or the Stock under the
Act.

18. Notices. Any notice to be given to the Company pursuant to the provisions of this
Plan shall be addressed to the Company in care of its Secretary at its principal office, and any
notice to be given to an Option Holder shall be addressed to the Option Holder at the address given
on the Option Agreement, or at such other address as such Option Holder may hereafter designate in
writing to the Company. Any such notice shall be deemed duly given when enclosed in a properly
sealed envelope or wrapper addressed as aforesaid, registered or certified, and deposited, postage
and registry or certification fee prepaid, in a post office or branch post office regularly
maintained by the United States Postal Service. It shall be the obligation of each Option Holder to
provide the Secretary of the Company, by letter mailed as provided herein above, with written
notice of the Option Holder’s correct mailing address.

19. Representations and Warranties. As a condition to the exercise of any portion of
an Option, the Company may require the person exercising such Option to make any representation
and/or warranty to the Company as may, in the judgment of counsel to the Company, be required under
any applicable law or regulation, including but not limited to a representation and warranty that
the shares are being acquired only for investment and without any present intention to sell or
distribute such shares if, in the opinion of counsel for the Company, such a representation is
required under the Securities Act of 1933 or any other applicable law, regulation or rule of any
governmental agency.

 

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20. Plan Records. A copy of this Plan shall be delivered to the Secretary of the
Company and shall be shown by him or her to any eligible person making reasonable inquiry
concerning it.

21. Invalid Provisions. In the event that any provision of this Plan document is found
to be invalid or otherwise unenforceable under any applicable law, such invalidity or
un-enforceability shall not be construed as rendering any other provisions contained herein invalid
or unenforceable, and all such other provisions shall be given full force and effect to the same
extent as though the invalid or unenforceable provision were not contained herein.

22. Applicable Law. This Plan shall be governed by and construed in accordance with
the laws of the State of California.

23. Successors and Assigns. This Plan shall be binding on and inure to the benefit of
the Company and the Option Holders, and their respective heirs, successors, and assigns.

24. Headings. The subject headings of the Sections and Sub-sections of this Agreement
are included for convenience only, and shall not affect the construction or interpretation of any
of its provisions.

IN WITNESS WHEREOF, the Company has duly executed this instrument as of October 1, 2000.

	 	 	 	 	 
	 

	 	CHROMADEX, INC.
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	Frank L. Jaksch, Jr. President

 

7 of 7Filed by Bowne Pure Compliance

Exhibit 10.2

ChromaDex, Inc.

Second Amended and Restated

2007 Equity Incentive Plan

Adopted March 13, 2007

Approved By Shareholders April 5, 2007

Amended and Restated: February 11, 2008 and May 12, 2008

Termination Date: March 13, 2017

1. Purposes.

(a) Eligible Stock Award Recipients. The persons eligible to receive Stock Awards are the
Employees, Directors and Consultants of the Company and its Affiliates.

(b) Available Stock Awards. The purpose of this Plan is to provide a means by which eligible
recipients of Stock Awards may be given an opportunity to benefit from increases in value of the
Common Stock through the granting of the following Stock Awards: (i) Incentive Stock Options, (ii)
Nonstatutory Stock Options, (iii) stock bonuses and (iv) rights to acquire restricted stock.

(c) General Purpose. The Company, by means of this Plan, seeks to retain the services of the
group of persons eligible to receive Stock Awards, to secure and retain the services of new members
of this group and to provide incentives for such persons to exert maximum efforts for the success
of the Company and its Affiliates.

2. Definitions.

(a) “Administrator” means, collectively the Board, and/or one or more Committees, and/or one
or more executive officers of the Company designated by the Board to administer the Plan or
specific portions thereof; provided, however, that the administration of Stock Awards with respect
to any Participant who is subject to Section 16 of the Exchange Act may only be administered by a
committee of Independent Directors (as defined in Section 2(s)).

(b) “Affiliate” means any parent corporation or subsidiary corporation of the Company, whether
now or hereafter existing, as those terms are defined in Sections 424(e) and (f), respectively, of
the Code.

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

(d) “Capitalization Adjustment” has the meaning given to that term in Section 11(a).

 

 

 

(e) “Change of Control” means the occurrence, in a single transaction or in a series of
related transactions, of any one or more of the following events:

(i) any “person” (as such term is used in Section 13(d) and 14(d) of the Exchange Act) becomes
the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of
securities of the Company representing more than fifty percent (50%) of the combined voting power
of the Company’s then outstanding securities other than by virtue of a merger, consolidation or
similar transaction;

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

(iii) the consummation of a sale, transfer or other disposition of all or substantially all of
the Company’s assets.

The term Change in Control shall not include a sale of assets, merger or other transaction
effected exclusively for the purpose of changing the domicile of the Company or creating a holding
company that will be Owned in substantially the same proportions by the persons or entities who
held the Company’s securities immediately before such transaction.

(f) “Code” means the Internal Revenue Code of 1986, as amended.

(g) “Committee” means a committee of one or more members of the Board appointed by the Board
to administer the Plan or specific portions thereof.

(h) “Common Stock” means the common stock of the Company.

(i) “Company” means ChromaDex, Inc., a California corporation.

(j) “Consultant” means any person, including an advisor, engaged by the Company or an
Affiliate to render consulting or advisory services and who is compensated for such services. The
term “Consultant” shall not include Directors who are not compensated by the Company for services
as Directors, and the payment of a director’s fee by the Company to a Director for his or her
services as a Director shall not cause such Director to be considered a “Consultant” for purposes
of this Plan.

(k) “Continuous Service” means that the Participant’s service with the Company or an
Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. A
change in the capacity in which the Participant renders service to the Company or an Affiliate as
an Employee, Consultant or Director or a change in the entity for which the Participant renders
such service, provided that there is no interruption or termination of the Participant’s service
with the Company or an Affiliate, shall not terminate a Participant’s Continuous Service. For
example, a change in status from an Employee of the Company to a Consultant for an Affiliate or to
a Director shall not constitute an interruption of Continuous Service. The Board or the chief
executive officer of the Company, in that party’s sole discretion, may determine whether Continuous
Service shall be considered interrupted in the case of any leave of absence approved by that party,
including sick leave, military leave or any other personal leave. Notwithstanding
the foregoing, a leave of absence shall be treated as Continuous Service for purposes of
vesting in a Stock Award only to such extent as may be provided in the Company’s leave of absence
policy or in the written terms of the Participant’s leave of absence.

 

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(l) “Corporate Transaction” means the occurrence, in a single transaction or in a series of
related transactions, of any one or more of the following events:.

(i) a sale or other disposition of all or substantially all, as determined by the Board in its
discretion, of the consolidated assets of the Company and its subsidiaries;

(ii) a sale or other disposition of at least fifty percent (50%) of the outstanding securities
of the Company;

(iii) a merger, consolidation or similar transaction following which the Company is not the
surviving corporation; or

(iv) a merger, consolidation or similar transaction following which the Company is the
surviving corporation but the shares of Common Stock outstanding immediately preceding the merger,
consolidation or similar transaction are converted or exchanged by virtue of the merger,
consolidation or similar transaction into other property, whether in the form of securities, cash
or otherwise.

(m) “Director” means a member of the Board of Directors of the Company or an Affiliate of the
Company.

(n) “Disability” means the inability of a person, in the opinion of a qualified physician
acceptable to the Company, to perform the major duties of that person’s position with the Company
or an Affiliate because of the sickness or injury of the person.

(o) “Employee” means any person employed by the Company or an Affiliate. Service as a
Director or payment of a director’s fee by the Company or such service or for service as a member
of the Board of Directors of an Affiliate shall not be sufficient to constitute “employment” by the
Company or an Affiliate.

(p) “Exchange Act” means the Securities Exchange Act of 1934, as amended.

(q) “Fair Market Value” means, as of any date, provided the Common Stock is listed on an
established stock exchange or a national market system, including without limitation the
Over-the-Counter Bulletin Board (“OTCBB”) market, the Nasdaq Global Market or Nasdaq Global Select
Market of the National Association of Securities Dealers, Inc. Automated Quotation (“Nasdaq”)
System, the Fair Market Value of a share of Common Stock shall be the average of the highest and
the lowest trading prices for such stock on the date of grant of the Award. If no sales were
reported on such date of grant of the Award, the Fair Market Value of a share of Common Stock shall
be the average of the highest and lowest trading prices for such stock on the last market trading
day with reported sales prior to the date of determination. In the case where the Company is not
listed on an established stock exchange or national market system, Fair Market Value shall be
determined by the Board in good faith in accordance with Code Section 409A and the applicable
Treasury regulations.

 

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(r) “Fiscal Year” means a fiscal year of the Company.

(s) “Independent Directors” means a Non-Employee Director who is (i) a “non-employee director”
within the meaning of Section 16b-3 of the Exchange Act, (ii) “independent” as determined under the
rules or regulations of any applicable securities market, and (iii) an “outside director” under
Treasury Regulation Section 1.162-27(e)(3), as any of these definitions may be modified or
supplemented from time to time.

(t) “Incentive Stock Option” means an Option intended to qualify as an incentive stock option
within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

(u) “Nonstatutory Stock Option” means an Option not intended to qualify as an Incentive Stock
Option.

(v) “Non-Employee Director” means a Director who is not employed by the Company or an
Affiliate.

(w) “Officer” means any person designated by the Company as an officer.

(x) “Option” means an Incentive Stock Option or a Nonstatutory Stock Option granted pursuant
to this Plan.

(y) “Option Agreement” means a written agreement between the Company and an Optionholder
evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be
subject to the terms and conditions of this Plan.

(z) “Optionholder” means a person to whom an Option is granted pursuant to this Plan or, if
applicable, such other person who holds an outstanding Option.

(aa) “Own,” “Owned,” “Owner,” “Ownership” A person or entity shall be deemed to “Own,” to
have “Owned,” to be the “Owner” of, or to have acquired “Ownership” of securities if such person or
entity, directly or indirectly, through any contract, arrangement, understanding, relationship or
otherwise, has or shares voting power, which includes the power to vote or to direct the voting,
with respect to such securities.

(bb) “Participant” means a person to whom a Stock Award is granted pursuant to this Plan or,
if applicable, such other person who holds an outstanding Stock Award.

(cc) “Plan” means this Second Amended and Restated ChromaDex, Inc. 2007 Equity Incentive Plan.

(dd) “Securities Act” means the Securities Act of 1933, as amended.

(ee) “Stock Award” means any right granted under this Plan, including an Option, a stock bonus
and a right to acquire restricted stock.

 

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(ff) “Stock Award Agreement” means a written agreement between the Company and a holder of a
Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock
Award Agreement shall be subject to the terms and conditions of this Plan.

(gg) “Ten Percent Shareholder” means a person or entity who Owns (or is deemed to Own pursuant
to Section 424(d) of the Code) stock possessing more than ten percent (10%) of the total combined
voting power of all classes of stock of the Company or of any of its Affiliates.

3. Administration.

(a) The Administrator. The Administrator, if not the Board, shall be appointed by the Board
from time to time.

(b) Powers of the Administrator. The Administrator shall have the power, subject to, and
within the limitations of, the express provisions of this Plan:

(i) To determine from time to time which of the persons eligible under this Plan shall be
granted Stock Awards; when and how each Stock Award shall be granted; what type or combination of
types of Stock Award shall be granted; the provisions of each Stock Award granted (which need not
be identical), including the time or times when a person shall be permitted to receive Common Stock
pursuant to a Stock Award; and the number of shares of Common Stock with respect to which a Stock
Award shall be granted to each such person.

(ii) To construe and interpret this Plan and Stock Awards granted under it, and to establish,
amend and revoke rules and regulations for its administration. The Administrator, in the exercise
of this power, may correct any defect, omission or inconsistency in this Plan or in any Stock Award
Agreement, in a manner and to the extent it shall deem necessary or expedient to make this Plan
fully effective.

(iii) To amend this Plan or a Stock Award as provided in Section 12.

(iv) Generally, to exercise such powers and to perform such acts as the Administrator deems
necessary or expedient to promote the best interests of the Company which are not in conflict with
the provisions of this Plan.

(c) Effect of Administrator’s Decision. All determinations, interpretations and constructions
made by the Administrator in good faith shall not be subject to review by any person and shall be
final, binding and conclusive on all persons.

 

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4. Shares Subject to this Plan.

(a) Share Reserve. Subject to the provisions of Section 11 relating to Capitalization
Adjustments, the Common Stock that may be issued pursuant to Stock Awards shall not exceed in the
aggregate the greater of: (i) four million (4,000,000) shares of Common Stock, or (ii) 10% of the
shares of Common Stock issued and outstanding on any date during the Plan Term, as determined in
accordance with Section 13(a). No more than four million (4,000,000) shares of Common Stock may be
subject to Incentive Stock Options granted under this Plan.

(b) Reversion of Shares to the Share Reserve. If any Stock Award shall for any reason expire
or otherwise terminate, in whole or in part, without having been exercised in full, the shares of
Common Stock not acquired under such Stock Award shall revert to and again become available for
issuance under this Plan.

(c) Source of Shares. The shares of Common Stock subject to this Plan may be unissued shares
or reacquired shares, bought on the market or otherwise.

5. Eligibility.

(a) Eligibility for Specific Stock Awards. Incentive Stock Options may be granted only to
Employees. Stock Awards other than Incentive Stock Options may be granted to Employees, Directors
and Consultants.

(b) Ten Percent Shareholders. A Ten Percent Shareholder shall not be granted an Incentive
Stock Option unless the per-share exercise price of such Option is at least one hundred ten percent
(110%) of the Fair Market Value of a share of the Common Stock on the date of grant and the Option
is not exercisable after the expiration of five (5) years from the date of grant.

6. Option Provisions.

Each Option shall be in such form and shall contain such terms and conditions as the
Administrator shall deem appropriate, consistent with the provisions of this Plan. All Options
shall be separately designated Incentive Stock Options or Nonstatutory Stock Options at the time of
grant, and, if certificates are issued, a separate certificate or certificates shall be issued for
shares of Common Stock purchased on exercise of each type of Option. The provisions of separate
Options need not be identical, but each Option shall include (through incorporation of provisions
hereof by reference in the Option or otherwise) the substance of each of the following provisions:

(a) Term. Subject to the provisions of Section 5(b) regarding Ten Percent Shareholders, no
Option shall be exercisable after the expiration of ten (10) years from the date it was granted.

(b) Exercise Price of an Incentive Stock Option. Subject to the provisions of Section 5(b)
regarding Ten Percent Shareholders, the per-share exercise price of each Incentive Stock Option
shall be not less than one hundred percent (100%) of the Fair Market Value of a share of the Common
Stock subject to the Option on the date the Option is granted. Notwithstanding the foregoing, an
Incentive Stock Option may be granted with an exercise price lower than that set forth in the
preceding sentence if such Option is granted pursuant to an assumption or substitution for another
option in a manner satisfying the provisions of Section 424(a) of the Code.

(c) Exercise Price of a Nonstatutory Stock Option. The per-share exercise price of each
Nonstatutory Stock Option shall not be less than one hundred percent (100%) of the Fair Market
Value of a share of Common Stock subject to the Option on the date the Option is granted.

 

6

 

(d) Consideration. The purchase price of Common Stock acquired pursuant to an Option shall be
paid, to the extent permitted by applicable statutes and regulations, either (i) in cash at the
time the Option is exercised or (ii) at the discretion of the Administrator at the time of the
grant of the Option (or subsequently in the case of a Nonstatutory Stock Option) (A) by delivery to
the Company of other Common Stock or (B) in any other form of legal consideration that may be
acceptable to the Administrator.

(e) Transferability of an Incentive Stock Option. An Incentive Stock Option shall not be
transferable except by will or by the laws of descent and distribution and shall be exercisable
during the lifetime of the Optionholder only by the Optionholder. Notwithstanding the foregoing,
the Optionholder may, by delivering written notice to the Company, in a form satisfactory to the
Company, designate a third party who, in the event of the death of the Optionholder, shall
thereafter be entitled to exercise the Option.

(f) Transferability of a Nonstatutory Stock Option. A Nonstatutory Stock Option shall not be
transferable except by will or by the laws of descent and distribution. Notwithstanding the
foregoing, the Optionholder may, by delivering written notice to the Company, in a form
satisfactory to the Company, designate a third party who, in the event of the death of the
Optionholder, shall thereafter be entitled to exercise the Option.

(g) Vesting Generally. The total number of shares of Common Stock subject to an Option may,
but need not, vest and therefore become exercisable in periodic installments that may, but need
not, be equal. The Option may be subject to such other terms and conditions on the time or times
when it may be exercised (which may be based on performance or other criteria) as the Administrator
may deem appropriate. The vesting provisions of individual Options may vary.

(h) Termination of Continuous Service. In the event an Optionholder’s Continuous Service
terminates (other than upon the Optionholder’s death or Disability), the Optionholder may exercise
his or her Option (to the extent that the Optionholder was entitled to exercise such Option as of
the date of termination) but only within such period of time ending on the earlier of (i) the date
thirty (30) days following the termination of the Optionholder’s Continuous Service (or such longer
or shorter period specified in the Option Agreement, which period shall not be less than thirty
(30) days unless such termination is for cause (as such term is defined in an individual written
employment agreement between the Company or any Affiliate and the Participant, and, in the absence
of such an individual agreement, as determined by the Administrator), or (ii) the expiration of the
term of the Option as set forth in the Option Agreement. If, after termination of the
Optionholder’s Continuous Service, the Optionholder does not exercise his or her Option within the
time specified in the Option Agreement, the Option shall terminate.

(i) Disability of Optionholder. In the event that an Optionholder’s Continuous Service
terminates as a result of the Optionholder’s Disability, the Optionholder may exercise his or her
Option (to the extent that the Optionholder was entitled to exercise such Option as of the date of
termination), but only within such period of time ending on the earlier of (i) the date twelve (12)
months following such termination of the Optionholder’s Continuous Service (or such longer or
shorter period specified in the Option Agreement, which period shall not be less
than six (6) months or (ii) the expiration of the term of the Option as set forth in the
Option Agreement. If, after termination of the Optionholder’s Continuous Service, the Optionholder
does not exercise his or her Option within the time specified herein, the Option shall terminate.

 

7

 

(j) Death of Optionholder. In the event that (i) an Optionholder’s Continuous Service
terminates as a result of the Optionholder’s death or (ii) the Optionholder dies within the period
(if any) specified in the Option Agreement after the termination of the Optionholder’s Continuous
Service for a reason other than death, then the Option may be exercised (to the extent the
Optionholder was entitled to exercise such Option as of the date of death) by the Optionholder’s
estate, by a person who acquired the right to exercise the Option by bequest or inheritance or by a
person designated to exercise the Option upon the Optionholder’s death pursuant to Section 6(e) or
6(f), but only within the period ending on the earlier of (1) the date eighteen (18) months
following the date of death (or such longer or shorter period specified in the Option Agreement,
which period shall not be less than six (6) months) or (2) the expiration of the term of such
Option as set forth in the Option Agreement. If, after death, the Option is not exercised within
the time specified herein, the Option shall terminate.

(k) Early Exercise. The Option may, but need not, include a provision whereby the
Optionholder may elect at any time before the Optionholder’s Continuous Service terminates to
exercise the Option as to any part or all of the shares of Common Stock subject to the Option prior
to the full vesting of the Option.

7. Provisions of Stock Awards other than Options.

(a) Stock Bonus Awards. Each stock bonus agreement shall be in such form and shall contain
such terms and conditions as the Administrator shall deem appropriate, consistent with the
provisions of this Plan. The terms and conditions of stock bonus agreements may change from time
to time, and the terms and conditions of separate stock bonus agreements need not be identical, but
each stock bonus agreement shall include (through incorporation of provisions hereof by reference
in the agreement or otherwise) the substance of each of the following provisions:

(i) Consideration. A stock bonus may be awarded in consideration for past services actually
rendered to the Company or an Affiliate for its benefit.

(ii) Vesting. Shares of Common Stock awarded under the stock bonus agreement may, but need
not, be subject to a share repurchase option in favor of the Company in accordance with a vesting
schedule to be determined by the Administrator.

(iii) Termination of Participant’s Continuous Service. In the event a Participant’s
Continuous Service terminates, the Company may reacquire any or all of the shares of Common Stock
held by the Participant which have not vested as of the date of termination of the Participant’s
Continuous Service under the terms of the stock bonus agreement.

(iv) Transferability. Rights to acquire shares of Common Stock under the stock bonus
agreement shall be transferable by the Participant only upon such terms and conditions as are set
forth in the stock bonus agreement, as the Administrator shall determine in
its discretion, so long as Common Stock awarded under the stock bonus agreement remains
subject to the terms of the stock bonus agreement.

 

8

 

(b) Restricted Stock Awards. Each restricted stock purchase agreement shall be in such form
and shall contain such terms and conditions as the Administrator shall deem appropriate, consistent
with the provisions of this Plan. The terms and conditions of the restricted stock purchase
agreements may change from time to time, and the terms and conditions of separate restricted stock
purchase agreements need not be identical, but each restricted stock purchase agreement shall
include (through incorporation of provisions hereof by reference in the agreement or otherwise) the
substance of each of the following provisions:

(i) Purchase Price. The per-share purchase price, if any, under each restricted stock
purchase agreement shall be such amount as the Administrator shall determine and designate in such
restricted stock purchase agreement.

(ii) Consideration. The purchase price, if any, of Common Stock acquired pursuant to the
restricted stock purchase agreement shall be paid either: (i) in cash at the time of purchase; or
(ii) in any other form of legal consideration that may be acceptable to the Administrator in its
discretion.

(iii) Vesting. Shares of Common Stock acquired under the restricted stock purchase agreement
may, but need not, be subject to a share repurchase option in favor of the Company in accordance
with a vesting schedule to be determined by the Administrator.

(iv) Termination of Participant’s Continuous Service. In the event a Participant’s Continuous
Service terminates, the Company may repurchase or otherwise reacquire any or all of the shares of
Common Stock held by the Participant which have not vested as of the date of termination of the
Participant’s Continuous Service under the terms of the restricted stock purchase agreement.

(v) Transferability. Rights to acquire shares of Common Stock under the restricted stock
purchase agreement shall be transferable by the Participant only upon such terms and conditions as
are set forth in the restricted stock purchase agreement, as the Administrator shall determine in
its discretion, so long as Common Stock awarded under the restricted stock purchase agreement
remains subject to the terms of the restricted stock purchase agreement.

8. Covenants of the Company.

During the terms of the Stock Awards, the Company shall keep available at all times the number
of shares of Common Stock required to satisfy such Stock Awards.

9. Use of Proceeds from Stock.

Proceeds from the sale of Common Stock pursuant to Stock Awards shall constitute general funds
of the Company.

 

9

 

10. Miscellaneous.

(a) Acceleration of Exercisability and Vesting. The Administrator shall have the power to
accelerate the time at which a Stock Award may first be exercised or the time during which a Stock
Award or any part thereof will vest in accordance with this Plan, notwithstanding the provisions in
the Stock Award stating the time at which it may first be exercised or the time during which it
will vest.

(b) Shareholder Rights. No Participant shall be deemed to be the holder of, or to have any of
the rights of a holder with respect to, any shares of Common Stock subject to such Stock Award
unless and until such Participant has satisfied all requirements for exercise of the Stock Award
pursuant to its terms.

(c) No Employment or other Service Rights. Nothing in this Plan or any instrument executed or
Stock Award granted pursuant hereto shall confer upon any Participant any right to continue to
serve the Company or an Affiliate in the capacity in effect at the time the Stock Award was granted
or shall affect the right of the Company or an Affiliate to terminate (i) the employment of an
Employee at any time, with or without notice and with or without cause, (ii) the service of a
Consultant pursuant to the terms of such Consultant’s agreement with the Company or an Affiliate or
(iii) the service of a Director pursuant to the Bylaws of the Company or an Affiliate, and any
applicable provisions of the corporate law of the state in which the Company or the Affiliate is
incorporated, as the case may be.

(d) Incentive Stock Option $100,000 Limitation. To the extent that the aggregate Fair Market
Value (determined at the time of grant) of Common Stock with respect to which Incentive Stock
Options are exercisable for the first time by any Optionholder during any calendar year (under all
plans of the Company and its Affiliates) exceeds one hundred thousand dollars ($100,000), the
Options or portions thereof that exceed such limit (according to the order in which they were
granted) shall be treated as Nonstatutory Stock Options, notwithstanding any contrary provision of
an Option Agreement.

(e) Annual Limitation on Stock Awards. No Participant shall be granted an Award or Awards in
any Fiscal Year in which the combined number of Shares underlying such Award(s) exceeds 2% of the
then issued and outstanding shares of Common Stock.

(f) Withholding Obligations. To the extent provided by the terms of a Stock Award Agreement,
the Participant may satisfy any federal, state or local tax withholding obligation relating to the
exercise or acquisition of Common Stock under a Stock Award by any of the following means (in
addition to the Company’s right to withhold from any compensation paid to the Participant by the
Company) or by a combination of such means: (i) tendering a cash payment; (ii) authorizing the
Company to withhold shares of Common Stock from the shares of Common Stock otherwise issuable to
the Participant as a result of the exercise or acquisition of Common Stock under the Stock Award,
provided, however, that no shares of Common Stock are withheld with a value exceeding the minimum
amount of tax required to be withheld by law (or such lower amount as may be necessary to avoid
variable award accounting); or (iii) delivering to the Company Owned and unencumbered shares of
Common Stock.

 

10

 

11. Adjustments upon Changes in Stock.

(a) Capitalization Adjustments. If any change is made in or other event occurs with respect
to the Common Stock subject to this Plan, or subject to any Stock Award, without the receipt of
consideration by the Company (through merger, consolidation, reorganization, recapitalization,
reincorporation, stock dividend, dividend in property other than cash, stock split, liquidating
dividend, combination of shares, exchange of shares, change in corporate structure or other
transaction not involving the receipt of consideration by the Company) (each, a “Capitalization
Adjustment”), this Plan will be appropriately adjusted in the class(es) and maximum number of
securities subject to this Plan pursuant to Section 4(a), and the outstanding Stock Awards will be
appropriately adjusted in the class(es) and number of securities and price per share of Common
Stock subject to such outstanding Stock Awards. The Administrator shall make such adjustments, and
its determination shall be final, binding and conclusive. (The conversion of any convertible
securities of the Company shall not be treated as a transaction “without receipt of consideration”
by the Company.)

(b) Dissolution or Liquidation. In the event of a dissolution or liquidation of the Company,
then all outstanding Stock Awards shall terminate immediately prior to the completion of such
dissolution or liquidation, and shares of Common Stock subject to the Company’s repurchase option
may be repurchased by the Company notwithstanding the fact that the holder of such stock is still
in Continuous Service.

(c) Corporate Transaction. In the event of a Corporate Transaction, any surviving corporation
or acquiring corporation may assume or continue any or all Stock Awards outstanding under the Plan
or may substitute similar awards for Stock Awards outstanding under this Plan (it being understood
that similar awards include, but are not limited to, awards to acquire the same consideration paid
to the shareholders or the Company, as the case may be, pursuant to the Corporate Transaction), and
any reacquisition or repurchase rights held by the Company in respect of Common Stock issued
pursuant to Stock Awards may be assigned by the Company to the successor of the Company (or such
successor’s parent company), if any, in connection with such Corporate Transaction. In the event
that any surviving corporation or acquiring corporation does not assume or continue any or all such
outstanding Stock Awards or substitute similar options for such outstanding Stock Awards, then with
respect to Stock Awards that have not been assumed, continued or substituted, the Administrator
may:

(i) (A) cancel all outstanding Stock Awards, and terminate this Plan, effective as of the
consummation of such transaction (the “Closing”), provided that it will notify all
Participants holding outstanding Stock Awards that would otherwise be exercisable as of the Closing
of the proposed Corporate Transaction a reasonable period of time prior to the Closing so that each
such Participant will be given an opportunity to exercise the then exercisable portion of such
Stock Awards prior to the cancellation thereof, and (B) exercise the Company’s repurchase option
with respect to outstanding Stock Awards, to the extent such right has not lapsed; or

(ii) at the Administrator’s discretion, deem the vesting of all or a portion of Stock Awards
that have not been assumed, continued or substituted prior to the Closing (and, if applicable, the
time at which such Stock Awards may be exercised) accelerated in full
(contingent upon the effectiveness of the Corporate Transaction) to a date prior to the
Closing as the Administrator shall determine (or, if the Administrator shall not determine such a
date, to the date that is five (5) days prior to the Closing), and any reacquisition or repurchase
rights held by the Company with respect to such Stock Awards (contingent upon the effectiveness of
the Corporate Transaction) shall lapse.

 

11

 

With respect to any other Stock Awards outstanding under this Plan that have not been assumed,
continued or substituted, the vesting of such Stock Awards (and, if applicable, the time at which
such Stock Award may be exercised) shall not be accelerated, unless otherwise provided in a written
agreement between the Company or any Affiliate and the holder of such Stock Award, and such Stock
Awards shall terminate if not exercised (if applicable) prior to the effective time of the
Corporate Transaction.

(d) Change in Control. In the event of a Change in Control, a Stock Award held by any
Participant may be subject to acceleration of vesting and exercisability upon or after such events
as may be provided in the Stock Award Agreement for such Stock Award or as may be provided in any
other written agreement between the Company or any Affiliate and the Participant, but in the
absence of such provision, no such acceleration shall occur.

12. Amendment of this Plan and Stock Awards.

(a) Amendment of Plan. The Administrator at any time, and from time to time, may amend this
Plan. However, except as provided in Section 11 relating to adjustments upon changes in Common
Stock, no amendment shall be effective unless approved by the shareholders of the Company to the
extent shareholder approval is necessary to satisfy the requirements of Section 422 of the Code,
Rule 16b-3 under the Exchange Act or any Nasdaq or securities exchange listing requirements.

(b) Shareholder Approval. The Administrator may, in its sole discretion, submit any other
amendment to this Plan for shareholder approval.

(c) Contemplated Amendments. It is expressly contemplated that the Administrator may amend
this Plan in any respect the Administrator deems necessary or advisable to provide eligible
Employees with the maximum benefits provided or to be provided under the provisions of the Code and
the regulations promulgated thereunder relating to Incentive Stock Options and/or to bring this
Plan and/or Incentive Stock Options granted under it into compliance therewith.

(d) No Impairment of Rights. Rights under any Stock Award granted before amendment of this
Plan shall not be impaired by any amendment of this Plan unless (i) the Company requests the
consent of the Participant and (ii) the Participant consents in writing.

(e) Amendment of Stock Awards. The Administrator at any time, and from time to time, may
amend the terms of any one or more Stock Awards; provided, however, that the rights under any Stock
Award shall not be impaired by any such amendment unless (i) the Company requests the consent of
the Participant and (ii) the Participant consents in writing.

 

12

 

13. Termination or Suspension of this Plan.

(a) Plan Term. The Administrator may suspend or terminate this Plan at any time. Unless
sooner terminated, this Plan shall terminate on the day before the tenth (10th) anniversary of the
date this Plan is adopted by the Administrator or approved by the shareholders of the Company,
whichever is earlier. No Stock Awards may be granted under this Plan while this Plan is suspended
or after it is terminated.

(b) No Impairment of Rights. Suspension or termination of this Plan shall not impair rights
and obligations under any Stock Award granted while this Plan is in effect except with the written
consent of the Participant.

14. Effective Date of Plan.

This Plan shall become effective as determined by the Administrator, but no Stock Award shall
be exercised (or, in the case of a stock bonus, shall be granted) unless and until this Plan has
been approved by the shareholders of the Company, which approval shall be within twelve (12) months
before or after the date this Plan is adopted by the Administrator.

15. Choice of Law.

The law of the State of California shall govern all questions concerning the construction,
validity and interpretation of this Plan and any Stock Award granted hereunder, without regard to
such state’s conflict of laws rules.

 

13

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