Document:

Prepared by R.R. Donnelley Financial -- Annual Incentive Compensation Plan

   
 Exhibit 10.1
 

  TECO ENERGY, INC. 
 
ANNUAL INCENTIVE COMPENSATION PLAN 
  REVISED AS OF APRIL 17, 2002 
 

  

   ANNUAL INCENTIVE COMPENSATION PLAN 
  BASIC PLAN CONCEPT 
 The Annual Incentive Compensation Plan
provides a consistent framework for applying annual incentive pay to officers of TECO Energy and each of its operating units. Each participant is assigned a target award amount, expressed as a percentage of the greater of salary range midpoint or
annual salary, which will represent an appropriate incentive payment when performance is at the targeted level. Smaller awards may be earned when performance is below target, and larger awards may be earned when performance exceeds target.

 Performance for each participant will be measured, in part, against a combination of one or more quantifiable profit and operational goals. These goals will be set at the corporate and operating levels, and
most participants will have a portion of their awards related to each. The remaining portion of each participant’s performance that is not measured by the quantified goals mentioned above will be evaluated on a subjective basis considering
overall contribution level and achievement of other individual goals. Each participant will have a “Business Challenge” goal, to reflect the participant’s contribution to: (a) mitigating the impact of unexpected adverse business or
regulatory developments on the business unit or (b) enhancing profitability or capacity for profit, through effective management initiatives beyond those included in the business plan.
  ELIGIBILITY

 All officers that are approved by the Chief Executive Officer of TECO Energy and the Compensation Committee of the TECO Energy Board (the “Compensation Committee”) will be eligible to
participate.
  TARGET AWARD LEVELS 
 Target award levels are established at a level that, when combined with each participant’s base salary, will provide a fully
competitive total cash compensation opportunity. The incentive portion of the total compensation opportunity reflects compensation “at risk” which is directly related to performance and results achieved. Generally, the portion of
compensation “at risk” (i.e., the target award level) is influenced by the level of the participant’s accountability for contributing to bottom-line results, the degree of influence the participant has over results and competitive
practice.
  ESTABLISHING PERFORMANCE GOALS AND WEIGHTINGS 
 For each plan year, profit, growth and/or operational effectiveness goals will be established for TECO
Energy and each of its operating units. Financial goals may measure performance relative to other companies over periods of one-year or longer. 
 For each financial goal the target level of performance, as well
as threshold and maximum levels, will be approved by the Compensation Committee. Threshold performance represents the minimum performance that still warrants incentive recognition for that particular goal (paid at 50 percent of the target award
level), and maximum performance represents the highest level likely to be attained (paid at 150 percent of the target award level for all goals, except the Business Challenge goal which can be paid 

    at 200 percent). One-time gains and losses that were not contemplated in the TECO Energy business plan will not be included in calculating financial results for
purposes of this plan. Regardless of the degree of achievement of each established goal, the payout to all participants will be zero if TECO Energy’s net income for that year is not at or above the threshold set for that year by the
Compensation Committee.
 A determination will be made for each participant regarding their portion of the award that will be based on corporate, operating unit or individual performance. Generally, the weightings
among these three measurement groups will vary by organizational level.
  APPLICATION OF DISCRETION 
 While not anticipated to be a common occurrence, the Compensation
Committee may occasionally decide that the plan formula would unduly penalize or reward management. In such cases, award funds may be increased or decreased to better meet the plan’s intent of relating rewards to management performance.

  AWARD DETERMINATION 
 At the end of each plan year, a four-step process will be followed in determining actual incentive awards.

	Step 1:	The actual degree of achievement for each goal at the corporate, operating unit and individual level is determined. Levels of achievement can range up to 200 percent for the Business Challenge goal and up to
150 percent for all other goals.
	Step 2:	Corporate, operating unit and individual performance factors are determined by multiplying levels of goal achievement by the weightings assigned to each goal.
	Step 3:	The total of all performance factors is multiplied by the target award, producing the calculated award.
	Step 4:	The calculated award may be adjusted up or down by the Compensation Committee with respect to the senior officers and by the Chief Executive Officer of TECO Energy with respect to other officers, based on the
participant’s total performance during the plan year. The actual award, as so adjusted, may not exceed 150 percent of the target award level and will be approved by the Compensation Committee.

 PLAN ADMINISTRATION 
 The Compensation Committee and the Chief Executive Officer of TECO Energy shall perform the respective functions set forth in this plan. The Compensation Committee may elect to
discharge its responsibility in the form of recommendations to the TECO Energy Board. The Chief Human Resources Officer of TECO Energy is responsible for administering the plan.

   
 
  
 OTHER CONSIDERATIONS
 
  For any year in which a participant’s employment is terminated or an officer first becomes eligible for participation in the plan, whether any incentive award shall be granted for that year and the amount of any such award shall be
determined by the Compensation Committee with respect to senior officers and by the Chief Executive Officer of TECO Energy with respect to other officers. Any such determination by the Chief Executive Officer will be reported to the Compensation
Committee at its next meeting.
 Notwithstanding the foregoing, for any year in which a participant’s employment terminates for any reason following a change in control of TECO Energy, as defined in the TECO
Energy 1996 Equity Incentive Plan (or its successor), such participant shall be entitled to receive an incentive award equal to (a) the number of days employed during that year divided by 365 multiplied by (b) the greater of (i) the
participant’s target award for the year in which the change in control occurred or (ii) the incentive award actually paid to the participant with respect to the year immediately preceding the year in which the termination of employment
occurred.Prepared by R.R. Donnelley Financial -- 2000 Non-employee Director Stock Option Plan

 Exhibit 10.4 
  
 KOSAN BIOSCIENCES INCORPORATED 
  
 2000 NON-EMPLOYEE DIRECTOR STOCK OPTION PLAN

  
 Amended as of May 23, 2002 
  
 1.  Purposes of the Plan.    The purposes of this 2000 Non-Employee Director Stock Option Plan are to attract and retain the best available personnel for service as
Outside Directors (as defined herein) of the Company, to provide additional incentive to the Outside Directors of the Company to serve as Directors, and to encourage their continued service on the Board. 
  
 All options granted hereunder shall be nonstatutory stock options. 
  
 2.  Definitions.    As used herein, the following definitions shall apply: 
  
 (a)  “Board” means the Board of Directors of the Company. 
  
 (b)  “Code” means the Internal Revenue Code of 1986, as amended. 
  
 (c)  “Committee” means a committee of the Board unless such committee is specifically excluded
by the Board. 
  
 (d)  “Common Stock” means the common stock of the
Company. 
  
 (e)  “Company” means Kosan Biosciences Incorporated, a
Delaware corporation. 
  
 (f)  “Director” means a member of the Board.

  
 (g)  “Disability” means total and permanent disability as defined in
section 22(e)(3) of the Code. 
  
 (h) “Employee” means any person, including
officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. The payment of a Director’s fee by the Company shall not be sufficient in and of itself to constitute “employment” by the Company.

  
 (i)  “Exchange Act” means the Securities Exchange Act of 1934, as
amended. 
  
 (j)  “Fair Market Value” means, as of any date, the value of
Common Stock determined as follows: 
  
 (i)  If the Common Stock is listed on any
established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall be the closing sales price for such stock (or the
closing bid, if no sales were reported) as quoted on such exchange or system for the last market trading day prior to the time of grant as reported in The Wall Street Journal or such other source as the Administrator deems reliable;

  
 (ii)  If the Common Stock is regularly quoted by a recognized securities dealer but
selling prices are not reported, the Fair Market Value of a Share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock for the last 
  

  
 market trading day prior to the time of grant, as reported in The Wall Street
Journal or such other source as the Board deems reliable; or 
  
 (iii)  In the absence
of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Board. 
  
 (k)  “Inside Director” means a Director who is an Employee. 
  
 (l)  “IPO Effective Date” means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company’s common stock as
effective. 
  
 (m)  “Option” means a stock option granted pursuant to the
Plan. 
  
 (n)  “Optioned Stock” means the Common Stock subject to an
Option. 
  
 (o)  “Optionee” means a Director who holds an Option.

  
 (p)  “Outside Director” means a Director who is not an Employee.

  
 (q)  “Parent” means a “parent corporation,” whether now or
hereafter existing, as defined in Section 424(e) of the Code. 
  
 (r)  “Plan” means this 2000 Non-Employee Director Stock Option Plan. 
  
 (s)  “Share” means a share of the Common Stock, as adjusted in accordance with Section 10 of the Plan. 
  
 (t) “Subsidiary” means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Internal Revenue Code of 1986. 

 
 3.  Stock Subject to the Plan.    Subject to the provisions of Section 10 of the Plan, the
maximum aggregate number of Shares which may be optioned and sold under the Plan is 300,000 Shares (the “Pool”), plus an annual increase to be added on January 1 of each year, beginning in 2001, equal to the lesser of (i) 150,000 shares,
(ii) .75% of the outstanding shares on such date, or (iii) a lesser amount determined by the Board. The Shares may be authorized, but unissued, or reacquired Common Stock. 
  
 If an Option expires or becomes unexercisable without having been exercised in full, the unpurchased Shares which were subject thereto shall become available for future
grant or sale under the Plan (unless the Plan has terminated). Shares that have actually been issued under the Plan shall not be returned to the Plan and shall not become available for future distribution under the Plan. 
  
 4.  Administration and Grants of Options under the Plan. 
  
 (a)  Procedure for Grants.    All grants of Options to Outside Directors under this Plan shall be automatic and
nondiscretionary and shall be made strictly in accordance with the following provisions: 

  
 (i)  No person shall have any discretion to select
which Outside Directors shall be granted Options or to determine the number of Shares to be covered by Options. 
  
 (ii)  Each Outside Director shall be automatically granted an Option to purchase 20,000 Shares (the “First Option”) on the date on which the later of the following events occurs: (A) the IPO Effective Date, or (B)
the date on which such person first becomes an Outside Director, whether through election by the stockholders of the Company or appointment by the Board to fill a vacancy; provided, however, that an Inside Director who ceases to be an Inside
Director but who remains a Director shall not receive a First Option. 
  
 (iii)  Each
Outside Director shall be automatically granted an Option to purchase 5,000 Shares (a “Subsequent Option”) each year on the day after the annual stockholders meeting provided he or she is then an Outside Director and if as of such date, he
or she shall have served on the Board for at least the preceding six (6) months. 
  
 (iv)  Each Outside Director who is a member of a Committee shall be automatically granted an Option to purchase 1,000 Shares (a “Committee Option”) each year on the day after the annual stockholders meeting
provided he or she is then an Outside Director. To the extent that an Outside Director serves on more than one Committee, the Outside Director shall receive a Committee Option for service on each such Committee. 
  
 (v)  Each Outside Director who is the chairman of a Committee shall be automatically granted an Option to
purchase 2,000 Shares (a “Chairman Option”) each year on the day after the annual stockholders meeting provided he or she is then an Outside Director. To the extent that an Outside Director is the chairman of more than one Committee, the
Outside Director shall receive a Chairman Option for service as chairman of each such Committee. 
  
 (vi)  Notwithstanding the provisions of subsections (ii), (iii), (iv) and (v) hereof, any exercise of an Option granted before the Company has obtained stockholder approval of the Plan in accordance with Section 16 hereof
shall be conditioned upon obtaining such stockholder approval of the Plan in accordance with Section 16 hereof. 
  
 (vii)  The terms of a First Option granted hereunder shall be as follows: 
  
 (A)  the term of the First Option shall be ten (10) years. 
  
 (B)  the First Option shall be exercisable only while the Outside Director remains a Director of the Company, except as set forth in Sections 8 and 10 hereof. 
  
 (C)  the exercise price per Share shall be 100% of the Fair Market Value per Share on the date of grant of the First Option. 

 
 (D)  subject to Section 10 hereof, the First Option shall become exercisable as to 25% percent of
the Shares subject to the First Option on each anniversary of its date of grant, provided that the Optionee continues to serve as a Director on such dates. 

  
 (viii)  The terms of a Subsequent Option granted
hereunder shall be as follows: 
  
 (A)  the term of the Subsequent Option shall be ten
(10) years. 
  
 (B)  the Subsequent Option shall be exercisable only while the Outside
Director remains a Director of the Company, except as set forth in Sections 8 and 10 hereof 
  
 (C)  the exercise price per Share shall be 100% of the Fair Market Value per Share on the date of grant of the Subsequent Option. 
  
 (D)  subject to Section 10 hereof, the Subsequent Option shall become exercisable as to 100% percent of the Shares subject to the Subsequent
Option on the day before the annual shareholders meeting first occurring after the date of grant of the Subsequent Option, provided that the Optionee continues to serve as a Director on such date. 
  
 (ix)  The terms of a Committee Option granted hereunder shall be as follows: 
  
 (A)  the term of the Committee Option shall be ten (10) years. 
  
 (B)  the Committee Option shall be exercisable only while the Outside Director remains a Director of the
Company, except as set forth in Sections 8 and 10 hereof 
  
 (C)  the exercise price per
Share shall be 100% of the Fair Market Value per Share on the date of grant of the Committee Option. 
  
 (D)  subject to Section 10 hereof, the Committee Option shall become exercisable as to 100% percent of the Shares subject to the Committee Option on the day before the annual shareholders meeting first occurring after the
date of grant of the Committee Option, provided that the Optionee continues to serve as a Director on such date 
  
 (x)  The terms of a Chairman Option granted hereunder shall be as follows: 
  
 (A)  the term of the Chairman Option shall be ten (10) years. 
  
 (B)  the Chairman Option shall be exercisable only while the Outside Director remains a Director of the Company, except as set forth in Sections 8 and 10 hereof 
  
 (C)  the exercise price per Share shall be 100% of the Fair Market Value per Share on the date of grant of the Chairman Option. 

  
 (D)  subject to Section 10 hereof, the Chairman Option
shall become exercisable as to 100% percent of the Shares subject to the Chairman Option on the day before the annual shareholders meeting first occurring after the date of grant of the Chairman Option, provided that the Optionee continues to serve
as a Director on such date 
  
 (xi)  In the event that any Option granted under the Plan
would cause the number of Shares subject to outstanding Options plus the number of Shares previously purchased under Options to exceed the Pool, then the remaining Shares available for Option grant shall be granted under Options to the Outside
Directors on a pro rata basis. No further grants shall be made until such time, if any, as additional Shares become available for grant under the Plan through action of the Board or the stockholders to increase the number of Shares which may be
issued under the Plan or through cancellation or expiration of Options previously granted hereunder. 
  
 5.  Eligibility.    Options may be granted only to Outside Directors. All Options shall be automatically granted in accordance with the terms set forth in Section 4 hereof. 

 
 The Plan shall not confer upon any Optionee any right with respect to continuation of service as a Director or nomination to
serve as a Director, nor shall it interfere in any way with any rights which the Director or the Company may have to terminate the Director’s relationship with the Company at any time. 
  
 6.  Term of Plan.    The Plan shall become effective upon the earlier to occur of its adoption by the Board or its approval by the
stockholders of the Company as described in Section 16 of the Plan. It shall continue in effect for a term of ten (10) years unless sooner terminated under Section 11 of the Plan. 
  
 7.  Form of Consideration.    The consideration to be paid for the Shares to be issued upon exercise of an Option, including the method
of payment, shall consist of (i) cash, (ii) check, (iii) other shares which (x) in the case of Shares acquired upon exercise of an option, have been owned by the Optionee for more than six (6) months on the date of surrender, and (y) have a Fair
Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which said Option shall be exercised, (iv) consideration received by the Company under a cashless exercise program implemented by the Company in
connection with the Plan, or (v) any combination of the foregoing methods of payment. 
  
 8.  Exercise
of Option. 
  
 (a)  Procedure for Exercise; Rights as a
Stockholder.    Any Option granted hereunder shall be exercisable at such times as are set forth in Section 4 hereof; provided, however, that no Options shall be exercisable until stockholder approval of the Plan in
accordance with Section 16 hereof has been obtained. 
  
 An Option may not be exercised for a
fraction of a Share. 
  
 An Option shall be deemed to be exercised when written notice of such
exercise has been given to the Company in accordance with the terms of the Option by the person 

 entitled to exercise the Option and full payment for the Shares with respect to which the Option is exercised has been
received by the Company. Full payment may consist of any consideration and method of payment allowable under Section 7 of the Plan. Until the issuance (as evidenced by the appropriate entry on the books of the Company or of a duly authorized
transfer agent of the Company) of the stock certificate evidencing such Shares, no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. A
share certificate for the number of Shares so acquired shall be issued to the Optionee as soon as practicable after exercise of the Option. No adjustment shall be made for a dividend or other right for which the record date is prior to the date the
stock certificate is issued, except as provided in Section 10 of the Plan. 
  
 Exercise of an Option
in any manner shall result in a decrease in the number of Shares which thereafter may be available, both for purposes of the Plan and for sale under the Option, by the number of Shares as to which the Option is exercised. 
  
 (b)  Termination of Continuous Status as a Director.    Subject to Section 10 hereof,
in the event an Optionee’s status as a Director terminates (other than upon the Optionee’s death or Disability), the Optionee may exercise his or her Option, but only within three (3) months following the date of such termination, and only
to the extent that the Optionee was entitled to exercise it on the date of such termination (but in no event later than the expiration of its ten (10) year term). To the extent that the Optionee was not entitled to exercise an Option on the date of
such termination, and to the extent that the Optionee does not exercise such Option (to the extent otherwise so entitled) within the time specified herein, the Option shall terminate. 
  
 (c)  Disability of Optionee.    In the event Optionee’s status as a Director terminates as a result of Disability,
the Optionee may exercise his or her Option, but only within twelve (12) months following the date of such termination, and only to the extent that the Optionee was entitled to exercise it on the date of such termination (but in no event later than
the expiration of its ten (10) year term). To the extent that the Optionee was not entitled to exercise an Option on the date of termination, or if he or she does not exercise such Option (to the extent otherwise so entitled) within the time
specified herein, the Option shall terminate. 
  
 (d)  Death of
Optionee.    In the event of an Optionee’s death, the Optionee’s estate or a person who acquired the right to exercise the Option by bequest or inheritance may exercise the Option, but only within twelve (12) months
following the date of death, and only to the extent that the Optionee was entitled to exercise it on the date of death (but in no event later than the expiration of its ten (10) year term). To the extent that the Optionee was not entitled to
exercise an Option on the date of death, and to the extent that the Optionee’s estate or a person who acquired the right to exercise such Option does not exercise such Option (to the extent otherwise so entitled) within the time specified
herein, the Option shall terminate. 
  
 9.  Non-Transferability of
Options.    The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the
Optionee, only by the Optionee. 

  
 10.  Adjustments Upon Changes in Capitalization, Dissolution, Merger
or Asset Sale. 
  
 (a)  Changes in
Capitalization.    Subject to any required action by the stockholders of the Company, the number of Shares covered by each outstanding Option, the number of Shares which have been authorized for issuance under the Plan but as
to which no Options have yet been granted or which have been returned to the Plan upon cancellation or expiration of an Option, as well as the price per Share covered by each such outstanding Option, and the number of Shares issuable pursuant to the
automatic grant provisions of Section 4 hereof shall be proportionately adjusted for any increase or decrease in the number of issued Shares resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the
Common Stock, or any other increase or decrease in the number of issued Shares effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been
“effected without receipt of consideration.” Except as expressly provided herein, no issuance by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by
reason thereof shall be made with respect to, the number or price of Shares subject to an Option. 
  
 (b)  Dissolution or Liquidation.    In the event of the proposed dissolution or liquidation of the Company, to the extent that an Option has not been previously exercised, it shall terminate
immediately prior to the consummation of such proposed action. 
  
 (c)  Merger or Asset
Sale.    In the event of a merger of the Company with or into another corporation or the sale of substantially all of the assets of the Company, outstanding Options may be assumed or equivalent options may be substituted by
the successor corporation or a Parent or Subsidiary thereof (the “Successor Corporation”). If an Option is assumed or substituted for, the Option or equivalent option shall continue to be exercisable as provided in Section 4 hereof for so
long as the Optionee serves as a Director or a director of the Successor Corporation. Following such assumption or substitution, if the Optionee’s status as a Director or director of the Successor Corporation, as applicable, is terminated other
than upon a voluntary resignation by the Optionee, the Option or option shall become fully exercisable, including as to Shares for which it would not otherwise be exercisable. Thereafter, the Option or option shall remain exercisable in accordance
with Sections 8(b) through (d) above. 
  
 If the Successor Corporation does not assume an outstanding Option or
substitute for it an equivalent option, the Option shall become fully vested and exercisable, including as to Shares for which it would not otherwise be exercisable. In such event the Board shall notify the Optionee that the Option shall be fully
exercisable for a period of thirty (30) days from the date of such notice, and upon the expiration of such period the Option shall terminate. 
  
 For the purposes of this Section 10(c), an Option shall be considered assumed if, following the merger or sale of assets, the Option confers the right to purchase or receive, for each Share of Optioned
Stock subject to the Option immediately prior to the merger or sale of assets, the consideration (whether stock, cash, or other securities or property) received in the merger or sale of assets by holders of Common Stock for each Share held on the
effective date of the transaction (and if holders were offered a choice of consideration, the type of consideration 
 

 chosen by the holders of a majority of the outstanding Shares). If such consideration received in the merger or sale of assets is not solely
common stock of the successor corporation or its Parent, the Administrator may, with the consent of the successor corporation, provide for the consideration to be received upon the exercise of the Option, for each Share of Optioned Stock subject to
the Option, to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the merger or sale of assets. 
  
 11.  Amendment and Termination of the Plan. 
  
 (a)  Amendment and Termination.    The Board may at any time amend, alter, suspend, or discontinue the Plan, but no
amendment, alteration, suspension, or discontinuation shall be made which would impair the rights of any Optionee under any grant theretofore made, without his or her consent. In addition, to the extent necessary and desirable to comply with any
applicable law, regulation or stock exchange rule, the Company shall obtain stockholder approval of any Plan amendment in such a manner and to such a degree as required. 
  
 (b)  Effect of Amendment or Termination.    Any such amendment or termination of the Plan shall not affect Options
already granted and such Options shall remain in full force and effect as if this Plan had not been amended or terminated. 
  
 12.  Time of Granting Options.    The date of grant of an Option shall, for all purposes, be the date determined in accordance with Section 4 hereof. 
  
 13.  Conditions Upon Issuance of Shares.    Shares shall not be issued pursuant to the exercise of an
Option unless the exercise of such Option and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act of 1933, as amended, the Exchange Act, the
rules and regulations promulgated thereunder, state securities laws, and the requirements of any stock exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such
compliance. 
  
 As a condition to the exercise of an Option, the Company may require the person exercising such
Option to represent and warrant at the time of any such exercise that the Shares are being purchased 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 by any of the aforementioned relevant provisions of law. 
  
 Inability of the Company to
obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of
the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. 
 

  
 14.  Reservation of Shares.    The Company,
during the term of this Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. 
  
 15.  Option Agreement.    Options shall be evidenced by written option agreements in such form as the Board shall approve. 
  
 16.  Stockholder Approval.    The Plan shall be subject to approval by the stockholders of the
Company within twelve (12) months after the date the Plan is adopted. Such stockholder approval shall be obtained in the degree and manner required under applicable state and federal law and any stock exchange rules.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00042-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00042-of-00352.parquet"}]]