Document:

Exhibit 44

		
			Exhibit 4.4
		

		
			 
		

		
			DESCRIPTION OF SECURITIES
		

		
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			The following is a summary of the material terms of the capital stock of Bluegreen Vacations Holding Corporation (the “Company,” “we,” “us” or “our”). The following summary does not purport to be complete and is subject to, and qualified in its entirety by reference to, our Amended and Restated Articles of Incorporation, as amended, and our Bylaws, as amended, each of which is included as an exhibit to our Annual Report on Form 10-K. The terms of our capital stock may also be affected by Florida law.
		

		
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			Authorized Capital Stock; Shares Issued and Outstanding
		

		
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			Under our Amended and Restated Articles of Incorporation, our authorized capital stock consists of 30,000,000 shares of Class A Common Stock, par value $0.01 per share, 5,000,000 shares of Class B Common Stock, par value $0.01 per share, and 10,000,000 shares of preferred stock, par value $0.01 per share. As of March 2,  2022, approximately 17,794,967 shares of our Class A Common Stock and 3,664,311 shares of our Class B Common Stock were issued and outstanding. We do not have any outstanding shares of preferred stock.
		

		
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			Class A Common Stock and Class B Common Stock
		

		
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			Voting Rights
		

		
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			Except as provided by Florida law or as specifically provided in our Amended and Restated Articles of Incorporation, holders of our Class A Common Stock and Class B Common Stock vote as a single group on matters presented to them for a shareholder vote. With respect to each such matter, each share of our Class A Common Stock is entitled to one vote, with all of the shares of Class A Common Stock representing in the aggregate 22% of the total voting power of our Class A Common Stock and Class B Common Stock, and each share of our Class B Common Stock is entitled to the number of votes per share so that all of the shares of Class B Common Stock will represent in the aggregate 78% of the total voting power of our Class A Common Stock and Class B Common Stock. These fixed voting percentages will remain in effect until the total number of outstanding shares of our Class B Common Stock falls below 360,000 shares. If the total number of outstanding shares of our Class B Common Stock is less than 360,000 shares but greater than 280,000 shares, then our Class A Common Stock will hold a voting percentage equal to 40% and our Class B Common Stock will hold a voting percentage equal to the remaining 60%. If the total number of outstanding shares of our Class B Common Stock is less than 280,000 shares but greater than 100,000 shares, then our Class A Common Stock will hold a voting percentage equal to 53% and our Class B Common Stock will hold a voting percentage equal to the remaining 47%. If the total number of outstanding shares of our Class B Common Stock is less than 100,000 shares, then each share of our Class A Common Stock and Class B Common Stock will be entitled to one vote on each matter presented to a vote of our shareholders. Each of the above-described share thresholds will be ratably adjusted in connection with any stock split, reverse stock split or similar transaction effected by us.
		

		
			 
		

		
			Under Florida law, holders of our Class A Common Stock are entitled to vote as a separate voting group on amendments to our Amended and Restated Articles of Incorporation which require the approval of our shareholders under Florida law and would:
		

		
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			effect an exchange or reclassification of all or part of the shares of our Class A Common Stock into shares of another class;

			
	
			
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			effect an exchange or reclassification, or create a right of exchange, of all or part of the shares of another class into shares of our Class A Common Stock;

			
	
			
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			change the designation, rights, preferences, or limitations of all or part of the shares of our Class A Common Stock;

			
	
			
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			change all or part of the shares of our Class A Common Stock into a different number of shares of Class A Common Stock;

			
	
			
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			create a new class of shares which have rights or preferences with respect to distributions or to dissolution that are prior or superior to our Class A Common Stock;

		 

 

			
	
			
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			increase the rights, preferences or number of authorized shares of any class that, after giving effect to the amendment, have rights or preferences with respect to distributions or to dissolution that are prior or superior to our Class A Common Stock;

			
	
			
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			limit or deny any existing preemptive right of all or part of the shares of our Class A Common Stock; or

			
	
			
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			cancel or otherwise affect rights to distributions or dividends that have accumulated but not yet been declared on all or part of the shares of our Class A Common Stock.

		
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			However, if a proposed amendment that would otherwise entitle the holders of our Class A Common Stock to vote as a separate voting group as a result of the amendment having one of the effects described above would affect the holders of our Class B Common Stock or any of our other securities outstanding from time to time in the same or substantially similar way, then the holders of our Class A Common Stock will not be entitled to vote as a separate voting group on the proposed amendment but instead will vote together with the other similarly affected shareholders as a single voting group on the amendment.
		

		
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			Under Florida law, holders of our Class B Common Stock are entitled to vote as a separate voting group on any amendment to our Amended and Restated Articles of Incorporation which requires the approval of our shareholders under Florida law and would affect the rights of the holders of our Class B Common Stock in substantially the same manner as described above with respect to our Class A Common Stock. Holders of our Class A Common Stock and Class B Common Stock are also entitled to vote as a separate voting group on any plan of merger or plan of share exchange that requires the approval of our shareholders under Florida law and contains a provision which, if included in a proposed amendment to our Amended and Restated Articles of Incorporation, would require their vote as a separate voting group.
		

		
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			In addition to the rights afforded to our shareholders under Florida law, our Amended and Restated Articles of Incorporation provide that the approval of the holders of our Class B Common Stock, voting as a separate voting group, is required before any of the following actions may be taken:
		

		
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			the issuance of any additional shares of our Class B Common Stock, other than a stock dividend issued to holders of our Class B Common Stock;

			
	
			
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			a reduction in the number of outstanding shares of our Class B Common Stock, except for any reduction by virtue of a conversion of shares of our Class B Common Stock into shares of our Class A Common Stock or a voluntary disposition to us; or

			
	
			
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			any amendments of the voting rights provisions of our Amended and Restated Articles of Incorporation.

		
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			Our Amended and Restated Articles of Incorporation do not provide for cumulative voting on the election of directors.
		

		
			 
		

		
			Convertibility
		

		
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			Under our Amended and Restated Articles of Incorporation, holders of our Class B Common Stock possess the right, at any time, to convert any or all of their shares of our Class B Common Stock into shares of our Class A Common Stock on a share-for-share basis. Our Class A Common Stock is not convertible into any other class or series of our securities.
		

		
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			Dividends and Other Distributions
		

		
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			Holders of our Class A Common Stock and Class B Common Stock are entitled to receive cash dividends, when and as declared by our Board of Directors out of legally available assets, subject to preferences that may apply to any shares of our preferred stock outstanding from time to time. Any distribution per share with respect to our Class A Common Stock must be identical to the distribution per share with respect to our Class B Common Stock, except that a stock dividend or other non-cash distribution to holders of our Class A Common Stock may be declared and issued in the form of Class A Common Stock while a dividend or other non-cash distribution to holders of our Class B Common Stock may be declared and issued in the form of either Class A Common Stock or Class B Common Stock.
		

		
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		Liquidation Rights
		

		
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			Upon any liquidation, the assets legally available for distribution to our shareholders after payment of liabilities and any liquidation preference of any shares of our preferred stock outstanding from time to time will be distributed ratably among the holders of our Class A Common Stock and Class B Common Stock.
		

		
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			Fully Paid and Non-Assessable
		

		
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			All outstanding shares of our Class A Common Stock and Class B Common Stock are fully paid and non-assessable.
		

		
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			No Preemptive Rights, Redemption Rights or Sinking Fund Provision
		

		
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			The holders of our Class A Common Stock and Class B Common Stock have no preemptive rights, and our Class A Common Stock and Class B Common Stock is not subject to any redemption or sinking fund provisions.
		

		
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			Additional Shares of Common Stock
		

		
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			We may issue additional authorized shares of our Class A Common Stock or Class B Common Stock as authorized by our Board of Directors from time to time, without shareholder approval, subject to any limitations imposed by applicable national securities exchange rules.
		

		
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			Transfer Agent and Registrar
		

		
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			The transfer agent and registrar for our Class A Common Stock and Class B Common Stock is American Stock Transfer & Trust Company, LLC.
		

		
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			Listing
		

		
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			Our Class A Common Stock is listed for trading on the New York Stock Exchange under the ticker symbol “BVH.” Our Class B Common Stock is traded on the OTCQX market under the trading symbol “BVHBB.”  
		

		
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			Preferred Stock
		

		
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			Under our Amended and Restated Articles of Incorporation, and as permitted by Florida law, our Board of Directors may authorize the issuance of preferred stock in one or more series, establish from time to time the number of shares to be included in each series and fix the designation, powers, preferences and rights of the shares of each series and any of its qualifications, limitations or restrictions, in each case, without vote or action by our shareholders except to the extent required by applicable national securities exchange rules. These rights, preferences and privileges could include dividend rights, conversion rights, voting rights, terms of redemption and liquidation preferences, any or all of which may be greater than the rights of our Class A Common Stock or Class B Common Stock or otherwise adversely affect the voting power or other rights of the holders of our Class A Common Stock or Class B Common Stock, including the likelihood that holders of our Class A Common Stock or Class B Common Stock would receive dividend payments and payments on liquidation, or the amounts thereof. The issuance of preferred stock, while providing flexibility in connection with possible acquisitions, financing transactions and other corporate purposes, could also, among other things, have the effect of delaying, deferring or preventing a change in control or other corporate actions, and might adversely affect the market price of our Class A Common Stock or Class B Common Stock.
		

		
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			Certain Anti-Takeover Effects
		

		
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			The terms of our Class A Common Stock and Class B Common Stock will make the sale or transfer of control of our Company or the removal of our directors unlikely without the concurrence of the holders of our Class B Common Stock. In addition, the sale or transfer of control of our Company or the removal of our directors will be impossible without the consent of Alan B. Levan, John E. Abdo, Jarett S. Levan and Seth M. Wise so long as they 
		

		 

 

		own shares of our Class A Common Stock and Class B Common Stock representing a majority of our total voting power.
		

		
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			Our Amended and Restated Articles of Incorporation and Bylaws also contain other provisions that may discourage, delay or prevent a merger, acquisition or other change in control. These provisions include those which permit our Board of Directors to establish the number of directors and fill any vacancies and newly created directorships and specify advance notice procedures that must be complied with by shareholders in order to make shareholder proposals or nominate directors. 
		

		
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			In addition, the authorized but unissued shares of our common stock and preferred stock are available for future issuance without shareholder approval, subject to any limitations imposed by applicable national securities exchange rules. These additional shares may be used for a variety of corporate finance transactions, acquisitions and employee benefit plans. The existence of authorized but unissued common stock and preferred stock (and our Board of Directors’ authority to establish the rights, preferences and limitation of the preferred stock, as described above) could make more difficult or discourage an attempt to obtain control of us by means of a proxy contest, tender offer, merger or otherwise. Preferred stock may also be issued, or reserved for issuance, in connection with the adoption of a shareholder rights plan, which may have anti-takeover effects.  A shareholder rights plan may be adopted by our Board of Directors without shareholder approval or consent. 
		

		
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			As a Florida corporation, we are also subject to the provisions of Florida law, including those limiting the voting rights of “control shares.” Under Florida law, subject to certain exceptions, including mergers and acquisitions effected in accordance with Florida law, the holder of  “control shares” of a Florida corporation that has (i) 100 or more shareholders, (ii) its principal place of business, its principal office or substantial assets in Florida and (iii) either more than 10% of its shareholders residing in Florida, more than 10% of its shares owned by Florida residents or 1,000 shareholders residing in Florida, will not have the right to vote those shares unless the acquisition of the shares was approved by a majority of each class of voting securities of the corporation, excluding those shares held by interested persons. “Control shares” are defined as shares acquired by a person, either directly or indirectly, that when added to all other shares of the issuing corporation owned by that person, would entitle that person to exercise, either directly or indirectly, voting power within any of the following ranges: (i) 20% or more but less than 33% of all voting power of the corporation’s voting securities; (ii) 33% or more but less than a majority of all voting power of the corporation’s voting securities; or (iii) a majority or more of all of the voting power of the corporation’s voting securities.
		

		
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			Exclusive Forum Provision
		

		
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			Our Bylaws  contain an exclusive forum provision which provides that, unless our Board of Directors consents to the selection of an alternative forum, the Circuit Court located in Broward County, Florida (or, if such Circuit Court does not have jurisdiction, another Circuit Court located within Florida or, if no Circuit Court located within Florida has jurisdiction, the federal district court for the Southern District of Florida) shall be the sole and exclusive forum for “Covered Proceedings,” which include: (i) any derivative action or proceeding brought on our behalf; (ii) any action asserting a claim of breach of a fiduciary duty owed by any of our directors, officers or other employees to us or our shareholders; (iii) any action asserting a claim against us or any of our directors, officers or other employees arising pursuant to any provision of the Florida Business Corporation Act, or our Amended and Restated Articles of Incorporation or Bylaws (in each case, as may be amended or amended and restated from time to time); and (iv) any action asserting a claim against us or any of our directors, officers or other employees governed by the internal affairs doctrine of the State of Florida. To the extent within the categories set forth in the preceding sentence, Covered Proceedings include causes of action under the Exchange Act and the Securities Act. The exclusive forum provision will also provide that if any Covered Proceeding is filed in a court other than a court located within Florida in the name of any shareholder, then such shareholder shall be deemed to have consented to (a) the personal jurisdiction of the state and federal courts located within Florida in connection with any action brought in any such court to enforce the exclusive forum provision and (b) having service of process made upon such shareholder in any such enforcement action by service upon such shareholder’s counsel in the action as agent for such shareholder. Notwithstanding the foregoing, shareholders cannot waive compliance with the federal securities laws and the rules and regulations thereunder.
		

		
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		The exclusive forum provision may limit a shareholder’s ability to bring a claim in a judicial forum that it finds favorable for disputes with us or our directors, officers or other employees or be cost-prohibitive to shareholders, which may discourage such lawsuits against us and our directors, officers and other employees. However, there is uncertainty regarding whether a court would enforce the exclusive forum provision. If a court were to find the exclusive forum provision to be inapplicable or unenforceable in an action, we may incur additional costs associated with resolving such action in other jurisdictions, which could adversely affect our financial condition and operating results.
		

		
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			Limitation on Liability and Indemnification of Directors and Officers
		

		
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			Florida law generally provides that a director of a Florida corporation is not personally liable for monetary damages to the corporation or any other person for any statement, vote, decision or failure to act regarding corporate management or policy, unless the director breached or failed to perform his or her duties as a director and the director’s breach of or failure to perform those duties constitutes (i) a violation of criminal law, unless the director had reasonable cause to believe his conduct was lawful or had no reasonable cause to believe his conduct was unlawful, (ii) a transaction from which the director derived an improper personal benefit, either directly or indirectly, (iii) an unlawful distribution, (iv) in a proceeding by or in the right of the corporation or in the right of a shareholder, conscious disregard for the best interest of the corporation or willful misconduct, or (v) in a proceeding by or in the right of someone other than the corporation or a shareholder, recklessness or an act or omission which was committed in bad faith or with malicious purpose or in a manner exhibiting wanton and willful disregard of human rights, safety or property.
		

		
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			In addition, Florida law provides that a Florida corporation has the power to (i) indemnify any person who was or is a party to any proceeding (other than an action by, or in the right of, the corporation), because he or she was a director, officer, employee or agent of the corporation or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against liability incurred in connection with such proceeding, including any appeal thereof, if he or she acted in good faith and in a manner he or she reasonably believed to be in, or not opposed to, the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe his or her conduct was unlawful, and (ii) indemnify any person who was or is a party to any proceeding by or in the right of the corporation to procure a judgment in its favor because that person is or was a director, officer, employee or agent of the corporation or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust, or other enterprise, against expenses and amounts paid in settlement not exceeding, in the judgment of the board of directors of the corporation, the estimated expense of litigating the proceeding to conclusion, actually and reasonably incurred in connection with the defense or settlement of such proceeding, including any appeal thereof. Indemnification under clause (ii) of the preceding sentence is authorized if such person acted in good faith and in a manner he or she reasonably believed to be in, or not opposed to, the best interests of the corporation, except that no indemnification with regard to a proceeding by or in the right of the corporation is to be made in respect of any claim, issue or matter as to which such person has been found liable unless, and only to the extent that, the court in which the proceeding was brought, or any other court of competent jurisdiction, determines upon application that, despite the adjudication of liability but in view of all circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which such court shall deem proper.
		

		
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			Further, under Florida law, to the extent that a director, officer, employee or agent of a Florida corporation has been successful on the merits or otherwise in defense of any proceeding referred to in the preceding paragraph, or in defense of any claim, issue or matter therein, he or she shall be indemnified against expenses actually and reasonably incurred by him or her in connection therewith.
		

		
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			Our Amended and Restated Articles of Incorporation and Bylaws contain indemnification provisions substantially similar to the above-described provisions of Florida law. In addition, we carry insurance permitted by Florida law for our directors, officers, employees and agents which covers alleged or actual error or omission, misstatement, misleading misstatement, neglect or breach of fiduciary duty while acting in such capacities on our behalf, which acts may include liabilities under the Securities Act.
		

		
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			﻿Exhibit 10.1

 

OPTIMIZERX CORPORATION

2022 CASH BONUS PLAN

 

	 	1.	BACKGROUND AND PURPOSE

 

OptimizeRx Corporation, a Nevada corporation,
hereby adopts the 2022 Cash Bonus Plan (the “Plan”), effective as provided in Paragraph 10. The purpose of the Plan is to
align officers’ and other employees’ efforts with the strategic goals of the Company through competitive annual incentive
opportunities.

 

	 	2.	DEFINITIONS

 

Under the Plan, except where the context otherwise
indicates, the following definitions apply:

 

(a) “Affiliate”
means, with respect to any Person, any other person that, directly or indirectly, is in control of, is controlled by, or is under common
control with, such Person. For purposes of this definition, the term “control,” including its correlative terms “controlled
by” and “under common control with,” mean, with respect to any Person, the possession, directly or indirectly, of the
power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities,
by contract or otherwise.

 

(b) “Award”
means a cash bonus award granted under the Plan. Except as otherwise provided by the Committee, an Award shall be expressed as the percentage
of a Participant’s base salary payable for a Plan Year that shall become payable if the Targets established by the Committee are
satisfied. The portion of an Award that shall be payable to a Participant shall be determined by the Committee in accordance with the
rules established for the Award for each Plan Year.

 

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

 

(d) “Change
in Control” means:

 

(i) Except
as provided in Paragraph 2(d)(ii), “Change in Control” means (A) a change within a twelve-month period in the holders of more
than 50% of the outstanding voting stock of the Company; or (B) any other events deemed to constitute a “change in control”
by the Committee.

 

(ii) With
respect to the distribution of amounts subject to an Award that constitute “deferred compensation” (within the meaning of
Section 409A), the term “Change in Control” shall mean any transaction or series of transactions that constitutes a change
in the ownership or effective control or a change in the ownership of a substantial portion of the assets of the Company, within the meaning
of Section 409A.

 

(e) “Committee”
means the Compensation Committee of the Board, provided that all references to the Committee shall be treated as references to the Committee’s
delegate with respect to any Award granted within the scope of the delegate’s authority pursuant to Paragraph 3(e).

 

(f) “Company”
means OptimizeRx Corporation, a Nevada corporation, including any successor thereto by merger, consolidation, acquisition of all or substantially
all the assets thereof, or otherwise.

 

(g) “Date
of Grant” means the date on which an Award is granted.

 

(h) “Disability”
means:

 

(i) A
Participant’s substantial inability to perform the Participant’s employment duties due to partial or total disability or incapacity
resulting from a mental or physical illness, injury or other health-related cause for a period of twelve (12) consecutive months or for
a cumulative period of fifty-two (52) weeks in any twenty-four (24) consecutive-month period; or

 

(ii) If
more favorable to the Participant, “Disability” as it may be defined in such Participant’s employment agreement between
the Participant and the Company or an Affiliate, if any.

 

     

     

    

 

(i) “Eligible
Employee” means an employee of the Company or an Affiliate, as determined by the Committee.

 

(j) “Participant”
means an Eligible Employee who is granted an Award.

 

(k) “Person”
means an individual, a corporation, a partnership, an association, a trust or any other entity or organization.

 

(l) “Plan”
means this 2022 Cash Bonus Plan as set forth herein, and as amended from time to time.

 

(m) “Plan
Year” means the Company’s fiscal year.

 

(n) “Qualitative
Performance Standards” means performance standards other than Quantitative Performance Standards, including but not limited
to customer service, management effectiveness, workforce diversity and other Qualitative Performance Standards relevant to the Company’s
business, as may be established by the Committee, and the achievement of which shall be determined in the discretion of the Committee.

 

(o) “Quantitative
Performance Standards” means performance standards such as (a) income; (b) expense; (c) operating cash flow; (d) capital
spending; (e) total shareholder return, (f) gross margin; (g) growth in revenues, sales, market share, gross income, net income, pre-tax
income, stock price, and/or earnings per share, return on assets, net assets, and/or capital, working capital, free cash flow and/or after
tax cash flow, earnings before interest and taxes (EBIT), earnings before interest, taxes, depreciation, and amortization (EBITDA); (h)
EBITDA plus stock compensation; (i) return on shareholders’ equity, return on invested capital (j) economic or shareholder value
added, acquisition of assets, (k) acquisition of companies; (l) creation of new joint ventures; (m) growth in new products; (n) lower
product acquisition costs and/or improvements in costs and/or expenses, (o) stock price hurdles; and (p) other objective financial or
service-based standards relevant to the Company’s business as may be established by the Committee. The performance standards may
be measured relative to a peer group, an index or a business plan and may be considered as absolute measures or changes in measures, relative
to a pre-established target or to a previous year’s results, in each case as specified by the Committee.

 

(p) “Section
16(b) Officer” means an officer of the Company who is subject to the short-swing profit recapture rules of Section 16(b) of
the 1934 Act.

 

(q) “Target”
means, for any Plan Year, the Qualitative Performance Standards and the Quantitative Performance Standards established by the Committee,
in its discretion. Qualitative Performance Standards, Quantitative Performance Standards and the weighting of such Standards may differ
from Plan Year to Plan Year, and within a Plan Year, may differ among Participants or classes of Participants.

 

(r) “Terminating
Event” means any of the following events:

 

(i) the
liquidation of the Company; or

 

(ii) a
Change in Control.

 

	 	3.	ADMINISTRATION OF THE PLAN

 

(a) Administration.
The Plan shall be administered by the Committee. The Committee shall have the power and duty to do all things necessary or convenient
to affect the intent and purposes of the Plan and not inconsistent with any of the provisions hereof, whether or not such powers and duties
are specifically set forth herein, and, by way of amplification and not limitation of the foregoing, the Committee shall have the power
to:

 

(i) provide
rules and regulations for the management, operation and administration of the Plan, and, from time to time, to amend or supplement such
rules and regulations;

 

(ii) construe
the Plan, which construction, as long as made in good faith, shall be final and conclusive upon all parties hereto;

 

(iii) correct
any defect, supply any omission, or reconcile any inconsistency in the Plan in such manner and to such extent as it shall deem expedient
to carry the same into effect, and it shall be the sole and final judge of when such action shall be appropriate; and

 

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(iv) determine
whether the conditions to the payment of a cash bonus pursuant to an Award have been satisfied.

 

The resolution of any questions with respect
to payments and entitlements pursuant to the provisions of the Plan shall be determined by the Committee, and all such determinations
shall be final and conclusive.

 

(b) Grants.
Subject to the express terms and conditions set forth in the Plan, the Committee shall have the power, from time to time, to select those
Eligible Employees to whom Awards shall be granted under the Plan, to determine the amount of cash to be paid pursuant to each Award,
and, pursuant to the provisions of the Plan, to determine the terms and conditions of each Award.

 

(c) Exculpation.
No member of the Committee shall be personally liable for monetary damages for any action taken or any failure to take any action in connection
with the administration of the Plan or the granting of Awards thereunder unless (i) the member of the Committee has breached or failed
to perform the duties of the office, and (ii) the breach or failure to perform constitutes self-dealing, willful misconduct or recklessness;
provided, however, that the provisions of this Paragraph 3(c) shall not apply to the responsibility or liability of a member of the Committee
pursuant to any criminal statute.

 

(d) Indemnification.
Service on the Committee shall constitute service as a member of the Board. Each member of the Committee shall be entitled without further
act on the member’s part to indemnity from the Company to the fullest extent provided by applicable law and the Company’ s
Articles of Incorporation and Bylaws in connection with or arising out of any action, suit or proceeding with respect to the administration
of the Plan or the granting of Awards thereunder in which the person may be involved by reason of the person’s being or having been
a member of the Committee, whether or not the person continues to be such member of the Committee at the time of the action, suit or proceeding.

 

(e) Delegation
of Authority. The Committee may delegate its authority with respect to the grant, amendment, interpretation and administration of
Awards, other than Awards to Section 16(b) Officers, to a person, persons or committee, in its sole and absolute discretion. Actions taken
by the Committee’s duly-authorized delegate shall have the same force and effect as actions taken by the Committee. Any delegation
of authority pursuant to this Paragraph 3(e) shall continue in effect until the earliest of:

 

(i) such
time as the Committee shall, in its sole and absolute discretion, revoke such delegation of authority;

 

(ii) in
the case of delegation to a person that is conditioned on such person’s continued service as an employee of the Company or as a
member of the Board, the date such delegate shall cease to serve in such capacity for any reason; or

 

(iii) the
delegate shall notify the Committee that he or she declines to continue to exercise such authority.

 

(f) Participant
Information. The Company shall furnish to the Committee in writing all Participant information the Company deems appropriate for the
Committee to exercise its powers and duties in administration of the Plan. Such information shall be conclusive for all purposes of the
Plan and the Committee shall be entitled to rely thereon without any investigation thereof; provided, however, that the Committee may
correct any errors discovered in any such information.

 

	 	4.	ELIGIBILITY

 

Awards may be granted only to Eligible Employees
of the Company and its Affiliates, as determined by the Committee. No Awards shall be granted to an individual who is not an Eligible
Employee of the Company or an Affiliate of the Company.

 

	 	5.	AWARDS

 

The Committee may grant Awards in accordance
with the Plan. The terms and conditions of Awards shall be as determined from time to time by the Committee, consistent, however, with
the following:

 

(a) Time
of Grant. Awards may be granted at any time from the date of adoption of the Plan by the Committee until the Plan is terminated by
the Board or the Committee.

 

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(b) Non-uniformity of
Awards. The provisions of Awards need not be the same with respect to each Participant.

 

(c) Establishment
of Targets and Conditions to Payment of Awards.

 

(i) Except
as otherwise provided by the Committee, Awards shall be expressed as a percentage of a Participant’s base salary.

 

(ii) The
Committee shall establish such conditions on the payment of a bonus pursuant to an Award as it may, in its sole discretion, deem appropriate.

 

(iii) The
Award may provide for the payment of Awards in installments, or upon the satisfaction of Qualitative Performance Standards or Quantitative
Performance Standards, on an individual, divisional or Company-wide basis, as determined by the Committee.

 

(iv) Each
Participant shall be entitled to receive payment of the Award for a Plan Year only after certification by the Committee that the Targets
associated with the Award as established by the Committee for such Plan Year have been satisfied. Final payments with respect to Awards
will vary based on the level of achievement measured against the pre-determined performance measures.

 

(v) Except
as provided in Paragraph 5(e)(ii) or as may be approved by the Committee, each Participant must be employed full-time on the date of payment
to receive the amount earned under the Award. Except as otherwise provided by the Committee, Awards shall be paid on or before March 15th
following the end of the Plan Year in which payment under the Award is earned.

 

(vi) For
purposes of calculating whether any Quantitative Performance Standard has been met, the following effects may be eliminated: (i) extraordinary,
unusual, and/or nonrecurring items of gain or loss; (ii) gains or losses on the disposition of a business; (iii) dividends declared
on the Company’s stock; (iv) changes in tax or accounting principles, regulations or laws; (v) expenses incurred in connection
with a merger, acquisition or similar transaction; or (vi) such other effects that the Committee may approve to be eliminated.

 

(vii) Notwithstanding
the determination of the amount payable to a Participant under an Award with respect to any Plan Year under the Plan, the Committee shall
have the discretion to reduce or eliminate he amount otherwise payable to a Participant if it determines that such a reduction or elimination
of the amount payable is in the best interests of the Company.

 

(e) Transfer
and Termination of Participant’s Employment.

 

(i) Transfer
of Employment. A transfer of an Eligible Employee between two employers, each of which is the Company or an Affiliate of the Company
(a “Transfer”), shall not be deemed a termination of employment. The Committee may grant Awards pursuant to which the Committee
reserves the right to modify the calculation of an Award in connection with a Transfer. In general, except as otherwise provided by the
Committee at the time an Award is granted or in connection with a Transfer, upon the Transfer of a Participant between Affiliates or divisions
while an Award is outstanding and unexpired, the outstanding Award shall be treated as having terminated and expired, and a new Award
shall be treated as having been made, effective as of the effective date of the Transfer, for the portion of the Award which had not expired
or been paid, but subject to the performance and payment conditions applicable generally to Awards for Participants who are employees
of the transferee Affiliate or division, all as shall be determined by the Committee in an equitable manner.

 

(ii) Termination
of Employment. The Committee, in its sole and absolute discretion and to the extent permitted under and in accordance with Section 409A,
may, but is not required to, make a full or pro-rated payment to a Participant for a Plan Year in the event of the Participant’s
death, Disability, retirement, or termination of employment during the Plan Year or after the end of the Plan Year; provided, that payments
shall only be made on the earlier of (i) the death or Disability of the Participant or (ii) the payment date established under Paragraph
5(c)(v).

 

(f) Maximum
Grant. In no event shall the amount paid to any Participant pursuant to an Award for any Plan Year exceed $2 million.

 

    4

     

    

 

	 	6.	TERMINATING EVENTS

 

The Committee shall give Participants at least
thirty (30) days’ notice (or, if not practicable, such shorter notice as may be reasonably practicable) prior to the anticipated
date of the consummation of a Terminating Event. The Committee may, in its discretion, provide in such notice that upon the consummation
of such Terminating Event, any remaining conditions to payment of a Participant’s Award shall be waived, in whole or in part.

 

	 	7.	AMENDMENT AND TERMINATION

 

The Company reserves the right in its Board
(or a duly authorized committee thereof) to amend, suspend or terminate the Plan or to adopt a new plan in place of this Plan at any time.
Furthermore, no amendment, suspension or termination shall, without the consent of the Participant, alter or impair a Participant’s
right to receive payment of the amount earned pursuant to an Award and payable hereunder without the written consent of the Participant.

 

	 	8.	MISCELLANEOUS PROVISIONS

 

(a) Unsecured
Creditor Status. A Participant entitled to payment of an Award hereunder shall rely solely upon the unsecured promise of the Company,
as set forth herein, for the payment thereof, and nothing herein contained shall be construed to give to or vest in a Participant or any
other person now or at any time in the future, any right, title, interest, or claim in or to any specific asset, fund, reserve, account,
insurance or annuity policy or contract, or other property of any kind whatever owned by the Company, or in which the Company may have
any right, title, or interest, nor or at any time in the future.

 

(b) Non-Assignment of
Awards. No amount potentially payable under this Plan nor any right or benefit under this Plan shall be subject to anticipation, alienation,
sale, assignment, pledge, encumbrance, garnishment, execution or levy of any kind or charge before the date on which payment is made,
and any attempt to anticipate, alienate, sell, assign, pledge, encumber and to the extent permitted by applicable law, charge, garnish,
execute upon or levy upon the same shall be void and shall not be recognized or given effect by the Company. Except as expressly provided
by the Committee, the rights and benefits under the Plan shall not be transferable or assignable other than by will or the laws of descent
and distribution.

 

(c) Other
Company Plans. It is agreed and understood that any benefits under this Plan are in addition to any and all benefits to which a Participant
may otherwise be entitled under any other contract, arrangement, or voluntary pension, profit sharing or other compensation plan of the
Company, whether funded or unfunded, and that this Plan shall not affect or impair the rights or obligations of the Company or a Participant
under any other such contract, arrangement, or voluntary pension, profit sharing or other compensation plan.

 

(d) Separability.
If any term or condition of the Plan shall be invalid or unenforceable to any extent or in any application, then the remainder of the
Plan, with the exception of such invalid or unenforceable provision, shall not be affected thereby, and shall continue in effect and application
to its fullest extent.

 

(e) Continued
Employment. Neither the establishment of the Plan, any provisions of the Plan, nor any action of the Committee shall be held or construed
to confer upon any Participant the right to a continuation of employment by the Company. The Company reserves the right to dismiss any
employee (including a Participant), or otherwise deal with any employee (including a Participant) to the same extent as though the Plan
had not been adopted.

 

(f) Incapacity.
If the Committee determines that a Participant is unable to care for his affairs because of illness or accident, any benefit due such
Participant under the Plan may be paid to his spouse, child, parent, or any other person deemed by the Committee to have incurred expense
for such Participant (including a duly appointed guardian, committee, or other legal representative), and any such payment shall be a
complete discharge of the Company’s obligation hereunder.

 

(g) Reporting
and Withholding. The Company shall have the right to make such provisions as it deems necessary or appropriate to satisfy any obligations
it may have to withhold federal, state and/or local income or other taxes incurred by reason of payments pursuant to the Plan or to report
any amounts paid or payable under this Plan.

 

(h) Application
of Company Clawback Policy. All Awards under the Plan shall be subject to the provisions of any clawback or recoupment policy approved
by the Board and/or Committee, as such policy may be in effect from time to time.

 

	 	9.	GOVERNING LAW

 

The Plan and all determinations made and actions
taken pursuant to the Plan shall be governed in accordance with Nevada law.

 

	 	10.	EFFECTIVE DATE

 

The Plan is effective for cash bonus awards
granted on or after February 28, 2022.

 

 

5

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