Set up a stock incentive plan for officers and key employees in your company with this Non-Qualified Stock Option and Stock Appreciation Rights Plan for use in the United States. Provisions of the plan include:

• The Plan is intended to enable officers and employees to acquire an interest in the company, and to provide incentives and encourage loyalty.


• Executive, administrative, professional and technical personnel are eligible to receive options or stock appreciation rights for common shares under the Plan.


• The Board of Directors may require the employee to remain employed by the company for a specified amount of time.


• A participant may be granted Stock Appreciation rights at the same time that they are awarded options.

This USA stock option plan is provided in MS Word format and is fully editable to suit your specific needs.