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OFS-2.6.4

The employee stock option plan must contain provisions relating to:

(a) The persons to whom securities may be issued or sold under the plan ("participants");
(b) The total number and/or amount of the securities to be issued or purchased on a licensed exchange;
(c) Entitlement in terms of number and amount of securities for any one participant;
(d) The amount payable on application or acceptance, and the basis for determining the subscription or sale or option price, and the period in or after which payments or calls or loans to provide the same, may be paid or called;
(e) The time limit for the plan;
(f) The period during which the participants must not dispose of the allotted securities, if applicable; and
(g) The voting, dividend, transfer and other rights, including those arising from the liquidation of the company attached to the securities.
January 2014