Crucial 2012 Annual Report Download - page 150

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(r) “Option” means a nonstatutory stock option granted pursuant to the Plan. Such option
is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Code
and the regulations promulgated thereunder.
(s) “Option Agreement” means a written agreement between the Company and an Optionee
evidencing the terms and conditions of an individual Option grant. The Option Agreement is subject to
the terms and conditions of the Plan.
(t) “Option Exchange Program” means a program whereby outstanding options are
surrendered in exchange for options with a lower exercise price.
(u) “Optioned Stock” means the Common Stock subject to an Option.
(v) “Optionee” means an Employee or Consultant who holds an outstanding Option.
(w) "Plan" means this Nonstatutory Stock Option Plan.
(x) “Share” means a share of the Common Stock, as adjusted in accordance with Section 12
of the Plan.
3. Stock Subject to the Plan. Subject to the provisions of Section 12 of the Plan, the maximum
aggregate number of Shares which may be optioned and sold under the Plan is 1,750,000. The Shares
may be authorized, but unissued, or reacquired Common Stock.
If an Option expires or becomes unexercisable without having been exercised in full, or is
surrendered pursuant to an Option Exchange Program, the unpurchased Shares which were subject
thereto shall become available for future grant or sale under the Plan (unless the Plan has terminated).
4. Administration of the Plan.
(a) Procedure. The Plan shall be administered by (A) the Board or (B) a committee designated
by the Board, which committee shall be constituted to satisfy Applicable Laws. Once appointed, such
Board may increase the size of the Committee and appoint additional members, remove members (with
or without cause) and substitute new members, fill vacancies (however caused), and remove all members
of the Committee and thereafter directly administer the Plan, all to the extent permitted by Applicable
Laws.
(b) Powers of the Administrator. Subject to the provisions of the Plan, and in the case of a
Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator
shall have the authority, in its discretion: