This excerpt taken from the CPY DEF 14A filed Jul 26, 2007.
Stock Option Plan
The Company has an amended and restated non-qualified stock option plan, under which certain officers and key employees may receive options to acquire shares of the Companys common stock. All outstanding options vested in connection with the Change of Control in 2004. No options have been granted since the 2004 Change of Control and there is no present intention to issue options since the Company currently prefers the use of restricted stock for incentive purposes.