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This excerpt taken from the RVBD 8-K filed Feb 20, 2009. ARTICLE 1. INTRODUCTION. The purpose of the Plan is to provide incentives to attract, retain and motivate eligible persons whose potential contributions are important to promote the long-term success of the Company and the creation of stockholder value. The Plan seeks to achieve this purpose by providing for Awards in the form of Nonstatutory Stock Options, Restricted Stock, Restricted Stock Units, or Stock Appreciation Rights. The Plan is intended to comply with NASDAQ Rule 4350(i)(1)(A)(iv), which governs granting certain equity awards as a material inducement to an individuals entering into employment with the Company. The Plan shall be governed by, and construed in accordance with, the laws of the State of Delaware (except their choice-of-law provisions). |
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