Monday, April 04, 2022 2:43:29 PM
“On March 18, 2022 (the “Effective Date”), the Board of Directors of IIOT-OXYS, Inc, a Nevada corporation (the “Company”), approved the 2022 Stock Incentive Plan (the “Plan”). Awards may be made under the Plan for up to 20,000,000 shares of common stock of the Company. All of the Company’s employees, officers and directors, as well as consultants and advisors to the Company are eligible to be granted awards under the Plan. No awards can be granted under the Plan after the expiration of 10 years from the Effective Date but awards previously granted may extend beyond that date. Awards may consist of both incentive and non-statutory options, restricted stock units, stock appreciation rights, and restricted stock awards. A copy of the Plan is attached hereto as Exhibit 4.1.”
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