Anticus International
Corporation
Stock Compensation Plan
2008
This Stock
Compensation Plan is adopted this 17 day of January 2008, by
Anticus International Corporation, a Nevada corporation with its
principal place of business located at:
1155, boul. René
Lévesque Ouest, bureau 2500
Montréal, Québec,
Canada H3B 2K4
WITNESSETH :
WHEREAS, the
Board of Directors of Anticus International Corporation,
(the “Company”) has determined that it would
be to its advantage, and in its best interest, to grant directors,
officers, selected key employees and certain consultants and
advisors, the opportunity to purchase or receive stock in the
company as a result of compensation for their service. The Plan
provides both for the direct award or sale of Shares and for the
grant of Options to purchase Shares; and
WHEREAS, the
board of Directors (the “Board”) believes that the
Company can best obtain advantageous benefits by issuing stock
and/or granting stock options to such designated individuals from
time to time, although these options are not to be granted pursuant
to Section 422 and related sections of the Internal Revenue Code,
as amended;
NOW THEREFORE,
the Board adopts this as the “Anticus International
Corporation Stock Compensation Plan 2008” (“the
Plan”).
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EFFECTIVE
DATE AND TERMINATION OF PLAN
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The effective
date of the Plan is January 17, 2008, which is the day the Plan was
adopted by the Board. The Plan will terminate on the
earlier of the date of the grant of the final share or option for
the last share of common stock allocated under the Plan or 5 years
from the date thereof, whichever is earlier, and no shares or
options will be granted thereafter pursuant to this
Plan.
The Plan shall
be administrated by the Board, which may adopt such rules and
regulations for its administration as it may deem necessary or
appropriate, or may be administrated by a Compensation Committee to
be appointed by the Board, to have such composition and duties as
the Board may from time to time determine.
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ELIGIBILITY
TO PARTICIPATE IN THE PLAN
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Subject to the
provisions of the Plan, the Board, or its designee, shall determine
and designate, from time to time those directors, officers,
selected key employees and certain consultants and advisors, to
whom shares are to be issued and/or options are to be granted
hereunder and the number of shares to be optioned from time to time
to any individual or entity. In determining the
eligibility of an individual to receive shares or an option, as
well as in determining the number of shares to be issued and/or
optioned to any individual, the Board, shall consider the nature
and value to the Company for the services which have been rendered
to the Company and such other factors as the Board, or its
designee, may deem relevant.
To be eligible
to be selected to receive a share or option, an individual must be
director, officer, an employee, a consultant or advisor of the
Company. The grant of each option shall be confirmed by
Stock Option Agreement, which shall be executed by the Company and
the optionee as promptly as practicable after such
grant. More than one option may be granted to an
individual. Shares shall be issued directly to such
individuals.
An option may
be granted to any individual eligible hereunder, regardless of his
previous stockholdings.
The option
price is determined as of the time the option is granted of the
stock for which any person may be granted options under this Plan
and all other plans of the Company.
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NUMBER OF
SHARES SUBJECT TO THE PLAN
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The Board,
prior to the time shall reserve for the purpose of the Plan a total
of Four Million three hundred and sixty four thousand four hundred
ninety six (4,364,496) of the authorized but
unissued shares of common shares of the Company, provided that any
share