1. The Board recommends that obligations be recorded only on the basis of valid obligating documents and that they be recorded in the appropriate accounting period

2. The Board recommends that obligations be recorded only on the basis of valid obligating documents and that they be recorded in the appropriate accounting period.

3. Depending on the vesting schedule and the maturity of the options, the employee may elect to exercise the options at some point, obligating the company to sell the employee its stock shares at whatever stock price was used as the exercise price.