YOCREAM International, Inc.
2000 STOCK OPTION PLAN
PURPOSE OF THE PLAN
The purpose of this 2000 Stock Option Plan (the "Plan") is to advance the interests of YOCREAM International,
Inc. (the "Company") and its shareholders by enabling the Company to attract and retain the services of people
with training, experience and ability and to provide additional incentive to employees and non-employee directors
of the Company and others who provide services to the Company by giving them an additional opportunity to
participate in the ownership of the Company.
As used herein, the following definitions will apply:
(a) "Available Shares" means the number of shares of Common Stock available at any time for issuance pursuant
to Incentive Stock Options or Nonqualified Stock Options under this Plan as provided in Article III.
(b) "Award" means any grant of an Incentive Stock Option or any grant of a Nonqualified Stock Option under
(c) "Board of Directors" means the Board of Directors of the Company.
(d) "Internal Revenue Code" means the Internal Revenue Code of 1986, as amended.
(e) "Committee" means any committee appointed by the Board of Directors in accordance with Article V of this
Plan, or, if no such committee has been appointed, shall mean the Board of Directors.
(f) "Common Stock" means the Common Stock of the Company.
(g) "Company" means YOCREAM International, Inc. an Oregon business corporation, and, unless the context
otherwise requires, any majority owned subsidiary of the Company and any successor or assignee of the
Company by merger, consolidation, acquisition of all or substantially all of the assets of the Company or
(h) "Disabled" means a mental or physical impairment which has lasted or which is expected to last for a
continuous period of 12 months or more and which renders an Optionee unable, in the Committee's sole
discretion, of performing the duties which were assigned to the Optionee during the 12