Exhibit 3.14
RETRACTABLE TECHNOLOGIES, INC.'S
1996 STOCK OPTION PLAN FOR
DIRECTORS AND OTHER INDIVIDUALS
WHEREAS, the Board of Directors desires to authorize stock options to certain Directors of RETRACTABLE
TECHNOLOGIES, INC. (the "Company") and other individuals;
WHEREAS, this Plan is intended to encourage ownership of the common stock of the Company by certain
Directors of the Company and other individuals who have performed well in their capacities and who have
contributed, in part, to the Company's success; and
WHEREAS, this Plan, as adopted, should aid in attracting qualified Directors to the Company's Board, and
provide additional incentives for such Directors and other individuals to promote and contribute to the success of
the Company;
NOW THEREFORE IT IS RESOLVED that the following shall constitute the Stock Option Plan (the "Plan") of
the Company, unless subsequently amended by the Board of Directors as herein provided:
ARTICLE I
COMMON STOCK SUBJECT TO PLAN
1.01 Subject to adjustment as provided in Article X, Section 10.01 hereof, there will be reserved for the use
upon the exercise of options (the "Options") to be granted from time to time under the Plan, an aggregate of two
hundred thousand (200,000) shares of the common stock (the "Common Stock") of the Company, which shares
shall be authorized but unissued shares of Common Stock. If an Option ceases to be exercisable, in whole or in
part, the shares representing such Option shall continue to be available under the Plan for purposes of granting
Options with respect thereto.
1.02 The Company shall not be required, upon the exercise of any Option, to issue or deliver any shares of stock
prior to the completion of such registration or other qualification of such shares under any State or Federal law,
rule or regulation as the Company shall determine to be necessary or desirable.
ARTICLE II
RTI Stock Option Plan
Directors & Other Individuals
April 19, 1996 - Page 1
ADMINISTRATION OF THE PLAN
2.01 General.