The New Mexico Stock Option and Dividend Equivalent Plan is a program offered by UGI Corp., a leading energy distribution company, to its employees based in New Mexico. This employee benefits program provides eligible employees with the opportunity to purchase company stock at a predetermined price, which is generally lower than the market value. Keywords: New Mexico, Stock Option and Dividend Equivalent Plan, UGI Corp., employee benefits, energy distribution, purchase, company stock, predetermined price, market value. Exhibit 1: New Mexico Stock Option and Dividend Equivalent Plan Overview Description: This exhibit provides an overview of the New Mexico Stock Option and Dividend Equivalent Plan offered by UGI Corp. It outlines the eligibility criteria, vesting schedule, exercise price, and other pertinent details of the employee benefits program. Exhibit 2: Types of Stock Options Offered Description: UGI Corp. offers different types of stock options under the New Mexico Stock Option and Dividend Equivalent Plan. This exhibit highlights the available options such as Incentive Stock Options (SOS) and Non-Qualified Stock Options (Nests). It explains the key differences between these options, including tax implications and exercise restrictions. Exhibit 3: Dividend Equivalent Plan Description: In addition to stock options, UGI Corp. offers a Dividend Equivalent Plan as part of the employee benefits program. This exhibit details how employees enrolled in this plan receive cash or additional stock equivalents based on the dividends paid on company stock, providing them with an additional source of potential income. Exhibit 4: Vesting Schedule Description: The New Mexico Stock Option and Dividend Equivalent Plan exhibit outlines the vesting schedule for the stock options and dividend equivalents. It specifies the time period an employee must wait before they are fully vested and can exercise their options or receive dividend equivalents. Exhibit 5: Market Value vs. Exercise Price Description: This exhibit illustrates the distinction between the market value of UGI Corp. stock and the exercise price at which employees can purchase the stock through the New Mexico Stock Option and Dividend Equivalent Plan. It demonstrates the potential financial benefit for employees who are able to acquire company stock at a discounted price. Exhibit 6: Tax Considerations Description: UGI Corp. recognizes the importance of tax considerations related to the New Mexico Stock Option and Dividend Equivalent Plan. This exhibit outlines the tax implications for employees based on the type of stock option they exercise or the dividend equivalents they receive. It provides a summary of the potential tax advantages and relevant reporting obligations. Note: UGI Corp. should be consulted directly for the specific details, terms, and conditions of its New Mexico Stock Option and Dividend Equivalent Plan, as well as any updates or variations to the program. The above content serves as a general overview based on the provided keywords and can be used for informational purposes.