If options expire in 10 years, one would think that there is plenty of incentive to contribute to the success of POET (measured as shareholder value), get them in the money and benefit from them, without repricing.
Moreover, if I properly recall, the management has quite a large pool of options (is that some 20% of the ~112 million current number of total shares?) that they can issue and reward those valuable employees that should be rewarded, WITHOUT rewarding themselves, who are the main reason why the SP is where it is today.