Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 356

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 356
---
 or any applicable exercise price, such shares will be treated as having been issued under the Incentive Plan and shall not be available for issuance under the Incentive Plan, and (ii) any share-settled stock appreciation rights or options are exercised, the aggregate number of shares of Pubco Common stock subject to such stock appreciation rights or options will be deemed issued under the Incentive Plan and will not be available again for issuance under the Incentive Plan. For the avoidance of doubt, (A) shares of Pubco Common stock underlying awards that are subject to the achievement of performance goals shall be counted against the share reserve based on the target value of such awards unless and until such time as such awards become vested and settled in shares of Pubco Common stock, and (B) awards that, pursuant to their terms, may be settled only in cash shall not count against the share reserve. If any extraordinary dividend or other extraordinary distribution (whether in cash, shares, other securities, or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, reclassification, repurchase, or exchange of shares or other securities of Pubco, other change in the corporate structure of Pubco affecting the shares, or any similar equity restructuring transaction affecting the shares occurs, an equitable substitution or proportionate adjustment will be made, as may be determined by the administrator in its sole discretion to number and class of shares that may be delivered under the Incentive Plan and/or the number, class, and price of shares covered by each outstanding award, and the numerical share limits contained in the Incentive Plan.

#### Plan Administration
The Pubco Board or a committee appointed by the Pubco Board will administer the Incentive Plan and is referred to as the administrator. Different administrators may administer the Incentive Plan with respect to different groups of service providers. The Pubco Board may retain the authority to concurrently administer the Incentive Plan and revoke the delegation of some or all authority previously delegated.

Subject to the terms of the Incentive Plan and applicable laws, the administrator generally will have the power, in its sole discretion, to (i) select participants; (ii) determine whether and to what extent awards are to be granted to participants; (iii) determine the number of shares of Pubco Common stock to be made subject to each award; (iv) determine the terms and conditions, not inconsistent with the terms of the Incentive Plan, of each