Company: SNWV
Filing Date: 2025-07-10
Form Type: DEF 14A
Source: 0001140361-25-025486
Chunk: 31

Company: SANUWAVE Health, Inc.
Filing Date: 2025-07-10
Form: DEF 14A
Chunk 31
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 or in any other written agreement with a participant, that the award will be subject to acceleration of vesting and exercisability in the event of a change in control, in connection with a termination of employment in connection with or following a change in control, or for the cancellation of an outstanding award in exchange for a payment equal to the value of the shares subject to such award, and in the case of an option or SAR, less any applicable exercise price. Transferability of Awards Unless the Plan Administrator determines otherwise, an award generally will not be transferable other than by beneficiary designation, a will, or the laws of descent and distribution. The Plan Administrator may permit transfer of an award pursuant to a domestic relations order or by gift to a family member. Amendment and Termination The Plan Administrator may amend or terminate the 2024 Plan at any time. Any such amendment or termination will not affect outstanding awards. If not sooner terminated, the 2024 Plan will terminate automatically 10 years after its effective date. Stockholder approval is not required for any amendment to the 2024 Plan, unless required by applicable law, government regulation, or exchange listing standards. Certain U.S. Federal Income Tax Aspects of Awards Under the 2024 Plan This is a brief summary of the U.S. federal income tax aspects of awards that may be made under the 2024 Plan based on existing U.S. federal income tax laws as of the date of this proxy statement. This summary covers only the basic tax rules. It does not describe a number of special tax rules, including the alternative minimum tax and various elections that may be applicable under certain circumstances. It also does not reflect provisions of the income tax laws of any municipality, state, or foreign country in which a holder may reside, nor does it reflect the tax consequences of a holder’s death. Therefore, no one should rely on this summary for individual tax compliance, planning, or decisions. Participants in the 2024 Plan should consult their own professional tax advisors concerning tax aspects of awards under the 2024 Plan. The discussion below concerning tax deductions that may become available to us under U.S. federal tax law is not intended to imply that we will necessarily obtain a tax benefit or asset from those deductions. The tax consequences of awards under the 2024 Plan depend upon the type of award. Changes to tax laws following the date of this proxy statement could alter the tax consequences described below.

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TABLE OF CONTENTS Incentive Stock Options No taxable income is recognized by an optionee upon