Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 97

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 6
Chunk 97
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 March 28, 2025 (the “ Share Incentive Plan”
or “ Plan”). The following summarizes the material terms of the Share Incentive Plan:

Shares Subject to the Plan.

The maximum aggregate number
of Shares that are available for awards shall initially be 1,054,260 ordinary shares of the Company, which may be increased from time
to time as determined by the Board or the Compensation Committee of the Board (the “ Committee”) to allow for the total maximum
number of Shares subject to the Plan to be 20% of the then outstanding ordinary shares of the Company at the time of such increase. The
number of Shares may be made available from Shares held in treasury or authorized but unissued shares of the Company not reserved for
any other purpose.

Administration

The Share Incentive Plan
shall be administered by the Committee. The Committee shall have full discretionary authority to administer the Share Incentive Plan,
including but not limited to the authority to: (i) interpret the provisions of the Share Incentive Plan, (ii) prescribe, amend
and rescind rules and regulations relating to the Share Incentive Plan, (iii) correct any defect, supply any omission, or reconcile
any inconsistency in any Award or agreement covering an Award in the manner and to the extent it deems desirable to carry the Share Incentive
Plan into effect, and (iv) make all other determinations necessary or advisable for the administration of the Share Incentive Plan.
The Committee’s decisions (including any failure to make decisions) shall be binding upon all persons, including the Company, shareholders,
Employers, and each Employee, Director, Consultant or Participant, and shall be given deference in any proceeding with respect thereto.

Eligibility

The Share Incentive Plan is open to any Employee, Director or Consultant
who, in the opinion of the Committee, has the capacity to contribute to the success of the Company is eligible to be a Participant.

Effective Date, Amendment, Modification and Termination

This Share Incentive Plan
shall become effective on the date of its adoption by the Board or a committee of the Board duly authorized by the Board (the “ Effective
Date”). The Share Incentive Plan will expire on the tenth anniversary of the Effective Date, and no Award may be granted pursuant
to the Share Incentive Plan after, the tenth anniversary of the Effective Date, unless otherwise determined by the Committee. Any Awards
that are outstanding on the tenth anniversary of