Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 579

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 579
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 applicable Company clawback or recoupment policy, or any clawback or recoupment requirement imposed under applicable law or stock exchange listing standards, as may be adopted by the Board from time to time. (i)Conversion of Pre -MergerAwards. All outstanding Infinitum Fuel Cell Systems, Inc.’s options and Restricted Stock Units shall convert into Company awards adjusted by the Exchange Ratio (as defined in the Business Combination Agreement), with exercise prices unchanged. Such converted awards remain subject to original vesting terms unless otherwise modified herein. SECTION 4. Eligibility. Employees, Directors, consultants, and other individuals who provide services to the Company or its Affiliates are eligible to be granted Awards under the Plan; provided, however, that only employees of the Company or a Subsidiary are eligible to be granted Incentive Stock Options. Annex C-5 SECTION 5. Options. (a)Options granted under the Plan may be of two types: (i) Incentive Stock Options or (ii) Non -QualifiedStock Options. Any Option granted under the Plan will be in such form as the Board may at the time of such grant approve. (b)The Award Agreement evidencing any Option will incorporate the following terms and conditions and will contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Board deems appropriate in its sole and absolute discretion: (i)Option Price. The exercise price per Share purchasable under an Option will be not less than 100% of the Fair Market Value of the Share on the date of the grant. However, any Incentive Stock Option granted to any Participant who, at the time the Option is granted, owns more than 10% of the voting power of all classes of shares of the Company or of a Subsidiary will have an exercise price per Share of not less than 110% of Fair Market Value per Share on the date of the grant. (ii)(ii) Option Term. The term of each Option will be fixed by the Board, but no Option will be exercisable more than 120 months after the date the Option is granted. However, any Incentive Stock Option granted to any Participant who, at the time such Option is granted, owns more than 10% of the voting power of all classes of shares of the Company or of a Subsidiary may not have a term of more than five years. No Option may be exercised by any person after expiration of the term of