Company: CPSS
Filing Date: 2025-10-28
Form Type: DEF 14A
Source: 0001683168-25-007815
Chunk: 98

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-10-28
Form: DEF 14A
Chunk 98
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 assure compliance with all applicable legal requirements.

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(b)
Awards Outside of this Plan. Neither the adoption of this Plan nor the submission of this Plan to the Company’s shareholders
for approval shall be construed as creating any limitations upon the right and authority of the Board to adopt such other incentive compensation
arrangements (which arrangements may be applicable either generally to a class or classes of individuals or specifically to a particular
individual or particular individuals) as the Board in its discretion determines desirable.

(c)
Other Benefit Plans or Arrangements. Payments and other benefits received by a Participant under an Award made pursuant to this
Plan shall not be deemed a part of Participant’s compensation for purposes of determining the Participant’s benefits under
any other benefit plans or arrangements provided by the Company or any affiliate, except where the Committee expressly provides otherwise
in writing. Notwithstanding any other provision of this Plan or of any other agreement, contract, or understanding heretofore or hereafter
entered into by a Participant with the Company or any affiliate, except an agreement, contract, or understanding hereafter entered into
that expressly modifies or excludes application of this Section 22 (an “Other Agreement”), and notwithstanding any
formal or informal plan or other arrangement for the direct or indirect provision of compensation to the Participant (including groups
or classes of Participants or beneficiaries of which the Participant is a member), whether or not such compensation is deferred, is in
cash, or is in the form of a benefit to or for the Participant (a “Benefit Arrangement”), if the Participant is a “disqualified
individual,” as defined in Section 280G(c) of the Code, any Awards hereunder held by that Participant and any right to receive
any payment or other benefit under this Plan shall not become exercisable or vested (i) to the extent that such right to exercise,
vesting, payment, or benefit, taking into account all other rights, payments, or benefits to or for the Participant under this Plan, all
Other Agreements, and all Benefit Arrangements, would cause any payment or benefit to the Participant under this Plan to be considered
a “parachute payment” within the meaning of Section 280G(b)(2) of the Code as then in effect (a “Parachute Payment”)
and (ii) if, as a result of receiving a Parachute Payment, the aggregate after-tax amounts received by the Participant from the Company
under this Plan, all Other Agreements