Company: GINT
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001213900-25-058872
Chunk: 160

Company: Gifts International Holdings Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 160
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 A Ordinary Shares (assuming the underwriters do not exercise their over -allotmentoption), representing 15% of the number of fully -dilutedClass A Ordinary Shares outstanding as of the date of our Company’s initial public offering. The following is a summarized description of the 2025 Incentive Plan. Capitalized terms not defined herein shall have the meaning given to them in the 2025 Incentive Plan. Administration The 2025 Incentive Plan will be administered by the administrator, our compensation committee. Subject to any specific designation in the 2025 Incentive Plan and the requirements of applicable laws, the administrator has the exclusive power, authority and sole discretion, to designate eligible individuals, to determine the type or types of awards to be granted to each eligible individual, and to determine the terms, conditions, restrictions and limitations of each equity award. Eligible Individual Individuals eligible to receive awards under the 2025 Incentive Plan will be an employee, a consultant or a non -employeedirector, as determined by our compensation committee; provided, however, that awards shall not be granted to consultants or non -employeedirectors who are resident of any country which pursuant to applicable laws does not allow grants to non -employees. Term The 2025 Incentive Plan will continue in effect for a term of ten years from the date of its adoption. Any awards that are outstanding on the tenth anniversary of the date of its adoption shall remain in force according to the terms of the 2025 Incentive Plan and the applicable award agreement. Award Agreement Equity awards granted pursuant to the 2025 Incentive Plan shall be evidenced by individual award agreement, the terms and conditions of which shall be established by the administrator in a manner consistent with the provisions of the 2025 Incentive Plan. Vesting Schedule The vesting schedule of each equity award granted under the 2025 Incentive Plan will be set forth in the award agreement for such equity award. Amendment, Suspension and Termination At any time and from time to time, the administrator may amend, suspend or terminate the 2025 Incentive Plan; provided, however, that (a) to the extent necessary and desirable to comply with applicable laws, the Company shall obtain shareholder approval of any amendment in such a manner and to such a degree as required, and (b) unless the Company decides to follow home country practice, shareholder approval is required for any amendment to the 2025 Incentive Plan that (i