Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 42

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 42
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, further, that this restriction does not apply to administrator’s discretion to provide for accelerated exercisability or vesting of any award)). The plan administrator is authorized to interpret and construe the Amended 2024 Plan and the terms and conditions of any award granted under the Plan, to prescribe such rules and procedures as it may deem necessary or advisable for the administration of the Amended 2024 Plan, to interpret and amend any of such rules or procedures and to make all other decisions and determinations required pursuant to the Plan or any award agreement or as the plan administrator deems necessary or advisable to administer the Amended 2024 Plan. Additionally, the Administrator can appoint agents and delegate functions to others, provided it doesn’t affect exemptions under Rule 16b-3(d)(1) for certain Awards under Section 16 of the Exchange Act. The plan administrator’s determinations under the Amended 2024 Plan need not be uniform and may be made selectively among Participants, to whom awards are granted under the Amended 2024 Plan, whether or not such Participants are similarly situated. No member of the plan administrator shall be liable for any action or determination made by the plan administrator in good faith with respect to the Amended 2024 Plan or any award granted under the Amended 2024 Plan. Determinations of the plan administrator are final, binding and conclusive.

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TABLE OF CONTENTS Shares Available under the Amended 2024 Plan Subject to stockholder approval of this proposal, the maximum number of shares that may be issued under the Amended 2024 Plan will be 4,000,000 shares of our common stock, which number is subject to adjustment as described below under the heading “Changes in Capital Structure and Changes of Control;” provided that shares of common stock issued under the Amended 2024 Plan with respect to an Exempt Award will not count against the share limit. Under the Amended 2024 Plan, an “Exempt Award” is (i) an award granted in the assumption of, or in substitution for, outstanding awards previously granted by another business entity acquired by us or any of our subsidiaries or with which we or any of our subsidiaries merges, (ii) an “employment inducement” award as described in the applicable stock exchange listing manual or rules; or (iii) an award that a Participant purchases at fair market value. No more than 4,000,000 shares of our common stock shall be issued pursuant to the exercise of incentive stock options. New