Company: FORA
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001140361-25-016300
Chunk: 50

Company: Forian Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 50
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 to provide designated individuals with the opportunity to receive grants of incentive stock options, nonqualified stock options, stock awards, stock units, stock appreciation rights and other equity-based awards. B. Effective June 15, 2022, the Plan was amended to increase the number of shares authorized for issuance under the Plan by an additional 2,400,000 shares of Company Stock from 4,000,0000 shares initially authorized to 6,400,000 shares. C. Immediately prior to this Amendment, there are 6,400,000 shares of Company Stock authorized for issuance under the Plan. D. The Company desires to amend the Plan to increase the number of shares authorized for issuance under the Plan by an additional 4,000,000 shares of Company Stock. E. Section 15(a) of the Plan permits the Company’s Board of Directors to amend the Plan at any time, subject to approval by the Company’s stockholders, as applicable. Amendment 1. Shares Authorized. Section 3(a) of the Plan is hereby amended in its entirety to read as follows: “(a) Shares Authorized. Subject to adjustment as described below, the aggregate number of shares of common stock of the Company (“Company Stock”) that may be issued pursuant to Grants under this Plan is 10,400,000 shares, each of which may be granted as Incentive Stock Options, Nonqualified Stock Options, Stock Awards, Stock Units, SARs or Other Equity Awards.” 2. General. The terms and conditions of Section 21 of the Plan shall apply to this Amendment and the Plan shall remain in full force and effect except as modified by this Amendment. 3. Effective Date. This Amendment shall be effective on the date on which it is approved by the Company’s stockholders. A-1 TABLE OF CONTENTS TABLE OF CONTENTS