Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 91

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 91
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 be entitled to exercise any transferred Option unless there shall be in effect a registration statement
on an appropriate form covering the Common Shares to be acquired pursuant to the exercise of such Option if the Committee determines,
consistent with any applicable Award agreement, that such a registration statement is necessary or appropriate; (C) the Committee or the
Company shall not be required to provide any notice to a Permitted Transferee, whether or not such notice is or would otherwise have been
required to be given to the Participant under the Plan or otherwise; and (D) the consequences of the termination of the Participant’s
employment by, or services to, the Company or an Affiliate under the terms of the Plan and the applicable Award agreement shall continue
to be applied with respect to the Participant, including, without limitation, that an Option shall be exercisable by the Permitted Transferee
only to the extent, and for the periods, specified in the Plan and the applicable Award agreement.

(c)Tax Withholding and Deductions.

(i)A Participant shall be
required to pay to the Company or any Affiliate, and the Company or any Affiliate shall have the right and is hereby authorized to deduct
and withhold, from any cash, Common Shares, other securities or other property deliverable under any Award or from any compensation or
other amounts owing to a Participant, the amount (in cash, Common Shares, other securities or other property) of any required taxes (up
to the maximum statutory rate under applicable law as in effect from time to time as determined by the Committee) and deduction in respect
of an Award, its grant, vesting or exercise, or any payment or transfer under an Award or under the Plan and to take such other action
as may be necessary in the opinion of the Committee or the Company to satisfy all obligations for the payment of such taxes.

(ii)Without
limiting the generality of clause (i) above, the Committee may, in its sole discretion, determined on a case by case basis, permit a Participant
to satisfy, in whole or in part, the foregoing tax and deduction liability by (A) the delivery of Common Shares (which are not subject
to any pledge or other security interest and are Mature Shares, except as otherwise determined by the Committee) owned by the Participant
having a fair market value equal to such liability or (B) having the Company withhold from the number of Common Shares otherwise issuable
or deliverable pursuant to the exercise or settlement of the Award a number of shares with a