Company: SATLW
Filing Date: 2025-10-21
Form Type: DEF 14A
Source: 0001437749-25-031429
Chunk: 37

Company: Satellogic Inc.
Filing Date: 2025-10-21
Form: DEF 14A
Chunk 37
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 have the effect of reducing the exercise price of an option or SAR previously granted under the Amended Incentive Plan.

Adjustments

In the event of any extraordinary dividend or other distribution (whether in the form of cash, shares, or other property), recapitalization, forward or reverse split, reorganization, merger, consolidation, spin-off, combination, repurchase, share exchange, liquidation, dissolution or other similar corporate transaction or event affects the Shares and/or such other securities of the Company, adjustments, exchanges and other substitutions will be made to the Amended Incentive Plan, including adjustments in the maximum number of shares subject to the Amended Incentive Plan and other numerical limitations. Adjustments will also be made to awards under the Amended Incentive Plan as the Compensation Committee in its discretion deems equitable.

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Clawback Policy

All stock awards granted under the Amended Incentive Plan are subject to clawback, cancellation, recoupment, rescission, payback, reduction, or other similar action in accordance with the Company’s Clawback Policy or similar policies or any applicable law related to such actions.

Change in Control

If there is a “change in control” of the Company then the Compensation Committee generally has the discretion to: (i) provide that any option or SAR that was not previously vested and exercisable, will become immediately vested and exercisable; (ii) provide for the full vesting or lapse of restrictions on any other type of award; or (iii) provide that any award subject to the achievement of performance goals and conditions have satisfied the performance goals and conditions in full or on a pro-rata basis, except that, unless set forth in an individual agreement or the Compensation Committee determines otherwise, the foregoing acceleration will not apply if either (A) the Company is the surviving entity in the change in control and the awards are assumed on substantially the same terms and conditions that were applicable immediately prior to the change in control or (B) the successor company or its parent company assumes or substitutes the applicable awards.

Federal Income Tax Consequences

The following is a general summary under current law of the principal U.S. federal income tax consequences related to awards under the Amended Incentive Plan. This summary deals with the general federal income tax principles that apply and is provided only for general information. Some kinds of taxes, such as state, local, and foreign income taxes and federal employment taxes, are not discussed. This summary is not intended as tax