Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 465

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 465
---
 the voting capital stock of the Company as a group would receive less than 50% of the voting capital stock of
the surviving or resulting corporation; (ii) the approval by the Board of Directors of an agreement providing for the sale or transfer
(other than as security for obligations of the Company) of substantially all of the assets of the Company; or (iii) in the absence of
a prior expression of approval by the Board of Directors, the acquisition of more than 20% of the Company’s voting capital stock
by any person within the meaning of Rule 13d-3 under the Exchange Act (other than the Company or a person that directly or indirectly
controls, is controlled by, or is under common control with, the Company); and unless otherwise provided in the award agreement with respect
to a particular award, all outstanding stock options will become immediately exercisable in full, subject to any appropriate adjustments,
and will remain exercisable for the remaining option period, regardless of any provision in the related award agreement limiting the ability
to exercise such stock option or any portion thereof for any length of time. All outstanding performance shares with respect to which
the applicable performance period has not been completed will be paid out as soon as practicable, and all outstanding shares of restricted
stock with respect to which the restrictions have not lapsed will be deemed vested, and all such restrictions shall be deemed lapsed and
the restriction period ended.

Additionally, after the merger
of one or more corporations into the Company, any merger of the Company into another corporation, any consolidation of the Company and
one or more corporations, or any other corporate reorganization of any form involving the Company as a party thereto and involving any
exchange, conversion, adjustment or other modification of the outstanding shares of the Common Stock, each participant shall, at no additional
cost, be entitled, upon any exercise of such participant’s stock option, to receive, in lieu of the number of shares as to which
such stock option shall then be so exercised, the number and class of shares of stock or other securities or such other property to which
such participant would have been entitled to pursuant to the terms of the agreement of merger or consolidation or reorganization, if at
the time of such merger or consolidation or reorganization, such participant had been a holder of record of a number of shares of Common
Stock equal to the number of shares as to which such stock option shall then be so exercised.

Modification of Awards.
The Compensation Committee may reprice any stock