Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 76

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 76
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 Awards under this Plan that are forfeited, cancelled, expire unexercised, or
are settled in cash are available again for Awards under the Plan.

(d)Common
Shares delivered by the Company in settlement of Awards may be authorized and unissued shares, shares held in the treasury of the Company,
shares purchased on the open market or by private purchase, or a combination of the foregoing.

(e)Awards
may, in the sole discretion of the Committee, be granted under the Plan in assumption of, or in substitution for, outstanding awards previously
granted by an entity acquired by the Company or with which the Company combines (“Substitute Awards”). The number
of Common Shares underlying any Substitute Awards shall not be counted against the aggregate number of Common Shares available for Awards
under the Plan.

6.Eligibility.
Participation shall be limited to Eligible Persons who have entered into an Award agreement or who have received written notification
from the Committee, or from a person designated by the Committee, that they have been selected to participate in the Plan.

7.Options.

(a)Generally.
Each Option granted under the Plan shall be evidenced by an Award agreement (whether in paper or electronic medium (including email or
the posting on a website maintained by the Company or a third party under contract with the Company)). Each Option so granted shall be
subject to the conditions set forth in this Section 7, and to such other conditions not inconsistent with the Plan as may be reflected
in the applicable Award agreement. All Options granted under the Plan shall be Non-Qualified Stock Options unless the applicable Award
agreement expressly states that the Option is intended to be an Incentive Stock Option. The maximum aggregate number of Common Shares
that may be issued through the exercise of Incentive Stock Options granted under the Plan is 2,335,296 Common Shares, which includes 950,000
shares being added this year, and 40,614 that currently remain not issued as option grants. Incentive Stock Options shall be granted only
to Eligible Persons who are employees of the Company and its Affiliates, and no Incentive Stock Option shall be granted to any Eligible
Person who is ineligible to receive an Incentive Stock Option under the Code. No Option shall be treated as an Incentive Stock Option
unless the Plan has been approved by the shareholders of the Company in a manner intended to comply with the stockholder approval requirements
of Section 422(b)(1) of the Code; provided