Company: HROW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001641172-25-006102
Chunk: 65

Company: HARROW, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 65
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 the portion of any Option that was exercisable on the date of such termination of employment or service may be exercised for the lesser of ninety (90) days after the date of termination (or, if later, such time as the Option may be exercised pursuant to Section 15(d) hereof) or the balance of such Option’s term, which ever period is shorter. The transfer of an Optionee from the employ of or service to the Company to the employ of or service to a Subsidiary, or vice versa, or from one Subsidiary to another, shall not be deemed to constitute a termination of employment or service for purposes of the Plan.

(i) In the event that
the Optionee’s employment or service with the Company or any Subsidiary is terminated by the Company or such Subsidiary for Cause
(as defined below) any unexercised portion of any Option shall immediately terminate in its entirety. For purposes hereof, unless otherwise
defined in an employment agreement between the Company and the relevant Optionee, “Cause” shall exist upon a good-faith
determination by the Board, following a hearing before the Board at which an Optionee was represented by counsel and given an opportunity
to be heard, that such Optionee has been accused of fraud, dishonesty or act detrimental to the interests of the Company or any Subsidiary
of Company or that such Optionee has been accused of or convicted of an act of willful and material embezzlement or fraud against the
Company or of a felony under any state or federal statute; provided, however, that it is specifically understood that Cause shall
not include any act of commission or omission in the good-faith exercise of such Optionee’s business judgment as a director, officer
or employee of the Company, as the case may be, or upon the advice of counsel to the Company. Notwithstanding the foregoing, if Cause
is defined in an employment agreement between the Company and the relevant Optionee, then, with respect to such Optionee, Cause shall
have the meaning ascribed to it in such employment agreement.

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(ii) In the event that
an Optionee is removed as a director, officer or employee by the Company at any time other than for Cause or resigns as a director, officer
or employee for Good Reason the Option granted to such Optionee may be exercised by the Optionee, to the extent the Option was exercisable
on the date such