Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 683

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 683
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2022 Equity Incentive Plan

We have adopted the 2022
Equity Incentive Plan (the “Original 2022 Plan”) that was approved by our stockholders and effective as of January 10,
2022. On September 19, 2024, our Compensation Committee and our Board of Directors approved Amended and Restated La Rosa Holdings
2022 Equity Incentive Plan (the “2022 Plan”). Our stockholders approved 2022 Plan on November 19, 2025.

The following is
a summary of the material features of the 2022 Plan which is qualified in its entirety by reference to the 2022 Plan which is filed as
an exhibit to this report.

Purpose. The 2022 Plan
is intended to secure for the Company the benefits arising from ownership of the Company’s Common Stock by the employees, officers,
directors, and consultants of the Company, all of whom are responsible for the Company’s future growth. The Plan is designed to
attract and retain qualified personnel, reward employees, officers, directors, and consultants for their services to the Company, and
motivate such individuals through added incentives to further contribute to the Company’s success.

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Eligibility. The 2022
Plan will provide an opportunity for any employee, officer, director, or consultant of the Company (which may include agents of the Company),
subject to any limitations provided by federal or state securities laws, to receive incentive stock options (to eligible employees only),
non-qualified stock options, restricted stock awards, other stock awards, or any combination of the foregoing. In making such determinations,
the Compensation Committee may take into account the nature of the services rendered by such person, his or her present and potential
future contribution to the Company’s success, and such other factors as the Compensation Committee in its discretion shall deem
relevant. Incentive stock options granted under the 2022 Plan are intended to qualify as “incentive stock options” within
the meaning of Section 422 of the Code. Non-qualified (non-statutory stock options) granted under the 2022 Plan are not intended to qualify
as incentive stock options under the Code. No awards can be issued to any person in consideration for services rendered where such services
are in connection with the offer or sale of securities in a capital-raising transaction, or they directly or indirectly promote or maintain
a market for the Company’s securities.

No incentive stock option
may be