Company: CPSS
Filing Date: 2025-10-28
Form Type: DEF 14A
Source: 0001683168-25-007815
Chunk: 96

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-10-28
Form: DEF 14A
Chunk 96
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1 year after the date the Stock Option is exercised
(i.e., in a disqualifying disposition), such Participant shall notify the Company within 7 days of the date of such disqualifying
disposition. In addition, if a Participant elects, under Section 83(b) of the Code, to be taxed at the time an Award of Restricted
Stock (or other property subject to such Code section) is made, rather than at the time the Award vests, such Participant shall notify
the Company within 7 days of the date the Participant makes such an election.

Section 19.Foreign Participation. To assure the viability
of Awards granted to Participants employed or residing in foreign countries, the Committee may provide for such special terms as it may
consider necessary or appropriate to accommodate differences in local law, tax policy or custom. Moreover, the Committee may approve such
supplements to, or amendments, restatements or alternative versions of, this Plan as it determines is necessary or appropriate for such
purposes. Any such amendment, restatement or alternative versions that the Committee approves for purposes of using this Plan in a foreign
country will not affect the terms of this Plan for any other country. In addition, all such supplements, amendments, restatements or alternative
versions must comply with the provisions of Section 21.

In addition, if an
Award is held by a Participant who is employed or residing in a foreign country and the amount payable or shares of Common Stock issuable
under such Award would be taxable to the Participant under Section 457A of the Code in the year such Award is no longer subject to
a substantial risk of forfeiture, then the amount payable or shares of Common Stock issuable under such Award shall be paid or issued
to the Participant as soon as practicable after such substantial risk of forfeiture lapses (or, for Awards that are not considered nonqualified
deferred compensation subject to Section 409A of the Code, no later than the end of the short-term deferral period permitted by Section 457A
of the Code) notwithstanding anything in this Plan or the Award Agreement to contrary.

Section 20.Effectiveness of Plan. This Plan shall
be effective on the date that the Company’s shareholders approve this Plan at the annual meeting of shareholders in accordance with
applicable Nasdaq rules (the “Effective Date”). Awards may not be granted under this Plan prior to shareholder approval of
this Plan.

Section 21.Termination, Duration and Amendments of Plan. This