Company: GLPI
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001193125-25-101728
Chunk: 88

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 88
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 be deemed to include such regulations and guidance, as well as any successor provision of the Code. Committee.The Compensation Committee of the Board. Common Stock.Common stock of the Company, par value $.01. Company.Gaming and Leisure Properties, Inc., a Pennsylvania corporation, and its successors and assigns.

| A-2 | 2025 Proxy Statement |     | Gaming and Leisure Properties, Inc. |

Consultant.An individual retained (but not employed) by the Company or a Subsidiary to perform services. Date of Grant.The date as of which the Grantor grants an Award. Director.A member of the Board who is not also an employee of the Company or any Subsidiary. Disability.A physical or mental impairment sufficient to make the Grantee who is an Employee eligible for benefits under the Company’s or Subsidiary’s long-term disability plan in which the Grantee is a participant. Any Grantee who is a Director shall be treated as having a Disability if a physical or mental impairment would have made the Grantee eligible for benefits under the Company’s long-term disability plan had the Grantee been an Employee. Effective Date.[June 12, 2025], the date on which the shareholders of the Company approved the Plan. Employee.An employee of the Company or any Subsidiary or “parent corporation” within the meaning of Section 424(e) of the Code. Fair Market Value.With respect to the Common Stock on any day, (i) the closing sales price on the immediately preceding business day of a share of Common Stock as reported on the principal securities exchange on which shares of Common Stock are then listed or admitted to trading, or (ii) if the Common Stock is not listed or admitted to trading on a securities exchange, as determined in a manner specified by the Committee determined in accordance with Section 409A of the Code. A “business day” is any day on which the relevant market is open for trading. Good Reason.With respect to any Grantee, “Good Reason” shall mean the occurrence of any of the following events that the Company fails to cure within ten (10) days after receiving written notice thereof from the Grantee (which notice must be delivered within thirty (30) days of the Grantee becoming aware of the applicable event or circumstance): (i) assignment to the Grantee of any duties inconsistent in any material respect with the Grantee’s position (including status, titles, and reporting requirements), authority, duties or responsibilities or inconsistent with the Grantee’s legal or fid