Company: JUNS
Filing Date: 2025-10-28
Form Type: PRER14A
Source: 0001493152-25-019793
Chunk: 96

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-10-28
Form: PRER14A
Chunk 96
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. The members of the Committee shall be appointed from time to time by, and shall serve at the discretion of, the Board. The Committee shall consist of two or more Nonemployee Directors. If the Committee does not exist or cannot function for any reason, the Board may take any action under this Plan that would otherwise be the responsibility of the Committee. To the extent required by applicable law, rule or regulation, it is intended that each member of the Committee shall be (a) an independent director within the meaning of the rules and regulations of the Nasdaq Stock Market (or such other national securities exchange or quotation system on which the Shares may be listed or quoted) and (b) a non-employee director within the meaning of Exchange Act Rule 16b-3, or alternatively, the Committee may designate a subcommittee or establish other procedures for purposes of satisfying such requirements.

2.11 “Company”means Jupiter Neurosciences, Inc., and any successor thereto as provided in Section 22.21.

2.12 “Director”means any individual who is a member of the Board.

2.13 “Dividend Equivalent”has the meaning set forth in Section 18.

2.14 “Effective Date”has the meaning set forth in Section 1.1.

2.15 “Employee”means any individual performing services for the Company or a Subsidiary and designated as an employee of the Company or the Subsidiary on its payroll records. An Employee shall not include any individual during any period he or she is classified or treated by the Company or Subsidiary as an independent contractor, a consultant or an employee of an employment, leasing, consulting or temporary agency or any other entity other than the Company or Subsidiary, without regard to whether such individual is subsequently determined to have been, or is subsequently retroactively reclassified, as a common-law employee of the Company or Subsidiary during such period.

2.16“ Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time.

2.17 “Exercise Price”means the price at which a Share may be purchased by a Participant pursuant to an Option.

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2.18 “Fair Market Value”means, as applied to a specific date and unless otherwise specified in an Award Agreement, the price of a Share that is equal to the closing price of a Share on the Nasdaq Stock Exchange (or, on such other national securities exchange or quotation system on which the Shares may be listed