Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 24

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 24
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 certain changes in our capitalization as described in the 2025 Plan, the maximum aggregate
number of shares of our Common Stock that will be available for issuance under the 2025 Plan will equal the sum of (i) 1,758,167 shares,
which includes 508,167 shares reserved but not issued pursuant to any awards granted under the previous Plans as of the date of the adoption
of the 2025 Plan and 1,250,000 additional shares that were added to the 2025 Plan by the compensation committee and board of directors
before the date of the Annual Meeting, and (ii) any shares subject to stock options or similar awards granted under the previous Plans
that expire or otherwise terminate without having been exercised in full and shares issued pursuant to awards granted under the previous
Plans that are forfeited. The additional shares fall under the maximum number of shares that may be issued upon the exercise of incentive
stock options granted under the Plan.

Type of Awards

The 2025 Plan provides for
the issuance of stock options (including non-statutory stock options and incentive stock options), stock appreciation rights (referred
to as “SARs”), restricted stock, restricted stock units (referred to as “RSUs”), stock bonuses, and performance
compensation awards, to directors, officers, employees, consultants, and advisors of AppTech or its affiliates.

Annual Director Limits

A non-employee director of
AppTech may not be granted awards in respect of such service as a non-employee director under the 2025 Plan during any calendar year that,
when aggregated with such non-employee director’s cash fees received with respect to such calendar year, exceeds $750,000 in total
value; provided, however, that the non-employee directors who are considered independent (under the rules of the Nasdaq or other securities
exchange on which the AppTech Common Stock are traded) may make exceptions to this limit for a non-executive chair of the AppTech board
of directors, if any, in which case the non-employee director receiving such additional compensation may not participate in the decision
to award such compensation.

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Administration

The 2025 Plan will be administered
by the Compensation Committee, which shall consist of at least three members (the “Committee”). The Committee may interpret
the 2025 Plan and prescribe, amend, and rescind rules, as well as make all other determinations necessary or desirable for the administration
of the 2025