Company: EPR-PE
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001045450-25-000068
Chunk: 114

Company: EPR PROPERTIES
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 114
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 who is in possession of an Award Agreement representing an Award that (i) in the case of a Participant has been granted to such individual, (ii) in the case of a Beneficiary has been transferred to

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such person under the laws of descent and distribution, or (iii) in the case of a Permitted Transferee, has been transferred to such person as permitted by the Committee, and, with respect to all of the above clauses (i), (ii) and (iii), such Award Agreement has not expired, been canceled, or been terminated. "Incentive Share Option" means any Option designated as such and granted in accordance with the requirements of Section 422 of the Code.

" Nonqualified Share Option " means any Option to purchase Shares that is not an Incentive Share Option.

" Option " means a right to purchase Shares at a stated price for a specified period of time. Such definition includes both Nonqualified Share Options and Incentive Share Options.

" Optionee " shall have the meaning as set forth in Section 6.2. For the avoidance of any doubt, in situations where the Option has been transferred to a Permitted Transferee or passed to a Beneficiary in accordance with the laws of descent and distribution, the Optionee will not be the same person as the Holder of the Option.

" Option Agreement " or " Option Award Agreement " means a written agreement or instrument between the Company and a Holder evidencing an Option.

" Option Exercise Price " means the price at which Shares subject to an Option may be purchased, determined in accordance with Section 6.2(b).

" Other Share-Based Award " means any award of Shares or payment of cash that is valued in whole or in part by reference to, or is otherwise based on, Shares, other property, or achievement of performance metrics or measures.

" Participant " means a Service Provider of the Company designated by the Committee from time to time during the term of the Plan to receive one or more Awards under the Plan.

" Performance Award " means any Award that will be issued or granted, or become vested or payable, as the case may be, upon the achievement of certain performance goals (as described in Section 10) to a Participant pursuant to Section 10.

" Performance Period " means the period of time as specified by the Committee during which any performance goals are to be measured.

" Performance Shares " means an Award made pursuant to Section 9 which entitles a Holder to receive Shares