Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 131

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 131
---
 interfere in any way with the right of the Company or any Affiliate thereof to terminate the employment or service of any of its Eligible Recipients at any time. Section 17. Effective Date. The 2024 Equity Incentive Plan was originally approved by the Board on March 26, 2024 and was adopted and became effective on May 29, 2024 (the “ Original Effective Date ”), the date which it was approved by the Company’s Stockholders, and this Amended and Restated Plan was approved on March 25, 2025 and shall be adopted and become effective on the date that it is approved by the Company’s stockholders (the “ Effective Date ”). A-15 TABLE OF CONTENTS Section 18. Electronic Signature. Participant’s electronic signature of an Award Agreement shall have the same validity and effect as a signature affixed by hand. Section 19. Term of Plan. No Award shall be granted pursuant to the Plan on or after the tenth anniversary of the Effective Date, but Awards theretofore granted may extend beyond that date. Section 20. Securities Matters and Regulations. (a) Notwithstanding anything herein to the contrary, the obligation of the Company to sell or deliver shares of Common Stock with respect to any Award granted under the Plan shall be subject to all Applicable Laws, rules and regulations, including all applicable federal and state securities laws, and the obtaining of all such approvals by governmental agencies as may be deemed necessary or appropriate by the Administrator. The Administrator may require, as a condition of the issuance and delivery of certificates evidencing shares of Common Stock pursuant to the terms hereof, that the recipient of such shares make such agreements and representations, and that such certificates bear such legends, as the Administrator, in its sole discretion, deems necessary or advisable. (b) Each Award is subject to the requirement that, if at any time the Administrator determines that the listing, registration or qualification of shares of Common Stock is required by any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body is necessary or desirable as a condition of, or in connection with, the grant of an Award or the issuance of shares of Common Stock, no such Award shall be granted or payment made or shares of Common Stock issued, in whole or in part, unless listing, registration, qualification, consent or approval has been effected or obtained free of any conditions not acceptable to the Administrator. (c) In the event that the disposition of shares of Common Stock