Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 84

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 84
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reement.

11.Performance Compensation Awards.

(a)Generally.
The Committee shall have the authority, at the time of grant of any Award described in Sections 7 through 10 of the Plan,
to designate such Award as a Performance Compensation Award. The Committee shall have the authority to make an award of a cash bonus to
any Participant and designate such Award as a Performance Compensation Award. Unless otherwise determined by the Committee, all Performance
Compensation Awards shall be evidenced by an Award agreement.

(b)Discretion of Committee with Respect to Performance Compensation Awards. The Committee shall have the discretion to establish the terms,
conditions and restrictions of any Performance Compensation Award. With regard to a particular Performance Period, the Committee shall
have sole discretion to select the length of such Performance Period, the type(s) of Performance Compensation Awards to be issued, the
Performance Criteria that will be used to establish the Performance Goal (s), the kind(s) and/or level(s) of the Performance Goals(s)
that is (are) to apply and the Performance Formula.

(c)Performance Criteria. The Committee may establish Performance Criteria that will be used to establish the Performance Goal(s) for Performance
Compensation Awards which may be based on the attainment of specific levels of performance of the Company (and/or one or more Affiliates,
divisions, business segments or operational units, or any combination of the foregoing) and may include, without limitation, any of the
following: (i) net earnings or net income (before or after taxes); (ii) basic or diluted earnings per share (before or after
taxes); (iii) revenue or revenue growth (measured on a net or gross basis); (iv) gross profit or gross profit growth; (v) operating
profit (before or after taxes); (vi) return measures (including, but not limited to, return on assets, capital, invested capital,
equity, or sales); (vii) cash flow (including, but not limited to, operating cash flow, free cash flow, net cash provided by operations
and cash flow return on capital); (viii) financing and other capital raising transactions (including, but not limited to, sales of
the Company’s equity or debt securities); (ix) earnings before or after taxes, interest, depreciation and/or amortization;
(x) gross or operating margins; (xi) productivity ratios; (xii) share price (including, but not limited to, growth measures
and total shareholder return); (xiii) expense targets