Company: NSP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001000753-25-000013
Chunk: 97

Company: INSPERITY, INC.
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 97
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 terminates employment after the thirty (30) day correction period and before the expiration of the time limit required of a Qualifying Termination.

“ Restricted Stock ” means shares of Common Stock that are restricted or subject to forfeiture provisions.

“ Restricted Stock Units ” or “ RSUs ” means the right to receive the value of one share of Common Stock (or a percentage of such value) in cash, Common Stock or combination thereof.

“ Stock Appreciation Rights ” or “ SARs ” means the right to receive an amount of Common Stock equal to the appreciation in value of a specified number of shares of Common Stock over a particular period of time.

“ Stock Award ” means an Award denominated in or payable in shares of Common Stock, which may be Restricted Stock or an RSU.

“ Subsidiary ” means (a) with respect to any Awards other than ISOs, (i) in the case of a corporation, any corporation of which the Company directly or indirectly owns shares representing 50% or more of the combined voting power of the shares of all classes or series of capital stock of such corporation that have the right to vote generally on

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matters submitted to a vote of the stockholders of such corporation and (ii) in the case of a partnership or other business entity not organized as a corporation, any such business entity of which the Company directly or indirectly owns 50% or more of the voting, capital or profits interests (whether in the form of partnership interests, membership interests or otherwise) and (b) with respect to Awards of ISOs, any subsidiary within the meaning of Code Section 424(f).

3. Plan Administration and Designation of Participants . All Employees of the Company and its Subsidiaries and all Directors of the Company are eligible for Awards under this Plan. The Board or the Committee shall select the Participants from time to time by the grant of Employee Awards under this Plan and, subject to the terms and conditions of this Plan, shall determine all terms and conditions of the Employee Awards.

This Plan shall be administered by the Committee, which shall have full and exclusive power to interpret this Plan and to adopt such rules, regulations and guidelines for carrying out this Plan as it may deem necessary or appropriate.

The Committee may, in its discretion, in whole or in part of an Employee Award, extend the exercisability, eliminate or make less restrictive any restrictions, waive any restriction or other provision of the Plan or an Employee Award or otherwise amend or modify an Employee Award