Company: LRHC
Filing Date: 2025-07-11
Form Type: PRE 14C
Source: 0001213900-25-063319
Chunk: 18

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-11
Form: PRE 14C
Chunk 18
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 withhold from regular wages or supplemental wage payments an amount based on the ordinary income recognized.
Subject to the requirement of reasonableness, the provisions of Section 162(m) of the Code and the satisfaction of a tax reporting obligation,
we will generally be entitled to a business expense deduction equal to the taxable ordinary income realized by the participant.

Upon disposition of the stock,
the recipient will recognize a capital gain or loss equal to the difference between the selling price and the sum of the amount paid for
such stock plus any amount recognized as ordinary income with respect to the stock. Such gain or loss will be long-term or short-term,
depending on whether the stock has been held for more than one year.

Section 162(m) of the Code
denies a deduction to any publicly held corporation for compensation paid to certain senior executives of our Company (referred to as
a covered employee) in a taxable year to the extent that compensation to such employees exceeds $1,000,000. It is possible that compensation
attributable to awards, when combined with all other types of compensation received by a covered employee from our Company, may cause
this limitation to be exceeded in any particular year.

Modification; Amendment; Termination. The Compensation Committee may adopt, establish, amend and rescind such rules, regulations, and procedures as it may
deem appropriate for the proper administration of the Second Amended 2022 Plan, make all other determinations which are, in the Compensation
Committee’s judgment, necessary or desirable for the proper administration of the Second Amended 2022 Plan, amend the Second Amended
2022 Plan or a stock award as provided under the Second Amended 2022 Plan, or terminate or suspend the Second Amended 2022 Plan as provided
therein. The Compensation Committee may also amend the Second Amended 2022 Plan at any time and from time to time. However, except for
adjustments upon changes in common stock, no amendment will be effective unless approved by our stockholders to the extent that stockholder
approval is necessary to preserve incentive stock option treatment for federal income tax purposes. The Compensation Committee may submit
any other amendment to the Second Amended 2022 Plan for stockholder approval if it concludes that stockholder approval is otherwise advisable.

Unless sooner terminated,
the Second Amended 2022 Plan will terminate on January 10, 2023.

The Second Amended 2022 Plan
will be effective no earlier than [●], 2025, or twenty