Company: ALCE
Filing Date: 2025-02-07
Form Type: PRE 14C
Source: 0001213900-25-011375
Chunk: 27

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-02-07
Form: PRE 14C
Chunk 27
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 stock, subject to the treatment of fractional interests as described below (the “2025 Reverse Split”). Notwithstanding the immediately preceding sentence, no fractional shares will be issued in connection with the combination effected by the preceding sentence. Stockholders of record who otherwi s e would be entitled to receive fractional shares in connection with such combination will instead be entitled to receive, in lieu of such fractional shares, an amou n t in cash equal to the fraction to which the stockholder would otherwise be entitled multiplied by the closing price of our common stock on The Nasdaq Capital Market on the date on which the 2025 Split Effective Time occurs. As of the 2025 Split Effective Time and thereafter, a certificate(s) representing shares of common stock prior to the 2025 Reverse Split is deemed to represent the number of post-2025 Reverse Split s hares into which the pre-2025 Reverse Split sh ares were reclassified and combined. The 2025 Reverse Split shall also apply to any outstanding securities or rights convertible into, or exchangeable or exercisable for, common stock of the Corporation and all references to such common stock in agreements, arrangements, documents and plans r e lating thereto or any option or right to purchase or acquire shares of common stock shall be deemed to be references to the common stock or options or rights to purchase or acquire shares of common stock, as the case may be, after giving effect to the 2025 Reverse Split.” 4. This Certificate of Amendment shall become effective at 12:01 a . m., Eastern Time, on [*] . Annex A-1 ANNEX B AMENDMENT TO THE ALTERNUS CLEAN ENERGY, INC. AMENDED AND
RESTATED 2023 EQUITY INCENTIVE PLAN THIS AMENDMENT (the “ Amendment ”) to the ALTERNUS CLEAN ENERGY, INC. AMENDED AND RESTATED 2023 EQUITY INCENTIVE PLAN , as may be amended from time to time (the “ Plan ”), has been adopted by Alternus Clean Energy, Inc., a Delaware corporation (the “ Company ”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Plan. W I T N E S S E T H : WHEREAS , the Company previously adopted the Plan; WHEREAS , the Plan provides that the board of directors of the Company (the “ Board ”) or the Compensation Committee of the Board may amend the Plan from time to time without the consent of any stockholders or Participants