Company: CXAI
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001829126-25-002457
Chunk: 52

Company: CXApp Inc.
Filing Date: 2025-04-08
Form: 424B3
Chunk 52
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 to participants. The administrator may set performance objectives based upon the achievement of
company-wide, divisional, business unit or individual goals (including continued employment or service), applicable federal or state securities
laws, or any other basis determined by the administrator in its discretion. After the grant of a performance unit or performance share,
the administrator, in its sole discretion, may reduce or waive any performance objectives or other vesting provisions for such performance units
or performance shares. Performance units will have an initial dollar value established by the administrator on or prior to the date
of grant. Performance shares will have an initial value equal to the fair market value of common stock on the date of grant. The administrator,
in its sole discretion, may pay earned performance units or performance shares in the form of cash, in shares, or in some combination
thereof.

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Non-Employee Directors. The Incentive Plan provides that all outside (non-employee) directors will be eligible to receive all types of awards (except for incentive stock options) under the Incentive Plan.

Non-Transferability of Awards. Unless the administrator provides otherwise, the Incentive Plan does not generally allow for the transfer of awards
and only the recipient of an award may exercise an award during his or her lifetime. If the administrator makes an award transferrable,
such award will contain such additional terms and conditions as the administrator deems appropriate.

Certain Adjustments.
In the event of certain changes in the Company’s capitalization, to prevent diminution or enlargement of the benefits or potential
benefits intended to be made available under the Incentive Plan, the administrator will adjust the number and class of shares that may
be delivered under the Incentive Plan and/or the number, class and price of shares covered by each outstanding award, and the numerical
share limits set forth in the Incentive Plan.

Dissolution or Liquidation.
In the event of the Company’s proposed dissolution or liquidation, the administrator will notify participants as soon as practicable
prior to the effective date of such proposed transaction and all awards will terminate immediately prior to the consummation of such proposed
transaction.

Merger or Change in Control. The Incentive Plan provides that in the event of the Company’s merger with or into another corporation or entity
or a change in control (as defined in the Incentive Plan), each outstanding award will be treated as the administrator determines, including,
without limitation, that (i) awards