Company: OMQS
Filing Date: 2025-08-22
Form Type: PRE 14A
Source: 0001641172-25-025256
Chunk: 33

Company: OMNIQ Corp.
Filing Date: 2025-08-22
Form: PRE 14A
Chunk 33
---
 selected by the Company, or as determined by the Committee in       
 a manner consistent with the provisions of the Code. Anything in this Section 5(a) to the        
 contrary notwithstanding, in no event shall the purchase price of a share of Common Stock        
 be less than the minimum price permitted under the rules and policies of any national securities 
 exchange on which the shares of Common Stock are listed.                                         |
| (b) | Option                                                                                           
 Term. The term of each Option shall be fixed by the Committee, but no Option shall be            
 exercisable more than ten years after the date such Option is granted and in the case of         
 an Incentive Option granted to an Optionee who, at the time such Incentive Option is granted,    
 owns (within the meaning of Section 424(d) of the Code) more than 10% of the total combined      
 voting power of all classes of stock of the Company or of any Subsidiary, no such Incentive      
 Option shall be exercisable more than five years after the date such Incentive Option is         
 granted.                                                                                         |

| 25 |

(c) Exercisability. Subject to Section 5(j) hereof, Options shall be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Committee at the time of grant; provided, however, that in the absence of any Option vesting periods designated by the Committee at the time of grant, Options shall vest and become exercisable as to one-third of the total number of shares subject to the Option on each of the first, second and third anniversaries of the date of grant; and provided further that no Options shall be exercisable until such time as any vesting limitation required by Section 16 of the Exchange Act, and related rules, shall be satisfied if such limitation shall be required for continued validity of the exemption provided under Rule 16b-3(d)(3).

Upon the occurrence of a “Change in Control” (as hereinafter defined), the Committee may accelerate the vesting and exercisability of outstanding Options, in whole or in part, as determined by the Committee in its sole discretion. In its sole discretion, the Committee may also determine that, upon the occurrence of a Change in Control, each outstanding Option shall terminate within a specified number of days after notice to the Optionee thereunder, and each such Optionee shall receive, with respect to each share of Common Stock subject to such Option, an amount equal to