Company: OSRH
Filing Date: 2025-08-19
Form Type: PRE 14A
Source: 0001213900-25-078140
Chunk: 32

Company: OSR Holdings, Inc.
Filing Date: 2025-08-19
Form: PRE 14A
Chunk 32
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 Option Sub-Plan shall be
non-qualified stock options (unless otherwise specified) and shall have an exercise price equal to the fair market value (FMV) of a share
of Common Stock on the date of grant. The two alternative vesting schedules shall be as follows:

Default Vesting Schedule:

| - | 4-year vesting with a 1-year cliff; thereafter, monthly vesting 
 in equal installments over the remaining 36 months.             |

Accelerated Vesting Schedule (Employees and Board Members only):

Upon closing of a Business Development transaction
by any Company subsidiary that results in a definitive agreement with a total contracted value:

| - | ≥ $300M: 30% of then-unvested options become vested. |

| - | ≥ $500M: 50% of then-unvested options become vested. |

| - | ≥ $750M: 75% of then-unvested options become vested. |

| - | ≥ $1B: 100% of then-unvested options become vested. |

All unvested options shall be forfeited upon the participant’s
termination. Vested options shall remain exercisable in accordance with the terms of the grant agreement unless subject to any clawback,
recoupment, or forfeiture policy of the Company, which may be in effect from time to time, including as required by applicable law or
stock exchange rules.

Anything else notwithstanding, the Options Sub-Plan is intended
to comply in all respects with the Omnibus Plan and shall be interpreted as consistent with that intent. In the event of any conflict
between the terms of the RSU Sub-Plan and the Omnibus Plan, the terms of the Omnibus Plan shall govern.

Material U.S. Federal Income Tax Consequences

The following is a summary of the principal U.S. federal
income tax consequences of awards under the Company’s 2025 Omnibus Plan to participants and to the Company. This summary is based
on the Internal Revenue Code of 1986, as amended (the “Code”), applicable Treasury regulations, administrative guidance, and
judicial decisions in effect as of the date of this proxy statement. Changes in these laws or interpretations may affect the tax consequences
described below.

This summary does not purport to be complete and does not
address all aspects of U.S. federal income taxation that may be relevant to particular participants in light of their individual circumstances
or to participants subject to special rules (e.g., certain expatriates,