Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 735

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 735
---
 Share Unit shall be entitled to receive Ordinary Shares or a cash payment equal to the Fair Market Value of a Ordinary Share, or one Ordinary Share, as determined in the sole discretion of the Committee and as set forth in the Award Agreement, for each Retention Restricted Share Unit subject to such Retention Restricted Share Unit, if the Participant satisfies the applicable vesting requirement. Such distribution shall be made no later than by the fifteenth (15 th ) day of the third (3 rd ) calendar month next following the end of the calendar year in which the Retention Restricted Share Unit first becomes vested (i.e., no longer subject to a “substantial risk of forfeiture”). Annex G-10 Article 8. Performance Share Units 8.1 Award . A Performance Share Unit shall constitute a promise to grant Shares (or cash equal to the Fair Market Value of Shares) to the Participant at the end of a specified Performance Period subject to achievement of specified Performance Goals. At the time a Performance Share Unit is made, the Committee shall establish the Performance Period and applicable Performance Goals based on selected Performance Criteria. Each Performance Share Unit may have different Performance Goals, in the discretion of the Committee. A Performance Share Unit shall not constitute an equity interest in the Company and shall not entitle the Participant to voting rights, dividends or any other rights associated with ownership of Ordinary Shares unless and until the Participant shall receive a distribution of Ordinary Shares pursuant to Section 8.3. 8.2 Terms and Conditions . At the time any Award is made under this Article 8, the Company and the Holder shall enter into a Award Agreement setting forth each of the matters contemplated thereby and such other matters as the Committee may determine to be appropriate. The Committee shall set forth in the applicable Award Agreement the Performance Period, selected Performance Criteria and Performance Goals which the Participant and/or the Company would be required to satisfy before the Participant would become entitled to the receipt of Ordinary Shares pursuant to such Participant’s Performance Share Unit and the number of Ordinary Shares subject to such Performance Share Unit. Such distribution shall be subject to a “substantial risk of forfeiture” under Section 409A. If such Performance Goals are achieved, the distribution of Ordinary Shares (or the payment of cash, as determined in the sole discretion of the Committee), shall be made in accordance with Section 8.3, below. At the time of such Award, the Committee may, in its sole discretion, prescribe additional terms and conditions or restrictions relating to Performance Share Unit, including, but not limited to, rules pertaining to