Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 905

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1C
Chunk 905
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 at the time of the grant, owns (or is deemed to own) stock possessing more than
10% of the total combined voting power of our Company or any affiliate of our Company unless the exercise price is at least 110% of the
fair market value of the stock subject to the option on the date of grant and the term of the option does not exceed five years from the
date of grant.

Administration. The
Plan will be administered by the Compensation Committee of the Board of Directors. The Compensation Committee will have the exclusive
right to interpret and construe the 2022 Plan, to select the eligible persons who shall receive an award, and to act in all matters pertaining
to the grant of an award and the determination and interpretation of the provisions of the related award agreement, including, without
limitation, the determination of the number of shares subject to stock options and the option period(s) and option price(s) thereof, the
number of shares of restricted stock or shares subject to stock awards or performance shares subject to an award, the vesting periods
(if any) and the form, terms, conditions and duration of each award, and any amendment thereof consistent with the provisions of the 2022
Plan.

Shares Subject to the 2022
Plan. Under the Original 2022 Plan, subject to adjustment in connection with the payment of a stock dividend, a stock split or subdivision
or combination of the shares of Common Stock, or a reorganization or reclassification of the Common Stock, the maximum aggregate number
of shares of Common Stock which may be issued pursuant to awards under the plan was 5,000,000 shares (as adjusted for the 1-for-10 reverse
stock split of the Common Stock as of March 21, 2022 and adjusted for the 2-for-1 forward stock split of the Common Stock as of April
17, 2023).

Under the 2022 Plan, as of November 19, 2024, the total number of shares
of Common Stock subject to the plan was increased to 12,000,000 shares to ensure sufficient shares are available for future grants. 2022
Plan also provides that an automatic share reserve increase shall be included into the plan, providing that the number of shares available
for issuance under the plan will be increased on the first day of each fiscal year beginning with the 2025 fiscal year, in an amount equal
to the least of (a) 500,000 shares, (b