Company: ARAI
Filing Date: 2025-06-17
Form Type: S-1
Source: 0001641172-25-015428
Chunk: 130

Company: Arrive AI Inc.
Filing Date: 2025-06-17
Form: S-1
Chunk 130
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 tax matters (including provisions
covering any applicable withholding requirements), and (z) any other matters not inconsistent with the terms and provisions of the plan
that the committee shall, in its sole discretion, determine. The terms and conditions of the respective award agreements for restricted
stock awards need not be identical.

Restricted Stock Units

A RSU is a unit equivalent in value to a share
credited by means of a bookkeeping entry in the books of the Company which entitles the holder to receive one share of common stock (or
the value thereof) for each RSU after a specified vesting period. The Plan administrator may, from time to time, subject to the provisions
of the Plan and such other terms and conditions as the Plan administrator may prescribe, grant RSUs to any participant in respect of
a bonus or similar payment in respect of services rendered by the applicable participant in a taxation year. The plan administrator shall
have the authority to determine the settlement and any vesting terms applicable to the grant of RSUs, provided that the terms applicable
to RSUs granted to U.S. taxpayers comply with Section 409A of the Internal Revenue Code of 1986 (the “Code”), to the extent
applicable. Upon settlement, holders will redeem each vested RSU for one fully paid and non-assessable share of common stock in respect
of each vested RSU.

Holders of a restricted stock unit Award shall
be entitled to receive either a cash payment equal to the Fair Market Value of one share of Common Stock or one share of Common Stock,
as determined in the sole discretion of the Committee and as set forth in the Award Agreement for the Restricted Stock Unit Award, for
each Restricted Stock Unit subject to such Restricted Stock Unit Award, if the Participant satisfies the applicable vesting requirement.

Performance Unit Awards

The Plan administrator sets forth in the applicable
award agreement for a Performance Unit Award, the performance goals and the performance period to which such performance goals shall
apply which the participant and/or the Company would be required to satisfy before the participant would become entitled to payment,
the number of units awarded to the participant and the dollar value assigned to each such unit. At the time of such award, the Plan administrator
may, in its sole discretion, prescribe additional terms and conditions or restrictions relating to Performance Unit Awards, including,
but not limited to, rules pertaining to the effect of termination of employment, Director status or consultant status prior to expiration
of the applicable performance period.

Stock Appreciation Rights

The Plan administrator