Company: IMXI
Filing Date: 2025-05-12
Form Type: DEFR14A
Source: 0001683695-25-000065
Chunk: 92

Company: International Money Express, Inc.
Filing Date: 2025-05-12
Form: DEFR14A
Chunk 92
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 income, with an additional 20% tax, at the time it becomes vested (even if the vesting date is prior to settlement of the award), if the award constitutes “deferred compensation” under section 409A of the Code, and the requirements of section 409A of the Code are not satisfied.

Section 162(m) of the Code generally disallows a publicly-held corporation’s tax deduction for compensation paid to its principal executive officer, principal financial officer or any of its three other most highly compensated officers, in excess of $1,000,000 in any year. Under the Tax Cuts and Jobs Act enacted in December 2017, there is no longer an exclusion for performance-based compensation, whether pursuant to a plan such as the A&R 2020 Plan or otherwise.

We have the right to require that grantees pay to us an amount necessary to satisfy our federal, state or local tax withholding obligations with respect to grants under the A&R 2020 Plan. We may withhold from amounts payable under the A&R 2020 Plan or other compensation an amount necessary to satisfy tax withholding obligations. The Administrator may permit a grantee to satisfy the withholding obligation by having shares withheld from payment of a grant, provided that the number of shares

| 76 |     | 2025 Proxy Statement |

| PROXY STATEMENT                                                                                    |
| PROPOSAL FOUR - APPROVAL OF AMENDMENT AND RESTATEMENT OF THE 2020 OMNIBUS EQUITY COMPENSATION PLAN |

withheld does not exceed the minimum applicable tax withholding (or such other rate that will not trigger a negative accounting impact) for federal, state and local tax liabilities. The Administrator may permit a grantee to satisfy our withholding obligation that exceeds the minimum applicable withholding rate by transferring to us previously acquired shares of common stock .

Effective Date; Term.

The A&R 2020 Plan, which was originally effective as of June 26, 2020, was approved by our board of directors on April 28, 2025 and will be effective on June 20, 2025, the date of the 2025 Annual Meeting, subject to the approval of the A&R 2020 Plan by our stockholders. No shares will be issued in satisfaction of awards in excess of the shares approved for issuance under the 2020 Plan unless and until the A&R 2020 Plan is approved by our stockholders. In addition, no award will be granted under the A&R 2020 Plan on or after