Company: SACH
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-042273
Chunk: 68

Company: Sachem Capital Corp.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 68
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, of the Company, as defined in Section 424(e) of the Code. (z) “ Participant ” means an Employee, Director or Consultant who receives an Award under the Plan (and any permitted transferee of an Award or Shares). (aa) “ Performance Goal ” has the meaning set forth in Section 6(c). (bb) “ Person ” means any natural person, entity or “group” (within the meaning of Section 13(d) or 14(d) of the Exchange Act). (cc) “ Plan ” means this Sachem Capital Corp 2025 Omnibus Incentive Plan, as may be amended, modified or restated from time to time. (dd) “ Prior Plan ” means the Sachem Capital Corp. 2016 Equity Compensation Plan, as may be amended from time to time. (ee) “ Post-Termination Exercise Period ” means, with respect to an Option or SAR, the period commencing on the Termination Date and ending on the date specified in the Award Agreement during which the vested portion of the Option or SAR may be exercised. (ff) “ Related Entity ” means any (i) Parent or Subsidiary and (ii) other entity controlling, controlled by or under common control with the Company. (gg) “ Restricted Stock ” means Shares issued under the Plan to the Participant for such consideration, if any, and subject to specified restrictions on transfer, forfeiture provisions and other specified terms and conditions. (hh) “ Restricted Stock Unit ” means a right granted under the Plan entitling the Participant to receive the value of one Share in cash, Shares or a combination thereof. (ii) “ Rule 16b-3 ” means Rule 16b-3 under Section 16(b) of the Exchange Act. A-4 (jj) “ SAR ” means an Award entitling the recipient to receive Shares (or cash, to the extent explicitly provided for in the applicable Award Agreement) having a value equal to the excess of the Fair Market Value of the Shares on the date of exercise over the exercise price of the SAR multiplied by the number of Shares with respect to which the SAR shall have been exercised. (kk) “ Section 409A ” means Section 409A of the Code and the regulations and other guidance promulgated thereunder. (ll) “ Securities Act ” means the Securities Act of 1933, and the rules and regulations promulgated thereunder. (mm) “ Share ” means a share of the common