Company: NTWK
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001641172-25-007993
Chunk: 75

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 75
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 Signature: |                      |
|            | Najeeb Ghauri,       
 CEO                  |
| Signature: |                      |
|            | Patti                
 McGlasson, Secretary |

| 58 |

<div align='center'>Appendix B

NETSOL TECHNOLOGIES, INC.

2025 EQUITY INCENTIVE PLAN

ARTICLE I

PURPOSE</div>

1.1 General.

The purpose of the NetSol Technologies,
Inc. 2025 Equity Incentive Plan (the “Plan”) is to promote the success, and enhance the value, of NetSol Technologies, Inc.
(the “Company”), by linking the personal interests of its qualified directors, officers, employees and consultants to those
of Company shareholders and by providing its qualified directors, officers, employees and consultants with an incentive for outstanding
performance. The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract, and retain the services
of employees upon whose judgment, interest, and special effort the successful conduct of the Company’s operation is largely dependent.
Accordingly, the Plan permits the grant of incentive awards from time to time to selected directors, officers, employees and consultants
of the Company and its subsidiaries.

<div align='center'>ARTICLE 2

EFFECTIVE DATE</div>

2.1 Effective Date.

The Plan will become effective
on June 24, 2025, subject to approval by the shareholders of the Company. The Plan will be deemed to be approved by the shareholders
if it receives the approval of the holders of a majority of the shares of stock of the Company in accordance with the applicable provisions
of the Laws of the State of Nevada and the Bylaws of the Company. Any Awards granted under the Plan prior to shareholder approval are
effective when made (unless the Committee specifies otherwise at the time of grant), but no Award may be exercised or settled and no
restrictions relating to any Award may lapse before shareholder approval. If the shareholders fail to approve the Plan within twelve
(12) months of June 24, 2026, any Award previously made pursuant to the Plan shall be automatically canceled without any
further act.

<div align='center'>ARTICLE 3

DEFINITIONS</div>

3.1 Definitions.

When appearing in this Plan with the initial letter capitalized, and the word or phrase does not commence a sentence, the word or phrase shall generally be given the meaning ascribed to it in this Section or in Sections 1.1 or