Company: CXAI
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001829126-25-002457
Chunk: 50

Company: CXApp Inc.
Filing Date: 2025-04-08
Form: 424B3
Chunk 50
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 of all classes of our outstanding stock, the term of an incentive stock option granted to such participant must not exceed five years and the exercise price must equal at least 110% of the fair market value on the date of grant. The administrator will determine the methods of payment of the exercise price of an option, which may include cash, shares or other property acceptable to the administrator, as well as other types of consideration permitted by applicable law. After a participant ceases to provide service as an employee, director or consultant, he or she may exercise his or her option for the period of time stated in his or her award agreement. In the absence of a specified time in an award agreement, if the cessation of service is due to death or disability, the option will remain exercisable for 12 months. In all other cases, in the absence of a specified time in an award agreement, the option will remain exercisable for three months following the cessation of service. An option may not be exercised later than the expiration of its term. Subject to the provisions of the Incentive Plan, the administrator determines the other terms of options.

Stock Appreciation Rights.
Stock appreciation rights may be granted under the Incentive Plan. Stock appreciation rights allow the recipient to receive the appreciation
in the fair market value of common stock between the exercise date and the date of grant. Stock appreciation rights will expire upon the
date determined by the administrator and set forth in the award agreement. After a participant ceases to provide service as an employee,
director or consultant, he or she may exercise his or her stock appreciation right for the period of time stated in his or her award agreement.
In the absence of a specified time in an award agreement, if cessation of service is due to death or disability, the stock appreciation
rights will remain exercisable for 12 months. In all other cases, in the absence of a specified time in an award agreement, the stock
appreciation rights will remain exercisable for three months following the cessation of service. However, in no event may a stock
appreciation right be exercised later than the expiration of its term. Subject to the provisions of the Incentive Plan, the administrator
determines the other terms of stock appreciation rights, including when such rights become exercisable and whether to pay any increased
appreciation in cash, shares of common stock or a combination thereof, except that the per share exercise price for the shares to be issued
pursuant to the exercise of a stock appreciation right will