Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 3063

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 9C
Chunk 3063
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 administrator of the plan no later than the last day of the immediately preceding fiscal year. As a result, subject to adjustment
in connection with the payment of a stock dividend, a stock split or subdivision or combination of the shares of Common Stock, or a reorganization
or reclassification of the Company’s Common Stock, currently the maximum aggregate number of shares of Common Stock which may be
issued pursuant to awards under the 2022 Plan is 12,500,000 shares.

If shares of Common Stock
subject to an option or performance award granted under the 2022 Plan expire or otherwise terminate without being exercised (or exercised
in full), such shares will become available again for grants under the 2022 Plan. If shares of restricted stock awarded under the 2022
Plan are forfeited to us or repurchased by us, the number of shares forfeited or repurchased shall not again be available under the 2022
Plan. Similarly, any shares cancelled in cashless exercises are not available for re-issuance under the 2022 Plan. 

The Company cannot determine
the amounts of awards that will be granted or allocated under the 2022 Plan or the benefits of any awards to the executive officers and
directors of the Company or employees who are not executive officers as a group. Under the terms of the 2022 Plan, the number of awards
to be granted is within the discretion of the Compensation Committee. The Compensation Committee may issue options, shares of restricted
stock, restricted stock units or other awards under the 2022 Plan for such consideration as determined in their sole discretion, subject
to applicable law.

Since the date it was approved
by the Board of Directors and the sole stockholder, we have issued 4,525,310 stock options, 594,000 shares of restricted stock, and 125,502
restricted stock units to certain of our agents, consultants and employees.

Pricing; Vesting; Expiration.
The Compensation Committee, in its sole discretion, will determine the exercise price of any options granted under the 2022 Plan which
exercise price will be outlined in an agreement evidencing the option, provided, however, that at no time will the exercise price be less
than the par value per share of the Company’s Common Stock. Also, the exercise price of incentive stock options may not be less
than the fair market value of the Common Stock subject to the option on the date of the grant and, in some cases, may not be