Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 285

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 285
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by the Committee, but in no event may the exercise price be less than 100% of the fair market value of the underlying shares of FutureTech
Common Stock on the date of grant (other than options granted as substitute awards, as defined in the Equity Incentive Plan). The maximum
term of all options granted under the Equity Incentive Plan will be determined by the Committee, but may not exceed ten years or, in the
case of incentive stock options granted to certain stockholders, five years. Each option will vest and become exercisable (including in
the event of the optionee’s termination of employment or service) at such time and subject to such terms and conditions as determined
by the Committee and set forth in the applicable individual option agreement.

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Stock Appreciation Rights

SARs may be granted
under the Equity Incentive Plan either alone or in conjunction with all or part of any option granted under the Equity Incentive Plan.
A SAR granted under the Equity Incentive Plan entitles its holder to receive, at the time of exercise, an amount per share equal to the
excess of the fair market value (at the date of exercise) of a share of FutureTech Common Stock over the base price of the SAR. A SAR
granted in conjunction with all or part of an option under the Equity Incentive Plan entitles its holder to receive, at the time of exercise
of the SAR and surrender of the related option, an amount per share equal to the excess of the fair market value (at the date of exercise)
of a share of FutureTech Common Stock over the exercise price of the related option. Each SAR will be granted with a base price that is
not less than 100% of the fair market value of the related shares of FutureTech Common Stock on the date of grant (other than SARs granted
as substitute awards). The maximum term of all SARs granted under the Equity Incentive Plan will be determined by the Committee, but may
not exceed ten years. The Committee may determine to settle the exercise of a SAR in shares of FutureTech Common Stock, cash, or any combination
thereof, as set forth in the underlying award agreement.

Each SAR will
vest and become exercisable (including in the event of the SAR holder’s termination of employment or service under certain circumstances)
at such time and subject to such terms and conditions as determined by the Committee and set forth in in the applicable individual SAR
agreement.