Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 283

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 283
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 awards under the Equity Incentive Plan.

As of [●],
2025, the closing stock price of a share of FutureTech II Acquisition Corp. was $[●] per share.

Annual Director Limits

A non-employee
director of FutureTech may not be granted awards in respect of such service as a non- employee director under the Equity Incentive Plan
during any calendar year that, when aggregated with such non-employee director’s cash fees received with respect to such calendar
year, exceed $750,000 in total value; provided, however, that the non-employee directors who are considered independent (under the rules
of Nasdaq or other securities exchange on which the FutureTech Common Stock is traded) may make exceptions to this limit for a non-executive
chair of the board of directors, if any, in which case the non-employee director receiving such additional compensation may not participate
in the decision to award such compensation.

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Administration

The Equity Incentive
Plan will be administered by a committee of at least two members of the board of directors as the board of directors may appoint, or if
no such committee has been appointed by the FutureTech board of directors, then the Equity Incentive Plan will be administered by the
board of directors (the “Committee”). The Committee may interpret the Equity Incentive Plan and may prescribe, amend and rescind
rules and make all other determinations necessary or desirable for the administration of the Equity Incentive Plan.

The Equity Incentive
Plan permits the Committee to select the eligible recipients who will receive awards, to determine the terms and conditions of those awards,
including but not limited to the exercise price or other purchase price of an award, the number of shares of FutureTech Common Stock or
cash or other property subject to an award, the term of an award and the vesting schedule applicable to an award, and to amend the terms
and conditions of outstanding awards. All decisions made by the Committee pursuant to the provisions of the Equity Incentive Plan will
be final, conclusive and binding on all persons.

Eligible Participants

Each of the directors,
officers, employees, consultants, and advisors (or prospective directors, officers, employees, consultants and advisors) of FutureTech
or any of its affiliates are eligible to participate in the Equity Incentive Plan, provided that they have been selected by the Committee
to receive awards under the Equity Incentive Plan. However, no such employee covered by