Company: DLX
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0000027996-25-000107
Chunk: 86

Company: DELUXE CORP
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 86
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 of employment or engagement with the Company or any Affiliate is extended. An Eligible Person must be a natural person.

m. “ Exchange Act ” shall mean the Securities Exchange Act of 1934, as amended.

n. “ Fair Market Value ” of a Share shall be equal to the closing price of one Share on the New York Stock Exchange (“NYSE”) on the relevant date as reported by The Wall Street Journal (or, if such publication is no longer available, such other authoritative source as may be designated by the Committee); provided that if, on such date, the NYSE is not open for business or there are no Shares traded on such date, the Fair Market Value of a Share shall be equal to the closing price of one Share on the first day preceding such date on which the NYSE is open for business and has reported trades in the Shares. With respect to any property other than Shares (including, without limitation, any other securities), the Fair Market Value of such property determined by such methods or procedures as shall be established from time to time by the Committee.

o. “ Incentive Stock Option ” shall mean an option granted under Section 6(a) of the Plan that is intended to meet the requirements of Section 422 of the Code or any successor provision.

p. “ Non‑Qualified Stock Option ” shall mean an option granted under Section 6(a) of the Plan that is not intended to be an Incentive Stock Option.

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q. “ Option ” shall mean an Incentive Stock Option or a Non‑Qualified Stock Option to purchase shares of the Company.

r. “ Other Stock‑Based Award ” shall mean any right granted under Section 6(e) of the Plan.

s. “ Participant ” shall mean an Eligible Person designated to be granted an Award under the Plan.

t. “ Plan ” shall mean the Deluxe Corporation 2022 Stock Incentive Plan, as amended from time to time.

u. “ Prior Plans ” shall mean the Deluxe Corporation 2020 Long‑Term Incentive Plan, 2017 Long‑Term Incentive Plan and any predecessor plans to such plan, as amended from time to time.

v. “ Replacement Equity Securities ” shall mean equity securities that are listed on a national securities exchange (including by use of American Depository Receipts or any similar method) and are freely transferable under all applicable federal and state securities laws and regulations.

w. “ Restricted Stock ” shall mean any Share granted under Section