Company: LRHC
Filing Date: 2025-07-21
Form Type: DEF 14C
Source: 0001213900-25-065863
Chunk: 45

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-21
Form: DEF 14C
Chunk 45
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 that
would have been attained upon the exercise of such Award or realization of the Participant’s rights as of the date of the occurrence
of the transaction (and, for the avoidance of doubt, if as of the date of the occurrence of the transaction the Administrator determines
in good faith that no amount would have been attained upon the exercise of such Award or realization of the Participant’s rights,
then such Award may be terminated by the Company without payment), or (B) the replacement of such Award with other rights or property
selected by the Administrator in its sole discretion; or (v) any combination of the foregoing. In taking any of the actions permitted
under this subsection (c), the Administrator will not be obligated to treat all Awards, all Awards held by a Participant, or all Awards
of the same type, similarly.

In the event that the Successor Corporation does
not assume or substitute for the Award, the Participant will fully vest in and have the right to exercise all of his or her outstanding
Options and Stock Appreciation Rights, including Shares as to which such Awards would not otherwise be vested or exercisable, all restrictions
on Restricted Stock will lapse, and, with respect to Restricted Stock Units, Performance Shares and Performance Units, all Performance
Goals or other vesting criteria will be deemed achieved at target levels and all other terms and conditions met. In addition, if an Option
or Stock Appreciation Right is not assumed or substituted for in the event of a Change in Control, the Administrator will notify the Participant
in writing or electronically that the Option or Stock Appreciation Right will be fully vested and exercisable for a period of time determined
by the Administrator in its sole discretion, and the Option or Stock Appreciation Right will terminate upon the expiration of such period.

<div align='center'>22</div>

For the purposes of this subsection (c), an Award
will be considered assumed if, following the Change in Control, the Award confers the right to purchase or receive, for each Share subject
to the Award immediately prior to the Change in Control, the consideration (whether stock, cash, or other securities or property) or,
in the case of a Stock Appreciation Right upon the exercise of which the Administrator determines to pay cash or a Performance Share or
Performance Unit which the Administrator can determine to pay in cash, the fair market value of the consideration received in the merger
or Change in Control by holders of Common Stock for each Share held on the effective date of the transaction (and if holders were