Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 432

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 432
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 The board or committee is also authorized to construe the award agreements, and may prescribe rules relating to the Plan. Notwithstanding the foregoing, the board or committee does not have any authority to grant or modify an award under the Plan with terms or conditions that would cause the grant, vesting or exercise thereof to be considered nonqualified “deferred compensation” subject to Code Section 409A, unless such award is structured to be exempt from or comply with all requirements of C ode Section 409A . Grant of Awards; Shares Available for Awards.The Plan provides for the grant of stock options, performance share unit awards, restricted stock restricted share unit awards and cash to non -employeedirectors, officers, employees and nonemployee consultants of Terra Innovatum Global N.V. or its affiliates. The aggregate number of ordinary shares reserved and available for grant and issuance under the Plan is10% of the total number of ordinary shares issued and outstanding as of immediately following the consummation of the business combination. Such aggregate number of shares will automatically increase on January 1 of each year for a period of ten years commencing on January1, 2026 and ending on (and including) January1, 2036, in an amount equal to 5% of the total number of shares of Stock outstanding on December 31 of the preceding year (the “Determination Date”); provided, however, that if on any Determination Date, the total number of ordinary shares include ordinary shares issued during the calendar year in which such Determination Date occurs upon conversion of convertible preferred shares in the Company’s share capital (such ordinary shares, the “Conversion Shares”), then on the next following January1, the aggregate number of ordinary shares will automatically increase in an amount equal to the greater of (i) 5% of the total number of ordinary shares outstanding on the Determination Date and (ii) 10% of the total number of such Conversion Shares; provided further, however, that the Board may act prior to January 1 stof a given year to provide that the increase for such year will be a lesser number of shares of Stock. No more than 10% of the total number of ordinary shares issued and outstanding as of immediately following the consummation of the business combination in the aggregate may be issued under the Plan in connection with incentive stock options. Shares shall be deemed to have been issued under the Plan solely to the extent actually issued and delivered pursuant to an award. If any award granted under the Plan expires, is cancelled, or