Company: MITN
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001514281-25-000033
Chunk: 67

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 67
---
 be determined by the Committee, subject to the following:

(1) In the case of an Incentive Stock Option:

(A) granted to an employee of the Company or any Parent or Subsidiary who, at the time the Incentive Stock Option is granted, owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary, the exercise price per Common Stock must be no less than one hundred ten percent (110%) of the Fair Market Value per shares of Common Stock on the date of grant.

(B) granted to any employee of the Company or any Parent or Subsidiary other than an employee described in paragraph (A) immediately above, the exercise price per Common Stock must be not less than one hundred percent (100%) of the Fair Market Value per Common Stock on the date of grant.

(2) In the case of a Nonqualified Stock Option, the exercise price per Common Stock will be determined by the Committee, but must not be less than the Fair Market Value per Common Stock on the date of grant unless the terms of such Nonqualified Stock Option comply with Section 409A of the Code.

(3) Notwithstanding the foregoing, Options may be granted with an exercise price per Common Stock that is less than one hundred percent (100%) of the Fair Market Value per

<div align='center'>-53-</div>

Common Stock on the date of grant pursuant to a transaction described in, and in a manner consistent with, Section 424(a) of the Code.

(ii) Waiting Period and Exercise Dates . At the time an Option is granted, the Committee will fix the period within which the Option may be exercised and will determine any conditions that must be satisfied before the Option may be exercised. The Committee may, in its sole discretion, accelerate the satisfaction of such conditions at any time.

(d) Form of Consideration . The Committee will determine the acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Committee will determine the acceptable form of consideration at the time of grant. Such consideration, to the extent permitted by Applicable Laws, may consist entirely of:

(i) cash or cash equivalents;

(ii) check;

(iii) in the discretion of the Committee, surrendering or attesting to the ownership of shares of Common Stock that are already owned by the Participant that meet the conditions established by the Committee to avoid adverse accounting consequences,