Company: LIDRW
Filing Date: 2025-03-25
Form Type: PREC14A
Source: 0001140361-25-010248
Chunk: 66

Company: AEye, Inc.
Filing Date: 2025-03-25
Form: PREC14A
Chunk 66
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 Value Award
” means any Award settled in Stock, other than (i) an Option, (ii) a Stock Appreciation Right, or (iii) a Restricted Stock Purchase Right or an Other Stock-Based Award under which the Company will receive monetary consideration equal to the Fair Market Value (determined on the effective date of grant) of the shares subject to such Award.

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#### TABLE OF CONTENTS
(t) “

#### Incentive Stock Option
” means an Option intended to be (as set forth in the Award Agreement) and which qualifies as an incentive stock option within the meaning of Section 422(b) of the Code.

(u) “

#### Incumbent Director
” means a director who either (i) is a member of the Board as of the Effective Date or (ii) is elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but excluding a director who was elected or nominated in connection with an actual or threatened proxy contest relating to the election of directors of the Company).

(v) “

#### Insider
” means an Officer, a Director or other person whose transactions in Stock are subject to Section 16 of the Exchange Act.

(w) “

#### Net Exercise
” means a Net Exercise as defined in Section 6.3(b)(iii).

(x) “

#### Nonemployee Director
” means a Director who is not an Employee.

(y) “

#### Nonemployee Director Award
” means any Award granted to a Nonemployee Director.

(z) “

#### Nonstatutory Stock Option
” means an Option not intended to be (as set forth in the Award Agreement) or which does not qualify as an incentive stock option within the meaning of Section 422(b) of the Code.

(aa) “

#### Officer
” means any person designated by the Board as an officer of the Company.

(bb) “

#### Option
” means an Incentive Stock Option or a Nonstatutory Stock Option granted pursuant to the Plan.

(cc) “

#### Other Stock-Based Award
” means an Award denominated in shares of Stock and granted pursuant to Section 11.

(dd) “

#### Ownership Change Event
” means the occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or