Company: NTWK
Filing Date: 2025-04-16
Form Type: PRE 14A
Source: 0001641172-25-005001
Chunk: 31

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-04-16
Form: PRE 14A
Chunk 31
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 annually or cumulatively over a
period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison
group, in each case as specified by the Committee which may include the following: Awards other than Options and SARs made pursuant to
the Plan may be made subject to the attainment of performance goals relating to one or more: (a) cash flow; (b) earnings (including gross
margin, earnings before interest and taxes (“EBIT”), earnings before taxes (“EBT”), earnings before interest, taxes,
depreciation, amortization and stock option expense (“EBITDASO”), and net earnings); (c) ethical conduct; (d) market share;
(e) earnings per share; (f) growth in earnings or earnings per share; (g) stock price; (h) return on equity or average shareholders’ equity;
(i) total shareholder return; (j) return on capital; (k) return on assets or net assets; (l) return on investment; (m) revenue; (n) income
or net income; (o) operating income or net operating income; (p) operating profit or net operating profit; (q) operating margin; (r) return
on operating revenue; (s) overhead or other expense reduction; (t) growth in shareholder value relative to the two-year moving average
of the S&P 500 Index; (u) growth in shareholder value relative to the two-year moving average of the Dow Jones Industrial Average;
(v) credit rating; (w) strategic plan development and implementation; (x) succession plan development and implementation; (y) retention
of executive talent; (z) improvement in workforce diversity; (aa) return on average shareholders’ equity relative to the ten year treasury
yield; (bb) capital resource management plan development and implementation; (cc) improved internal financial controls plan development
and implementation; (dd) corporate tax savings; (ee) corporate cost of capital reduction; (ff) investor relations program development
and implementation; (gg) corporate relations program development and implementation; (hh) executive performance plan development and implementation;
and (ii) tax provision rate for financial statement purposes. The Committee may adjust the performance results to take into account extraordinary,
unusual, non-recurring, or non-comparable items. No award of restricted stock, deferred stock or other awards granted under our 2025 Plan
(other than stock options and stock appreciation rights