Company: JUNS
Filing Date: 2025-11-06
Form Type: DEF 14A
Source: 0001493152-25-020988
Chunk: 63

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-06
Form: DEF 14A
Chunk 63
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 such SAR. SARs granted under the 2025 Plan in substitution or exchange for SARs or awards of another company involved in a corporate transaction with us or a subsidiary will have an exercise price that is intended to preserve the economic value of the award that is replaced. A SAR may be settled in cash, Shares or a combination of cash and Shares, as determined by our Compensation Committee. SARs will become exercisable and expire at the times and on the terms established by our Compensation Committee. The number of Shares covered by each SAR will be determined by our Compensation Committee.

Restricted Stock and Restricted Stock Units

Restricted stock awards are Shares that are awarded to a participant subject to the satisfaction of the terms and conditions established by our Compensation Committee. Until the applicable restrictions lapse, shares of restricted stock will be subject to forfeiture and may not be sold, assigned, pledged or otherwise disposed of by the participant who holds those shares. Restricted stock units will be denominated in units of Shares, except that no Shares are actually issued to the participant on the grant date. When a restricted stock unit award vests, the participant will be entitled to receive common shares, or if our Compensation Committee so provides in the applicable award agreement, a cash payment based on the value of our common shares or a combination of Shares and cash. Vesting of restricted stock awards and restricted stock units may be based on continued employment or service and/or satisfaction of performance goals or other conditions established by our Compensation Committee. Subject to the other terms of the 2025 Plan, our Compensation Committee may permit a recipient of restricted stock to have the rights and privileges of a stockholder during the restriction period, including the right to receive any dividends, which may be subject to the same restrictions as the restricted stock. A recipient of restricted stock units will have none of the rights of a stockholder unless and until Shares are actually delivered to the recipient. The number of shares of restricted stock, and Shares covered by restricted stock unit awards (as well as performance unit awards, performance share awards, cash-based awards and other stock-based awards (as described below)) granted to a participant will be determined by our Compensation Committee. Upon termination of employment or service, or failure to satisfy other vesting conditions, a participant’s unvested shares of restricted stock and unvested restricted stock units are forfeited unless the participant’s award agreement, or our Compensation Committee, provides otherwise.

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Performance Units, Performance Shares and Cash-Based Awards

Performance units, performance shares and cash-based awards granted to a participant under