Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 839

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 839
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 substitution or assumption will be permissible if the holder of the Substitute Grant would have been eligible to be granted a Grant under the Plan if the other company had applied the rules of the Plan to such grant. The Exercise Price and the number and nature of Shares issuable upon exercise or settlement of any such Substitute Grant will be adjusted appropriately pursuant to Section 424(a) of the Code and/or Section 409A of the Code, as applicable. 14.Administration. 14.1 Committee Authority . The Plan will be administered by the Committee or by the Board acting as the Committee. Subject to the general purposes, terms and conditions of the Plan and any charter adopted by the Board governing the actions of the Committee, the Committee will have full power to implement and carry out the Plan. Without limitation, the Committee will have the authority to, subject to the preceding sentence: (a)construe and interpret the Plan, any Grant Agreement and any other agreement or document executed pursuant to the Plan; (b)prescribe, amend, expand, modify and rescind or terminate rules and regulations relating to the Plan or any Grant (including the terms or conditions of any Grant); (c)approve persons to receive Grants; (d)determine the form, terms and conditions of Grants; (e)determine the number of Shares or other consideration subject to Grants; Annex G-10 (f)determine the Fair Market Value in good faith and interpret the applicable provisions of the Plan and the definition of Fair Market Value in connection with circumstances that impact the Fair Market Value, if necessary; (g)determine whether Grants will be granted singly, in combination with, in tandem with, in replacement of or as alternatives to, other Grants under the Plan or awards under any other incentive or compensation plan of the Company or any Affiliate; (h)grant waivers of any conditions of the Plan or any Grant; (i)determine the vesting, exercisability and payment of Grants; (j)correct any defect, supply any omission or reconcile any inconsistency in the Plan, any Grant or any Grant Agreement; (k)determine whether a Grant has been earned or has vested; (l)determine the terms and conditions of any and to institute any Exchange Program; (m)adopt or revise rules and/or procedures (including the adoption or revision of any subplan under the Plan) relating to the operation and administration of the Plan to facilitate compliance with requirements of local law and procedures outside the United States, (provided that Board approval will not be necessary for immaterial