Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 26

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 26
---
 that will be paid at the time that shares in respect
of the related RSUs are delivered to the participant.

Options

Options to acquire AppTech
Common Stock may be granted under the 2025 Plan. Options may be in the form of non-qualified options or “incentive stock options”
within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, as set forth in the applicable individual option award
agreement. The maximum number of shares that may be granted pursuant to options intended to be incentive stock options under the 2025
Plan is equal to the Initial Share Limit (subject to adjustment in accordance with the terms of the 2025 Plan). The Committee will determine
the exercise price of all options granted under the 2025 Plan, but in no event may the exercise price be less than 100% of the fair market
value of the underlying AppTech Common Stock on the date of grant (other than options granted in substitution or previously granted awards,
as defined in the 2025 Plan). The Committee will determine the maximum term of all options granted under the 2025 Plan, but it may not
exceed 10 years. Each option will vest and become exercisable (including in the event of the optionee’s termination of employment
or service) at such time and subject to such terms and conditions as determined by the Committee and set forth in the applicable individual
option agreement.

| 18 |

Stock Appreciation Rights

SARs may be granted under
the 2025 Plan either alone or in conjunction with all or part of any option granted under the 2024 Plan. A SAR granted under the 2025
Plan entitles its holder to receive, at the time of exercise, an amount per share equal to the excess of the fair market value (as of
the exercise date) of an AppTech Class A Common Share over the base price of the SAR. A SAR granted in conjunction with all or part of
an option under the 2025 Plan entitles its holder to receive, at the time of exercise of the SAR and surrender of the related option,
an amount per share equal to the excess of the fair market value (at the date of exercise) of an AppTech Class A Common Share over the
exercise price of the related option. Each SAR will be granted at a base price that is not less than 100% of the fair market value of
the related AppTech Common Stock on the date of grant (