Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 97

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 97
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 hereon, or arising out of, under, or in connection with, this Plan.

(p)Severability.
If any provision of the Plan or any Award or Award agreement is or becomes or is deemed to be invalid, illegal, or unenforceable in any
jurisdiction or as to any person or entity or Award, or would disqualify the Plan or any Award under any law deemed applicable by the
Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed
amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provision shall
be construed or deemed stricken as to such jurisdiction, person or entity or Award and the remainder of the Plan and any such Award shall
remain in full force and effect.

(q)Obligations Binding on Successors. The obligations of the Company under the Plan shall be binding upon any successor corporation or organization
resulting from the merger, amalgamation, consolidation or other reorganization of the Company, or upon any successor corporation or organization
succeeding to substantially all of the assets and business of the Company.

(r)Code Section 409A.

(i)Notwithstanding
any provision of this Plan to the contrary, all Awards made under this Plan are intended to be exempt from or, in the alternative, comply
with Code Section 409A and the interpretive guidance thereunder, including the exceptions for stock rights and short-term deferrals. The
Plan shall be construed and interpreted in accordance with such intent. Each payment under an Award shall be treated as a separate payment
for purposes of Code Section 409A.

(ii)If
a Participant is a “specified employee” (as such term is defined for purposes of Code Section 409A) at the time of his or
her termination of service, no amount that is Non-Qualified deferred compensation subject to Code Section 409A and that becomes payable
by reason of such termination of service shall be paid to the Participant (or in the event of the Participant’s death, the Participant’s
representative or estate) before the earlier of (x) the first business day after the date that is six months following the date of the
Participant’s termination of service, and (y) within thirty (30) days following the date of the Participant’s death. For purposes
of Code Section 409A, a termination of service shall be deemed to occur only if