Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 96

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 96
---
, except that insofar as they may have become entitled to payment of additional compensation by performance of services,
they shall have the same rights as other employees under general law.

| 61 |

(m)Reliance on Reports. Each member of the Committee and each member of the Board shall be fully justified in acting or failing to act, as
the case may be, and shall not be liable for having so acted or failed to act in good faith, in reliance upon any report made by the independent
public accountant of the Company and its Affiliates and/or any other information furnished in connection with the Plan by any agent of
the Company or the Committee or the Board, other than himself.

(n)Relationship to Other Benefits. No payment under the Plan shall be taken into account in determining any benefits under any pension, retirement,
profit sharing, group insurance or other benefit plan of the Company except as otherwise specifically provided in such other plan.

(o)Governing Law. The Plan shall be governed by and construed in accordance with the internal laws of the State of California applicable to
contracts made and performed wholly within the State of California, without giving effect to the conflict of laws provisions thereof.
Each party hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the state and
federal courts seated in San Diego, California (and any appellate courts thereof) in any action or proceeding arising out of or relating
to this Plan, and each of the parties hereby irrevocably and unconditionally (a) agrees not to commence any such action or proceeding
except in such courts, (b) agrees that any claim in respect of any such action or proceeding may be heard and determined in such court,
(c) waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying
of venue of any such action or proceeding in any such court, and (d) waives, to the fullest extent permitted by law, the defense of an
inconvenient forum to the maintenance of such action or proceeding in any such court. Each party agrees that a final judgment in any such
action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided
by law. Each party hereby knowingly, voluntarily and intentionally irrevocably waives the right to a trial by jury in respect to any litigation,
dispute, claim, legal action or other legal proceeding based