Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 433

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 433
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 terminates unexercised or is forfeited, the number of shares subject thereto is again available for grant under the Plan. The Plan shall continue in effect, unless sooner terminated, until the tenth (10 th) anniversary of the date on which it is adopted by the board of directors. The board of directors in its discretion may terminate the Plan at any time with respect to any shares for which awards have not theretofore been granted; provided, however, that the Plan’s termination shall not materially and adversely impair the rights of a holder, without the consent of the holder, with respect to any award previously granted. 251 Director Compensation.Any compensation for directors must be determined in accordance with Dutch law and with due observance of the Company’s remuneration policy as adopted by the general meeting of the Company at the proposal of the board. Any proposal with respect to remuneration schemes in the form of shares or rights to subscribe for shares shall be submitted by the board to the general meeting of the Company for its approval. Such proposal shall state at least the maximum number of shares or rights to subscribe for shares that may be granted to directors and the criteria for making or amending such grants. Future new hires and additional non -employeedirectors and/or consultants would be eligible to participate in the Plan as well. The number of stock options and/or shares of restricted or performance share units to be granted to executives and directors cannot be determined at this time as the grant of stock options and/or shares of restricted or performance share units is dependent upon various factors such as hiring requirements and job performance. Stock Options.The Plan provides for either “incentive stock options” (“ISOs”), which are intended to meet the requirements for special federal income tax treatment under Section 422 of the Code, or “nonqualified stock options” (“NSOs”). Stock options may be granted on such terms and conditions as the board or committee may determine, which shall be specified in the option agreement; provided, however, that the per share exercise price under a stock option may not be less than the fair market value of an ordinary share on the date of grant and the term of the stock option may not exceed 10 years (110% of such value and five years in the case of an ISO granted to an employee who owns (or is deemed to own) more than 10% of the total combined voting power of all classes of capital stock of our Company or a parent or subsidiary of our Company). ISOs may only be granted to employees. In addition