Company: OMQS
Filing Date: 2025-09-04
Form Type: DEF 14A
Source: 0001493152-25-012645
Chunk: 36

Company: OMNIQ Corp.
Filing Date: 2025-09-04
Form: DEF 14A
Chunk 36
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 Optionee (i) in the form of Common         
 Stock owned by the Optionee (based on the Fair Market Value of the Common Stock which is         
 not the subject of any pledge or security interest, (ii) in the form of shares of Common         
 Stock withheld by the Company from the shares of Common Stock otherwise to be received with      
 such withheld shares of Common Stock having a Fair Market Value equal to the exercise price      
 of the Option, or (iii) by a combination of the foregoing, such Fair Market Value determined     
 by applying the principles set forth in Section 5(a), provided that the combined value of        
 all cash and cash equivalents and the Fair Market Value of any shares surrendered to the         
 Company is at least equal to such exercise price and except with respect to (ii) above, such     
 method of payment will not cause a disqualifying disposition of all or a portion of the Common   
 Stock received upon exercise of an Incentive Option. An Optionee shall have the right to         
 dividends and other rights of a stockholder with respect to shares of Common Stock purchased     
 upon exercise of an Option at such time as the Optionee (i) has given written notice of exercise 
 and has paid in full for such shares, and (ii) has satisfied such conditions that may be         
 imposed by the Company with respect to the withholding of taxes.                                 |

| 26 |

| (d) | Non-transferability                                                                                
 of Options. Options are not transferable and may be exercised solely by the Optionee               
 during his lifetime or after his death by the person or persons entitled thereto under his         
 will or the laws of descent and distribution. The Committee, in its sole discretion, may           
 permit a transfer of a Nonqualified Option to (i) a trust for the benefit of the Optionee,         
 (ii) a member of the Optionee’s immediate family (or a trust for his or her benefit)               
 or (iii) pursuant to a domestic relations order. Any attempt to transfer, assign, pledge           
 or otherwise dispose of, or to subject to execution, attachment or similar process, any Option     
 contrary to the provisions hereof shall be void and ineffective and shall give no right to         
 the purported transferee.                                                                          |
| (e) | Termination                                                                                        
 by Death. Unless otherwise determined by the Committee, if any Optionee’s employment               
 with or service to the Company or any Subsidiary terminates by reason of death, the Option         
 may thereafter be exercised, to the extent