Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 373

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 373
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 the awards of options, restricted shares, restricted share units or other equity incentive awards pursuant to the authorizations of the administrator under the 2025 Share Incentive Plan. Plan Administration.World Media and Entertainment Universal Inc.’s board of directors or a committee of one or more members of the board (or such other administrator to which such committee delegates all of its authority) administers the 2025 Share Incentive Plan. The administrator of 2025 Share Incentive Plan determines, among other things, the eligibility of individuals to receive awards, the type and number of awards to be granted to each eligible individual, and the terms and conditions of each award. Award Agreement.Each award granted under the 2025 Share Incentive Plan is evidenced by an award agreement. Eligibility.World Media and Entertainment Universal Inc. may grant awards to employees, consultants and directors. The general scope of eligible individuals shall be determined by the Committee. Vesting Schedule.In general, the administrator determines the vesting schedule, if any, which is specified in the award agreement. Exercise of Options.The exercise price per share subject to an option shall be determined by the administrator and set forth in the award agreement which may be a fixed price or a variable price related to the fair market value of the shares; provided, however, that no option may be granted to an individual subject to taxation in the United States at less than the fair market value on the date of grant, without compliance with Section 409A of the Code, or the holder’s consent. Transfer Restrictions.Awards may not be transferred in any manner by the holder other than in accordance with the exceptions provided in the 2025 Share Incentive Plan, such as transfers to us or transfers upon the death of the holder, pursuant to such conditions and procedures as the administrator may establish. Termination and Amendment of the 2025 Share Incentive Plan.Unless terminated earlier, the 2025 Share Incentive Plan has a term of 10 years. The Committee has the authority to terminate, amend or modify the plan.] 245 TAX CONSIDERATIONS U.S. FEDERAL INCOME TAX CONSIDERATION The following is a discussion of U.S. federal income tax considerations generally applicable to U.S. Holders (as defined below) of BSII Class A Ordinary Shares and BSII Warrants (collectively, the “BSII Securities”) that either (i) participate in the Business Combination, including owning and disposing of aWME Class A Ordinary Shares or aW