Company: EHSI
Filing Date: 2025-09-02
Form Type: PRE 14A
Source: 0001437749-25-028137
Chunk: 106

Company: Elite Health Systems Inc.
Filing Date: 2025-09-02
Form: PRE 14A
Chunk 106
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) “ Parent Corporation” means any present or future “parent corporation” of the Company, as defined in Section 424(e) of the Code. (t) “ Participant” means any eligible person who has been granted one or more Awards. (u) “ Participating Company” means the Company or any Parent Corporation, Subsidiary Corporation or Affiliate. (v) “ Participating Company Group” means, at any point in time, all entities collectively which are then Participating Companies. (w) “ Performance Award” means an Award of Performance Shares or Performance Units. (x) “ Performance Award Formula” means, for an Award, a formula or table established by the Committee, which provides the basis for computing the value of an Award at one or more threshold levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period. (y) “ Performance Goal” means a performance goal established by the Committee. (z) “ Performance Period” means a period established by the Committee at the end of which one or more Performance Goals are to be measured. (aa) “ Performance Share” means a bookkeeping entry representing a right granted to a Participant pursuant to Section 9 of the Plan to receive a payment equal to the value of a Performance Share based on performance. (bb) “ Performance Unit” means a bookkeeping entry representing a right granted to a Participant pursuant to Section 9 of the Plan to receive a payment equal to the value of a Performance Unit based upon performance. (cc) Restricted Stock Unit” means a bookkeeping entry representing a right granted to a Participant pursuant to Section 8 of the Plan to receive one share of Stock, a cash payment equal to the value of one share of Stock, or a combination thereof, as determined in the sole discretion of the Committee. (dd) “ Restriction Period” means the period established in accordance with Section 8.5 of the Plan during which shares subject to a Stock Award are subject to Vesting Conditions. (ee) “ SAR” means a bookkeeping entry representing, for each share of Stock subject to such SAR, a right granted to a Participant pursuant to Section 7 of the Plan to receive payment of an amount equal to the excess, if any, of the Fair Market Value of a share of Stock on the date of exercise of the SAR over the exercise price. (ff) “ Securities Act” means the Securities Act of 1933, as amended. 32 (gg) “ Service” means a Participant