Company: MYSEW
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001213900-25-054788
Chunk: 40

Company: Myseum, Inc.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 40
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 that the plan administrator determines was in excess of the amount that such Section 10D -1(d) executive officer would have received had such cash or equity incentive compensation been calculated based on the restated amounts reported in the restated financial statement. The plan administrator may take into account any factors it deems reasonable in determining whether to seek recoupment of previously paid cash or equity incentive compensation and how much of such compensation to recoup from each Section 10D -1(d) executive officer (which shall be made irrespective of any fault, misconduct or responsibility of each Section 10D -1(d) executive officer). The amount and form of the incentive compensation to be recouped shall be determined by the plan administrator in its sole and absolute discretion, and calculated on a pre -taxbasis. 24 U.S. Federal Income Tax Consequences The following is a summary of certain United States federal income tax consequences of awards under the 2021 Plan. It does not purport to be a complete description of all applicable rules, and those rules (including those summarized here) are subject to change. Non-Qualified Stock Options A participant who has been granted a non -qualifiedstock option will not recognize taxable income upon the grant of a non -qualifiedstock option. Rather, at the time of exercise of such non -qualifiedstock option, the participant will recognize ordinary income for income tax purposes in an amount equal to the excess of the fair market value of the shares of common stock purchased over the exercise price. We generally will be entitled to a tax deduction at such time and in the same amount that the participant recognizes ordinary income. If shares of common stock acquired upon exercise of a non -qualifiedstock option are later sold or exchanged, then the difference between the amount received upon such sale or exchange and the fair market value of such shares on the date of such exercise will generally be taxable as long -termor short -termcapital gain or loss (if the shares are a capital asset of the participant) depending upon the length of time such shares were held by the participant. Incentive Stock Options In general, no taxable income is realized by a participant upon the grant of an incentive stock option (“ISO”). If shares of common stock are purchased by a participant, or option shares, pursuant to the exercise of an ISO granted under the 2021 Plan and the participant does not dispose of the option shares within the two -yearperiod after the date of grant or within one year after the receipt of such option shares by the participant, such disposition