Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 325

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 325
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, unless explicitly provided otherwise in a grantee’s grant agreement) shares to a grantee that are subject to certain specified restrictions. Each restricted stock grant will be in such form and will contain such terms and conditions as the GryphonAdministrator will deem appropriate. The terms and conditions of restricted stock grants may change from time to time and the terms and conditions of separate grant agreements need not be identical. The purchase price for shares issued pursuant to a restricted stock grant, if any, will be determined by the GryphonAdministrator on the date the restricted stock grant is granted and, if permitted by applicable law, no cash consideration will be required in connection with the payment for the purchase price where the GryphonAdministrator provides that payment will be in the form of services previously rendered. Grantees holding restricted stock grants will be entitled to receive all dividends and other distributions paid with respect to such shares, unless the GryphonAdministrator provides otherwise at the time the grant is granted. If any such dividends or distributions are paid in shares, the shares will be subject to the same restrictions on transferability and forfeitability as the restricted stock grants with respect to which they were paid. An RSU grant is a grant covering a number of shares that may be settled in cash or by issuance of those shares at a date in the future. Each RSU grant will be in such form and will contain such terms and conditions as the GryphonAdministrator will deem appropriate. The terms and conditions of RSU grants may change from time to time and the terms and conditions of separate grant agreements need not be identical. Unless otherwise determined by the GryphonAdministrator, no purchase price will apply to an RSU settled in shares. Payment of vested RSUs will be made as soon as practicable after the date(s) determined by the GryphonAdministrator and set forth in the grant agreement. The GryphonAdministrator, in its sole discretion, may settle vested RSUs in cash, shares or a combination of both. The GryphonAdministrator may permit grantees holding RSUs to receive dividend equivalent rights (as defined in the 2024 Plan) on outstanding RSUs if and when dividends are paid to stockholders on shares. In the discretion of the GryphonAdministrator, such dividend equivalent rights may be paid in cash or shares and may either be paid at the same time as dividend payments are made to stockholders or delayed until shares are issued pursuant to the underlying RSUs and may be subject to the same vesting or performance requirements as the RSUs. If the GryphonAdministrator permits dividend equivalent