Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 2412

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 7A
Chunk 2412
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 verifies a Milestone has been achieved (the
    “Grant Date”). For example, if the Company verifies a Milestone has been achieved on April 12, 2024, the Company will
    grant the Participate RSUs on April 30, 2025. RSUs will vest in 24 equal installments starting the month following the Grant Date,
    with any remainder, if any, added to the last month of the vesting schedule. Participants who terminate their relationship with the
    Company during the vesting period will forfeit any unvested RSUs. If the Participant does not pay his or her annual or monthly dues
    pursuant to that certain independent contractor agreement signed by such agent and the Company or its Majority Subsidiary within
    60 days of the due date, all remaining unvested RSUs will be forfeited.

71

    b.
    Recruiting:

1.Participant will receive RSUs that will have a value of $200 per agent
recruited based on the prior 30-day VWAP of the Company’s Common Stock on the Nasdaq Stock Market as of the last trading day prior
to the date of the grant, rounded down to a whole share if such Participant: (i) recruits agents who become agents of the Company and
remain agents of the Company for at least 12 consecutive months, and (ii) remains with the Company for at least 12 consecutive months.
Such RSUs shall be granted for every agent recruited by a Participant. The Company will grant the awards of RSUs to the qualifying Participant
on the last trading day of the month of the first anniversary of the date that the Company verifies that a recruited agent has been with
the Company for one year. Such RSUs will vest equally over the 24-month period starting the month after the RSUs are issued, with any
remainder added to the last month of the vesting schedule. Participants who terminate their relationship with the Company during the vesting
period will forfeit any unvested shares. If the Participant does not pay his or her annual or monthly dues (pursuant to that certain independent
contractor agreement signed by such agent and the Company or its Majority Subsidiary) within 60 days of the due date, all remaining unvested
shares will be forfeited.

2.A Participant will receive RSUs that will have a value of $8,000 based
on the prior 30-day VWAP of the Company’s Common Stock on