Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 28

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 28
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) margins; (xv) productivity and operating
efficiencies; (xvi) customer satisfaction; (xvii) customer growth; (xviii) working capital targets; (xix) measures of economic value added;
(xx) inventory control; (xxi) enterprise value; (xxii) sales; (xxiii) debt levels and net debt; (xxiv) combined ratio; (xxv) timely launch
of new facilities; (xxvi) client retention; (xxvii) employee retention; (xxviii) timely completion of rollouts of new products and services;
(xxix) cost targets; (xxx) reductions and savings; (xxxi) productivity and efficiencies; (xxxii) strategic partnerships or transactions;
and (xxxiii) personal targets, goals or completion of projects.

Any one (1) or more of the
performance criteria may be used on an absolute or relative basis to measure the performance of AppTech and/or one or more affiliates
as a whole or any business unit(s) of AppTech and/or one or more affiliates or any combination thereof, as the Committee may deem appropriate,
or any of the above performance criteria may be compared to the performance of a selected group of comparison or peer companies, or a
published or special index that the board of directors of AppTech, in its sole discretion, deems appropriate, or as compared to various
stock market indices. The Committee also has the authority to provide for accelerated vesting of any award based on the achievement of
performance goals pursuant to the performance criteria. Any performance criteria that are financial metrics may be determined in accordance
with GAAP or may be adjusted when established to include or exclude any items otherwise includable or excludable under GAAP.

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Equitable Adjustments

In the event of (i) any dividend
(other than ordinary cash dividends) or other distribution (whether in the form of cash, AppTech Common Stock, other securities or other
property), recapitalization, stock split, reverse stock split, reorganization, merger, amalgamation, consolidation, spin-off, split-up,
split-off, combination, repurchase or exchange of AppTech Common Stock or other securities of AppTech, issuance of warrants or other rights
to acquire AppTech Common Stock or other securities of AppTech, or other similar corporate transaction or event (including, without limitation,
a change in control (as defined below)) that affects the AppTech Common Stock, or (ii) unusual or