Company: ALGN
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001097149-25-000021
Chunk: 98

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 98
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 or other individuals satisfying applicable laws (in either case, the “Plan Administrator”). The Incentive Plan provides that if transactions under the Incentive Plan are desired to be exempt under Rule 16b-3 of the Securities Exchange Act of 1934, as amended (“Rule 16b-3”), such transactions will be structured to so qualify for exemption under Rule 16b-3 (including, for example, satisfying any committee requirements under Rule 16b‑3).

Subject to the terms of the Incentive Plan, the Plan Administrator has the authority to determine the fair market value of our common stock; to select the employees, consultants, and directors to whom Awards may be granted; to determine the number of shares to be covered by each Award; to approve forms of award agreements for use under the Incentive Plan; to determine the terms and conditions of Awards; to interpret the provisions of the Incentive Plan and Awards; to prescribe, amend and rescind rules and regulations relating to the Incentive Plan; to modify or amend each Award (subject to the restrictions of the Incentive Plan); to allow a participant to satisfy tax withholding obligations (as prescribed in the Incentive Plan); to authorize any person to execute on behalf of Align any instrument required to effect the grant of an Award previously granted by the Administrator; to allow a participant to defer the receipt of a payout under an Award pursuant to such procedures as the Plan Administrator may determine; and to make all other determinations deemed necessary or advisable for administering the Incentive Plan. The Plan Administrator may permit a participant to satisfy tax withholding obligations with respect to an Award by paying cash, having Align withhold otherwise deliverable cash or shares under the Award, having the participant deliver already-owned shares of Align’s common stock, selling shares otherwise deliverable to the participant, such other consideration and method as the Plan Administrator may determine as permitted by applicable laws, or a combination of any of the above. The amount of such withholding generally will be limited to the maximum rates applicable to the participant but may be such greater amount that the Plan Administrator determines will not have adverse accounting consequences. The Plan Administrator’s decisions, determinations, and interpretations will be final and binding on all participants and any other holders of Awards and will be given the maximum deference permitted by applicable laws.

#### Shares Available under the Incentive Plan
A maximum aggregate of 34,668,895 shares will be reserved for issuance under the Incentive Plan, after giving effect to the Incent