Company: JUNS
Filing Date: 2025-11-06
Form Type: DEF 14A
Source: 0001493152-25-020988
Chunk: 59

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-06
Form: DEF 14A
Chunk 59
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 The 2025 Plan will terminate ten (10) years from its effective date unless earlier terminated or suspended by the Board.

The Company’s 2025 Equity Incentive Plan (the “ 2025 Plan”) was adopted by the Company’s Board on October 24, 2025, subject to stockholder approval.

The Compensation Committee of the Board, which will administer the 2025 Plan, recommended the adoption of the 2025 Plan after reviewing it and the prior plan, the 2023 Equity Incentive Plan (“ 2023 Plan”). The 2023 Plan is and will remain available for equity-based award grants, and as of October 17, 2025 1,047,135 shares remain available under the 2023 plan for that purpose.

The principal features of the 2025 Plan are summarized below. The summary is qualified in its entirety by the full text of the 2025 Plan, which is set forth as Annex B to this Proxy Statement.

Our Compensation Committee and Board have determined that the adoption of the 2025 Plan is necessary in order to maintain and strengthen the Company’s ability to attract and retain key employees and directors; and provide incentives to our executive team in the form of equity-based awards that align their interests with those of our stockholders.

Absent stockholder approval, the 2025 Plan will not become effective. As the 2025 Plan is discretionary, it is not possible at present to determine the amount or form of any awards that will be granted or available for grant to any person in the future under the 2025 Plan. Because our executive officers and directors are eligible to receive awards under the 2025 Plan, they may be deemed to have a personal interest in the adoption of this proposal.

2025 Plan

The 2025 Plan is intended to promote our long-term success and increase stockholder value by attracting, motivating, and retaining non-employee directors, officers, employees, advisors and consultants. To achieve this purpose, the 2025 Plan will allow the flexibility to grant or award stock options, stock appreciation rights, restricted stock awards, restricted stock units, performance unit awards, performance share awards, cash-based awards and other stock-based awards to eligible individuals, thereby strengthening their commitment to our success and aligning their interests with those of our stockholders.

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Administration

Our Compensation Committee will have discretionary authority to administer the 2025 Plan in accordance with its terms and applicable laws. Our Compensation Committee will determine the non-employee directors