Company: ALGN
Filing Date: 2025-03-27
Form Type: PRE 14A
Source: 0001097149-25-000016
Chunk: 105

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-03-27
Form: PRE 14A
Chunk 105
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 cash or shares of Align's common stock under the Incentive Plan as it determines to be in the best interests of Align and pursuant to such other terms and conditions as it deems appropriate, subject to the terms of the Incentive Plan.

#### Non-Transferability of Awards
Unless determined otherwise by the Plan Administrator, Awards granted under the Incentive Plan generally are not transferable other than by will or by the laws of descent or distribution, and may be exercised, during a participant’s lifetime, only by the participant. However, an Award may not be transferred to a financial institution for value.

#### Misconduct
If a participant’s service terminates as a result of their misconduct (as defined in the Incentive Plan) or the participant engages in misconduct while holding an outstanding Award, then all Awards granted under the Incentive Plan that the participant holds will terminate immediately and the participant will have no further rights with respect to those Awards. Shares under such Awards that terminate will revert to the Incentive Plan.

#### Adjustments
In the event of any dividend or other distribution (whether in the form of cash, shares of Align’s common stock, other securities, or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, exchange of shares of common stock or other securities of Align, or other change in the corporate structure of Align affecting its common stock, the Plan Administrator, in order to prevent diminution or enlargement of the benefits or potential benefits intended to be available under the Incentive Plan, will adjust the number and class of shares of our common stock that may be delivered under the Incentive Plan and/or the number, class and price of shares of our common stock subject to each outstanding Award, and the numerical limits in the Incentive Plan.

#### Dissolution or Liquidation
In the event of Align’s proposed dissolution or liquidation, the Plan Administrator will notify each participant as soon as practicable prior to the effective date of such proposed transaction. An Award will terminate immediately prior to consummation of such proposed action to the extent the Award has not been previously exercised.

#### Change in Control
In the event of our merger with or into another corporation or other entity or our change in control, each outstanding Award will be treated as the Plan Administrator determines, including, without limitation, that each Award be assumed or an equivalent option or right substituted for by the successor corporation (or a parent or subsidiary of the