Company: BKTI
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001437749-25-012867
Chunk: 110

Company: BK Technologies Corp
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 110
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, and (ii) any other qualifications required by the applicable exchange on which the Common Stock is traded.

(e) “Common Stock” means the Company’s common stock, $0.60 par value per share.

(f) “Company” means BK Technologies Corporation, a Nevada corporation (or any successor company).

(g) “Compensation” means, except as otherwise determined by the Administrator, an Eligible Employee’s regular salary or wages, excluding any overtime, bonuses, commissions or other compensation. The Administrator shall have the discretion to determine the application of this definition to Participants, including those outside working outside the United States.

(h) “Designated Subsidiary” means any present or future Subsidiary that has been designated by the Administrator to participate in the Plan. The Administrator may so designate any Subsidiary, or revoke any such designation, at any time and from time to time, either before or after the Plan is approved by the stockholders, and may separately designate any Designated Subsidiaries as participating in the Non-423 Component. The Administrator may also determine which Subsidiaries and Eligible Employees may be excluded from participation in the Plan, consistent with Section 423 of the Code (or as otherwise may be determined by the Administrator with respect to the Non-423 Component) and determine which Designated Subsidiaries shall participate in separate Offerings. For purposes of clarity, except as otherwise may be provided by the Administrator with respect to the Non-423 Component, only those Subsidiaries that qualify as “subsidiary corporations” to the Company within the meaning of Section 424(f) of the Code may be Designated Subsidiaries with respect to any Offering under the Plan.

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(i) “Eligible Employee” has the meaning set forth in Section 6.

(j) “Enrollment Form” means an agreement, which may be electronic, pursuant to which an Eligible Employee may elect to enroll in the Plan, to authorize a new level of payroll deductions, or to stop payroll deductions and withdraw from an Offering.

(k) “Exercise Date” means the last Trading Day of an Offering Period.

(l) “Fair Market Value” on any given date means the closing price of the Common Stock on the applicable Trading Day, as reported on the NYSE American or such other national securities exchange upon which the Common Stock may be listed at the time.

(m) “Non-423Component” has the meaning set forth in Section