Company: HROW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001641172-25-006102
Chunk: 55

Company: HARROW, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 55
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”) while certain other options granted pursuant to the Plan shall be nonqualified stock options (the “Nonqualified Options”). Incentive Options and Nonqualified Options are hereinafter referred to collectively as “Options.”

The Company intends that the Plan
meet the requirements of Rule 16b-3 (“Rule 16b-3”) promulgated under the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), and that transactions of the type specified in subparagraphs (c) to (f) inclusive of Rule 16b-3
by officers and directors of the Company pursuant to the Plan will be exempt from the operation of Section 16(b) of the Exchange Act.
In all cases, the terms, provisions, conditions and limitations of the Plan shall be construed and interpreted consistent with the Company’s
intent as stated in this Section 1.

| 2. | Administration of the Plan. |

The Board of Directors of the
Company (the “Board”) shall appoint and maintain as administrator of the Plan a Committee (the “Committee”)
consisting of two or more directors who are (i) “Independent Directors” (as such term is defined under the rules of
the NASDAQ Stock Market) and (ii) “Non-Employee Directors” (as such term is defined in Rule 16b-3), which shall serve
at the pleasure of the Board. The Committee, subject to Sections 3, 5, 6 and 7 hereof, shall have full power and authority to designate
recipients of Options, restricted stock (“Restricted Stock”) and restricted stock units (“Restricted Stock Units”) and to determine the terms and conditions of the respective Option, Restricted Stock and Restricted Stock Unit agreements
(which need not be identical) and to interpret the provisions and supervise the administration of the Plan. The Committee shall have the
authority, without limitation, to designate which Options granted under the Plan shall be Incentive Options and which shall be Nonqualified
Options. To the extent any Option does not qualify as an Incentive Option, it shall constitute a separate Nonqualified Option.

Subject to the provisions of the
Plan, the Committee shall interpret the Plan and all Options, Restricted Stock and Restricted Stock Units granted under the Plan, shall
make such rules as it deems necessary for the proper administration of the Plan, shall make all other determinations necessary or advisable
for the administration of the Plan and shall correct any defects or supply any omission or reconcile any inconsistency in the