Company: CXAI
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001829126-25-002762
Chunk: 49

Company: CXApp Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 49
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 combination thereof, except that the per share exercise price for the shares to be issued
pursuant to the exercise of a stock appreciation right will be no less than 100% of the fair market value per share on the date of grant.

Restricted Stock.
Restricted stock may be granted under the Incentive Plan. Restricted stock awards are grants of shares of common stock that vest in accordance
with terms and conditions established by the administrator (if any). The administrator will determine the number of shares of restricted
stock granted to any employee, director or consultant and, subject to the provisions of the Incentive Plan, will determine any terms and
conditions of such awards. The administrator may impose whatever conditions to vesting it determines to be appropriate (for example, the
administrator may set restrictions based on the achievement of specific performance goals or continued service to us); ,
, that the administrator, in its sole discretion, may accelerate the time at which any restrictions will lapse or be removed.
Recipients of restricted stock awards will generally have voting and dividend rights with respect to such shares upon grant without regard
to vesting, unless the administrator provides otherwise. Shares of restricted stock that do not vest are subject to our right of repurchase
or forfeiture.

Restricted Stock Units.
RSUs may be granted under the Incentive Plan. RSUs are bookkeeping entries representing an amount equal to the fair market value of one
share of common stock. Subject to the provisions of the Incentive Plan, the administrator determines the terms and conditions of RSUs,
including the vesting criteria, and the form and timing of payment. The administrator may set vesting criteria based upon the achievement
of company-wide, divisional, business unit or individual goals (including continued employment or service), applicable federal or state
securities laws, or any other basis determined by the administrator in its discretion. The administrator, in its sole discretion, may
pay earned RSUs in the form of cash, in shares, or in some combination thereof. Notwithstanding the foregoing, the administrator, in its
sole discretion, may reduce or waive any vesting criteria that must be met to receive a payout.

Performance Units and Performance Shares. Performance units and performance shares may be granted under the Incentive Plan. Performance units
and performance shares are awards that will result in a payment to a participant only if performance goals established by the administrator
are achieved or the awards otherwise vest. The administrator will establish performance objectives or other vesting provisions in its
discretion, which,