Company: MITN
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001514281-25-000033
Chunk: 68

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 68
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 valued at their Fair Market Value on the date the Option is exercised;

(iv) in the discretion of the Committee, payment may be made in whole or in part by the delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell shares of Common Stock and to deliver all or part of the sales proceeds to the Company in payment of all or part of the exercise price and/or any withholding taxes;

(v) in the discretion of the Committee, through a "net exercise" such that, without the payment of any funds, the Participant may exercise the Option and receive the net number of shares of Common Stock equal to (A) the number of shares of Common Stock as to which the Option is being exercised, multiplied by (B) a fraction, the numerator of which is the Fair Market Value per shares of Common Stock(on such date as is determined by the Committee) less the exercise price per share of Common Stock, and the denominator of which is such Fair Market Value per shares of Common Stock. The number of net shares of Common Stock to be received shall be rounded down to the nearest whole number of shares of Common Stock;

(vi) in the discretion of the Committee, a reduction in the amount of any Company liability owed to the Participant;

(vii) in the discretion of the Committee, any combination of the foregoing methods of payment; or

(viii) in the discretion of the Committee, any other consideration and method of payment for the issuance of shares of Common Stock permitted by Applicable Laws.

(e) Exercise of Option .

(i) Procedure for Exercise; Rights as a Stockholder . Any Option granted under this Plan will be exercisable according to the terms of this Plan and at such times and under such conditions as determined by the Committee and set forth in the Award Agreement. An Option will be deemed exercised when the Company receives: (x) written or electronic notice of exercise (in accordance with the Award Agreement) from the person entitled to exercise the Option, (y) full payment for the shares of Common Stock with respect to which the Option is exercised (including provision for any applicable tax withholding), and (z) all representations and documents reasonably requested by the Committee. Full payment may consist of any consideration and method of payment authorized by the Committee and permitted by the Award Agreement and this Plan. Shares of Common

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Stock issued upon exercise of an Option must be issued in the name of the Participant. Until the shares of Common