Company: MVIS
Filing Date: 2025-04-18
Form Type: PRE 14A
Source: 0001641172-25-005410
Chunk: 80

Company: MICROVISION, INC.
Filing Date: 2025-04-18
Form: PRE 14A
Chunk 80
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 reported on that date, as applicable, on the last Trading Day such bids and asks were reported), as reported in The Wall Street Journalor such other source as the Administrator deems reliable; or

(c) In the absence of an established market for the Common Stock, the Fair Market Value will be determined in good faith by the Administrator.

In addition, for purposes of determining the fair market value of shares for any reason other than the determination of the exercise price of Options or Stock Appreciation Rights, fair market value will be determined by the Administrator in a manner compliant with Applicable Laws and applied consistently for such purpose. The determination of fair market value for purposes of tax withholding may be made in the Administrator’s sole discretion subject to Applicable Laws and is not required to be consistent with the determination of fair market value for other purposes.

2.18 “ Fiscal Year” means the fiscal year of the Company.

2.19 “ Incentive Stock Option” means an Option that by its terms qualifies and is otherwise intended to qualify as an incentive stock option within the meaning of Code Section 422 and the regulations promulgated thereunder.

2.20 “ Nonstatutory Stock Option” means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock Option.

2.21 “ Officer” means a person who is an officer of the Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder.

2.22 “ Option” means a stock option granted pursuant to the Plan.

2.23 “ Outside Director” means a Director who is not an Employee.

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2.24 “ Parent” means a “parent corporation,” whether now or hereafter existing, as defined in Code Section 424(e).

2.25 “ Participant” means the holder of an outstanding Award.

2.26 “ Performance Awards” means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be cash- or stock-denominated and may besettled for cash, Shares or other securities or a combination of the foregoing underSection 10 of the Plan.

2.27 “ Performance Period” means Performance Period as defined in Section 10.1 of the Plan.

2.28 “ Period of Restriction” means the period (if any) during which the transfer of Shares of Restricted Stock are subject to restrictions and therefore, the Shares are subject to a substantial risk of